II. Industrial capacity building and upgrading

4. Supporting projects in strategic emerging industries. Lin-gang Special Area will support industrial projects that can drive and lead Lin-gang Special Area's overall development to promote the concentration and development of strategic emerging industries in Lin-gang Special Area. In principle, a project supported by special funds shall have a total investment of no less than 100 million yuan, new investment no less than 80 percent of the total investment and company-owned capital no less than 30 percent of the total investment. The amount of financial support for a project shall be 10 to 30 percent of the total investment with a maximum of 100 million yuan in principle. Special support shall be given to projects in Lin-gang Special Area's four key industries that address China's strategic needs, are in great demand in the international market and have high requirements for openness, but are not yet ready for implementation in other regions, on a case by case basis.

5. Supporting enterprises to promote intelligent development. Lin-gang Special Area will support enterprises' pilot application of intelligent manufacturing, industrial internet, AI, 5G and other related technologies for digitalization, informatization, networking and intelligentization. The financial support for a project listed in the category of pilot application is up to 50 million yuan.

6. Supporting enterprises to promote technological upgrading and industry transformation. Lin-gang Special Area will support enterprises to upgrade existing facilities, technological conditions and production services with new technologies, new processes, new equipment or new materials, to eliminate outdated production capacity. The project's total investment should reach 20 million yuan, with the proportion of fixed investment in the project's total investment not less than 60 percent. Such projects are divided into key projects and general projects. The financial support for a general technological upgrading project is up to 10 percent of its total investment and a maximum amount of 10 million yuan. The financial support for a key technological upgrading project with a total investment up to 100 million yuan and in the annual list of key technological upgrades to be supported should be up to 20 percent of its total investment with a maximum of 50 million yuan.

7. Supporting enterprises to conserve energy and reduce emissions. Lin-gang Special Area will support projects for energy conservation, emissions reduction, carbon reduction and tackling climate change. Enterprises are encouraged to further explore and improve their existing facilities, equipment and capabilities. Such projects will be supported by a special fund in the form of subsidies or rewards. Energy conservation and emissions reduction projects shall be supported in accordance with the criteria stipulated in Shanghai's relevant measures for energy conservation and emissions reduction.

8. Supporting special and major projects. With the approval of Lin-gang Special Area Administration, the financial support for a special major project in line with Lin-gang Special Area's industrial orientation with fixed investment not less than 60 percent of its total investment shall be 5 to 10 percent of the project's total investment (or fixed investment/capacity) and the amount should be less than 1 billion yuan.