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Xiamen launches new policies to fuel the development of enterprises

Recently, Xiamen Municipal Bureau of Commerce promulgated the Follow-up Policies and Measures to Solidly Stabilize Business Economy to facilitate the stable development of enterprises in Xiamen. Priority will be given to strengthen the service assurance for key foreign-funded projects in the manufacturing sector and to facilitate the implementation and capital entry of projects. Xiamen will subsidize enterprises in terms of personnel and booth to stimulate them to explore the international market. New energy vehicle export enterprises will be given subsidies for booth fees and personnel costs for their participation in exhibitions abroad. To boost consumption, an extension will be given to the support policy period for each district in increasing the issuance of consumption vouchers and to the platform service policy period for catering enterprises. To promote second-hand car retailing, adjustments will be made to increase incentives for second-hand car retail enterprises. Xiamen will also continue to offer services that benefit enterprises to help them relieve their difficulties and reduce their burdens, and enhance the level of investment and trade facilitation.

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