Guangzhou's Huangpu district recently rolled out a set of 30 policies aimed at optimizing the business environment in the region. This is set to bolster the confidence of market entities and propel high-quality economic growth.
Preferential policies for additional deduction of R&D expenses
The Huangpu district of Guangzhou city - capital of South China's Guangdong province - introduced 10 measures for government-bank cooperation in April.
The number of academicians in Guangzhou's Huangpu district has increased by more than five times in the past five years, with the number of high-level talents also increasing by more than three times, creating a talent highland that is very attractive throughout the country.
Guangzhou's Huangpu district announced a new policy with several measures to promote high-quality economic development within the district on May 22. They are set to boost business growth and enhance the economy.
The (Guangzhou) Huangpu district entrepreneurship and innovation outstanding talent incentive has been launched, and talents can apply from Jan 3 to Feb 10.