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Policies on Advanced Manufacturing

(I) Enabling Enterprises to Innovate and Develop

1. For enterprises listed in the Advanced Manufacturing Industry Multiplication Plan, an annual R&D subsidy of up to RMB 10 million will be given to each enterprise.

2. Technology innovation projects of enterprises on the White List of Technology Innovation Fund Enterprises Projects will be given a financing support of not more than 90% of the total investment and up to 500 million yuan. Enterprises on the White List of Technology Innovation Fund Enterprises will be given a financing support of not more than 50% of the R&D expenses of the previous year and up to 50 million yuan. Enterprises' financing cost is set at 2% per year, and the difference between enterprises' financing cost and banks' return will be subsidized by the government. For the projects of capital increase, production expansion and technological innovation with a total investment of 500 million yuan or more implemented by enterprises listed in the Advanced Manufacturing Industry Multiplication Plan, a special subsidy for technical innovation of 10% of the equipment investment and up to 60 million yuan be given, and 50% of the subsidy can be allocated in advance.

Enterprises rated as the national pilot demonstration project for the integrated development of new-generation information technology and manufacturing industry, the national industrial Internet pilot demonstration project, the national industrial Internet platform innovation pioneering application case, and the national intelligent manufacturing demonstration factory will be awarded an incentive of up to 1 million yuan. Enterprises that obtain the title of national intelligent manufacturing excellent scenarios will be awarded an incentive of up to 500,000 yuan.

(II) Land Use Support for Major Projects

For industrial projects identified by Xiamen as priority industries with intensive land use and a total investment of over RMB 1 billion, the base price for land transfer can be set as not less than 70% of the lowest price standard for industrial land corresponding to the land grade of the location.

(III) Vigorously Developing and Introducing High-level Enabling Platforms

Xiamen has vigorously supported domestically and internationally well-known industrial Internet platforms to create benchmark platforms for digital empowerment in the city, to provide digital and intelligent services for enterprises. A subsidy of 5% of the digital service revenue will be given, with a maximum cumulative subsidy of 5 million yuan per enterprise. Cross-industry and cross-domain industrial Internet platforms certified by the Ministry of Industry and Information Technology of PRC can enjoy a subsidy of up to 10 million yuan.