Xiangzhou District, Zhuhai

The provincial government of Guangdong introduced a series of measures, including 61 items, in Sept 10, to alleviate the burdens on enterprises and promote the development of real economy.

The new measures, also known as the "ten new measures for real economy" for it covers ten aspects, were designed to cut enterprises' costs in tax, land occupation, social insurance and finance, as well as facilitate the implementation of major projects and the development of emerging industries. 

In August, 2017, the province had once released "ten measures for real economy" which, by this June, helped local enterprises in real economy save 96.3 billion yuan ($14.07 billion) in expenses.

Oceanalpha, world leading Unmanned Surface Vessel (USV) company in Zhuhai, benefits from the "ten new measures for real economy". 

The measures of this year were made based on the previous ones and were greatly improved. They were expected to alleviate burdens of more than 200 billion yuan on enterprises by 2020.

The measures were well received by enterprises. "Guangdong's 'ten new measures for real economy' will help enterprises reduce costs and we have been keeping an eye on this good news," said Sun Bo, general manager of P&R Measurement Technology Co Ltd.

Sun explained that the measures were rather practical and they would meet the enterprises' requirements for further development. He believed that their company would achieve further development with the help of the new measures.

"The measures should be carried out according to local conditions," said Sun. He suggested that government departments should implement the measures based on the development planning and practical conditions of different regions and industrial parks, as well as the characteristics of enterprises.

P&R Measurement Technology Co Ltd is a provider of testing and automation solutions founded in 2011 at Doumen District in Zhuhai City. It owns more than 100 intellectual patents and is honored as High & New-Technology Enterprise (HNTE) firms. Its products are wildly applied on white household applicants, consumer electronics and new energy vehicles. 

The "ten new measures for real economy" is expected to promote the development of new energy vehicles.  [Photo courtesy Zhuhai Daily]

Doumen is a major development area for real economy. It takes manufacturing industry as its pillar industry and strives to push industries to develop in a more intelligent, high-end, and defined way. In the first half of this year, the equipment manufacturing industry in the district realized a development of 3.915 billion yuan, a year-on-year increase of more than 30 percent.

Zhuhai responded actively to the province’s measures. In the first half year of 2018, the city helped real economy enterprises save as much as 3.99 billion yuan in cost, achieving an added value of 49.562 billion yuan in industries above designated size, increasing by 13.4 percent yearly and ranking first in Guangdong.