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Development zone tops Fujian's evaluation of comprehensive strength

China Daily | Updated: 2021-11-30

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The Xiamen technological innovation park is home to many research and development centers, and projects. [provided to CHINA DAILY] 

According to the zone's administrative committee, little giant companies are able to fill in the missing parts and key links in the industrial chain. The zone aims to have more than 100 such companies by 2025. 

Little giant companies on the list policies to offer them support. According to the zone's administrative committee, little giant companies are able to fill in the missing parts and key links in the industrial chain. The zone aims to have more than 100 such companies by 2025. Little giant companies on the list of their total equipment investment at most. 

Local officials said that starting from this year, those registered in the pool will be given R&D expense subsidies next year. Each will receive the maximum subsidy of 3 million yuan per year.

In terms of optimizing the environment for enterprise growth, the zone will support companies that have increased capital, expanded production and newly purchased equipment worth more than 5 million yuan. Some having property in the zone will be given subsidies according to the actual rented area. Others in dire need of construction land will be accommodated. 

This year, the zone launched the nation's first non-academic educational institution in a high-tech zone - Xiamen Torch University - to offer training courses for executives and experts with little giant companies, who can also join a federation to connect other companies in the zone and seek out collaborations. 

In addition, employees at little giant companies can enjoy preferential housing at 50 percent off the market price in the zone. 

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