Recently, the Commission for Industry and Information Technology of Guangxi Autonomous Region has issued “The Policy on Measures for Promoting Industrial Economy in Q4 2024” (hereinafter referred to as “The Policy on Measures”), aiming to help enterprises expand production and accelerate project investments, thereby further revitalizing the industry.

“The Policy on Measures” includes 34 specific measures, featuring several incremental policies. Notably, new investment subsidies are added for newly launched major projects, including both newly launched projects and technological transformation projects that begin in Q4 2024 and meet certain investment volume thresholds. A new interest subsidy policy for working capital loans to key industrial enterprises has also been introduced, with a subsidy rate of 2 percentage points. Additionally, the rewards will be provided to electronic information manufacturing companies that successfully establish supply-demand relationships and form effective supply chains for the first time.