Recently, it was learned that since the beginning of this year, Guangxi has comprehensively used various fiscal policies to promote the development and growth of strategic emerging industries and the transformation and upgrading of traditional industries in the autonomous region, and further enhance the stability and competitiveness of the industrial chain and supply chain.

It is reported that in terms of accelerating the development of strategic emerging industries, since the beginning of this year, Guangxi has issued 56 “Double Hundred and Double New” Industrial Projects (projects in fields of new industries and new technologies with both investment value and output value exceeding ten billion yuan), which are expected to drive a total investment of 29.85 billion yuan. What’s more, Guangxi will support infrastructure construction projects such as training bases for intelligent manufacturing talent by vocational colleges in the autonomous region. In terms of promoting the transformation and upgrading of the traditional manufacturing industry, Guangxi has issued a special fund for the high-quality development of the aluminum industry to help enterprises transform and upgrade to middle- and high-end enterprises and upgrade key process equipment, which is expected to leverage a total investment of 5.217 billion yuan. Moreover, a number of policies and measures have been introduced to support the renewal of equipment in the industrial field.