To thoroughly implement the decisions and plans of the Central Committee of the Communist Party of China and the State Council regarding accelerating the advancement of new industrialization and promoting large-scale equipment upgrades, and in accordance with the “Notice of the General Office of the People’s Government of Guangdong Province on Issuing Several Measures to Promote the Accelerated Implementation of Technological Upgrades by Industrial Enterprises under New Circumstances in Guangdong Province” (Yue Ban Han [2023] No. 293), the following measures are formulated in light of our city’s actual conditions.
I. Expand the Scope of Fiscal Support for Technological Transformation Projects.Industrial enterprises are encouraged to increase investment in technological transformation focused on expanding production capacity, enhancing production efficiency, improving product quality, optimizing the production environment, and reducing energy consumption and emissions. For technological transformation investment projects that comply with national, provincial, and municipal industrial policies, are included in our city’s industrial investment statistics, and have new equipment purchases totaling 5 million yuan or more during the construction period (not exceeding 3 years), a post-completion reward of up to 20% of the new equipment purchase amount will be granted.For technical renovation projects involving the purchase of high-value equipment through installment payments, a post-completion incentive of up to 20% of the actual equipment payment amount will be granted; incentives for a single piece of equipment may be awarded consecutively for up to 3 years. The scope of support for newly purchased equipment is expanded from production equipment to include energy-consuming equipment, power distribution equipment, and supporting software used by the enterprise. This measure will be implemented in coordination with provincial and municipal policies, with the incentive ratio maintained as consistent as possible; the incentive amount for a single project shall not exceed 30 million yuan.For investment in construction and installation projects for factory buildings within the scope of the aforementioned technical renovation filing, a post-completion incentive of up to 2% will be provided, with a maximum incentive amount of 5 million yuan per project. (Responsible Units: Municipal Bureau of Industry and Information Technology, People’s Governments of all districts)
II. Encouraging Small and Medium-Sized Enterprises to Implement Technological Upgrades. Support will be provided to specialized, refined, distinctive, and innovative enterprises to increase their investment in technological upgrades. For projects by national-level “Little Giant” enterprises and provincial-level specialized, refined, distinctive, and innovative SMEs that have received post-implementation technological upgrade rewards from provincial and municipal authorities, the municipal government will provide an additional reward of 2% of the equipment purchase amount, up to a maximum of 5 million yuan. This additional reward will be disbursed through a “no-application-required” mechanism.We encourage the continuous implementation of “small-scale technical renovation” projects. For technical renovation projects where enterprises purchase new equipment valued between 1.5 million and 5 million yuan, a post-project reward of up to 15% of the new equipment purchase amount will be provided. The municipal government will allocate up to 200 million yuan annually to support “small-scale technical renovation” projects across all districts. (Responsible units: Municipal Bureau of Industry and Information Technology, People’s Governments of all districts)
III. Promote the “Four Modernizations” Platform Empowerment Initiative. Focusing on digital transformation, networked collaboration, intelligent upgrading, and green development, select “Four Modernizations” platforms with strong technical capabilities, scale, and service capacity.Support the selected “Four Modernizations” assessment and diagnostic service providers in offering such services to industrial enterprises above a certain scale. For eligible enterprises, provide subsidies to the selected service providers at a rate of up to 200,000 yuan per enterprise for each “Four Modernizations” assessment and diagnostic project.Support enterprises in carrying out “Four Modernizations” upgrades. For eligible projects involving the procurement of basic software and industrial software, as well as customized software and hardware development, subsidies of up to 30% of the total project investment will be provided, with the total subsidy amount not exceeding 100 million yuan. (Responsible Units: Municipal Bureau of Industry and Information Technology, People’s Governments of all districts)
IV. Supporting the Digital Transformation of Small and Medium-Sized Enterprises (SMEs). Accelerate the digital transformation and upgrading of SMEs and foster a high-quality industry digital service ecosystem. Support digital transformation projects for SMEs; for pilot enterprises that have passed acceptance inspections, provide subsidies at a certain percentage of the verified actual project investment.The cumulative support from special funds at the central, provincial, and municipal levels for a single project shall not exceed 50% of the project’s approved investment amount, with a maximum of 1.5 million yuan. Support will be provided for the construction of industry platforms for the digital transformation of industrial and supply chains. Eligible projects for such platforms will receive awards and subsidies, with the cumulative support from fiscal funds at the central, provincial, and municipal levels for a single project not exceeding 2.5 million yuan. (Responsible Units: Municipal Bureau of Industry and Information Technology, People’s Governments of All Districts)
V. Prioritize Technological Upgrades in Key Industrial Clusters. Promote new-type technological upgrades, focusing on industries such as automotive, electronics, and equipment manufacturing. Leverage the leading role of flagship enterprises to create a series of demonstration projects at the “point,” “line,” and “area” levels, driving upstream and downstream enterprises to accelerate “intelligent transformation, digital transition, and network connectivity.”Support small and medium-sized enterprises (SMEs) in key sub-sectors—such as smart connected and new energy vehicle components, machine tools and robots, fashion and beauty, custom home furnishings, and apparel and luggage—to conduct technological upgrades concurrently with digital transformation, thereby accelerating quality improvement and upgrading. Relevant projects will be given priority in the post-project evaluation for technological upgrade incentives. (Responsible Units: Municipal Bureau of Industry and Information Technology, People’s Governments of all districts)
VI. Establishing Benchmarks for Technological Transformation. Formulate and issue a guidance catalog for technological transformation investments to guide enterprises in applying new technologies and processes, thereby enhancing the effectiveness of technological transformation investments. Promote the application and dissemination of independently innovated products in technological transformation projects, and support supply-demand cooperation between manufacturing enterprises and application-end enterprises. Enterprises that implement technological transformations using first-of-a-kind equipment, first-batch materials, or first-version software will be given priority in the review of post-project rewards for technological transformation.Enterprises selected as “Digital Leadership” enterprises recognized by the Ministry of Industry and Information Technology or as national-level smart manufacturing demonstration factories will be eligible for a reward of up to 1 million yuan; enterprises selected as national-level green factories or 5G fully connected factories will be eligible for a reward of up to 500,000 yuan. During the policy’s validity period, each enterprise may receive the relevant reward based on the principle of selecting the highest amount without duplication. (Responsible Units: Municipal Bureau of Industry and Information Technology, People’s Governments of All Districts)
VII. Strengthening Financial Support for Technical Upgrades.We will intensify cooperation among government, banks, and enterprises, guiding banking institutions to coordinate with project competent authorities and implementing enterprises to provide financial support services in accordance with market-oriented and rule-of-law principles. We will increase subsidies and rewards for financing costs associated with eligible technical renovation projects. Building upon the provincial technical renovation loan interest subsidy policy, the municipal government will raise the annual interest subsidy cap per enterprise to no more than 5 million yuan; similarly, based on the provincial financial leasing subsidy policy, the annual subsidy cap per enterprise will be raised to no more than 5 million yuan.Guide municipal and district government-backed financing guarantee institutions to provide bulk guarantee and credit enhancement support for technical renovation projects. Organize government-guided funds to partner with enterprises implementing technical renovations, supporting their growth and strengthening through equity investment. (Responsible Units: Municipal Bureau of Industry and Information Technology, Municipal Party Committee Financial Affairs Office, Municipal Finance Bureau, People’s Governments of all districts)
VIII. Strengthen Land and Facility Support for Projects. Support high-quality industrial enterprises in increasing capital and expanding production; each district should address land requirements in the same manner as for investment promotion projects of equivalent scale. For projects that cannot be located within a district, encourage districts to coordinate with other districts through the city’s investment promotion management system to facilitate their establishment; the municipal investment development department will include such projects in the investment promotion assessment as bonus items based on their subsequent progress.For technical renovation projects with clearly defined planning and construction conditions, industrial land will be supplied “with approved plans” to enable construction to begin immediately upon land handover. We encourage technical renovations that do not require additional land. We will collectively increase the floor area ratio (FAR) of eligible planned industrial land within industrial zones. For “zero-land-increase” technical renovation projects that meet urban and rural planning approval requirements and remain within the original land boundaries, no additional land transfer fees will be charged for the increased floor area of production facilities.All districts should streamline procedures for floor area ratio adjustments and project construction applications, and promote parallel processing. (Responsible Units: Municipal Bureau of Planning and Natural Resources, Office of the Municipal Investment and Development Commission, People’s Governments of all districts)
IX. Optimize Project Approval Services. Utilize the Provincial Industrial Enterprise Technical Renovation Monitoring System to strengthen information sharing, and proactively provide guidance and services for energy assessments, safety assessments, and environmental impact assessments involved in technical renovation projects. Districts with the necessary conditions may reduce project entities’ costs for energy, safety, and environmental impact assessments by purchasing intermediary services through government procurement.Optimize service mechanisms for energy and environmental assessments, and effectively implement policies such as excluding non-fossil energy and energy consumption for raw materials from total energy consumption controls, and separately calculating energy consumption for national key projects. For technical renovation projects that meet relevant regulations, implement reform measures such as the notification and commitment system and simplification of environmental assessment requirements. (Responsible units: Municipal Development and Reform Commission, Municipal Ecology and Environment Bureau, Municipal Emergency Management Bureau, and district people’s governments)
X. Improve the working mechanism for the “Major Technical Renovation” initiative. Establish a coordinated mechanism linking municipal and district levels to further optimize end-to-end services for project filing, statistical inclusion, and reporting, thereby improving approval efficiency. Guide enterprises to properly handle the approval and filing of technical renovation projects in accordance with laws and regulations, and ensure timely updates to information in the event of significant changes in circumstances. Promote policies supporting enterprise technical renovation through various channels to increase policy awareness.Accurately interpret the definition of technical renovation investment projects and promote the inclusion of industrial enterprises’ technical renovation investments in statistical reporting based on actual conditions. All industrial investment projects classified as reconstruction or technical renovation, as well as those in the categories of expansion (including capital increases for production expansion), relocation, restoration, and pure acquisition that fall under the nature of technical renovation, and technical renovation projects undertaken by industrial enterprises through financial leasing, shall be included in industrial technical renovation investment statistics in accordance with regulations.Each district may, based on local conditions, extend support to technical renovation projects falling below the investment threshold specified in these measures, thereby further improving the efficiency of fiscal fund utilization and establishing a complementary alignment of municipal and district industrial policies. (Responsible Units: Municipal Bureau of Industry and Information Technology, Municipal Development and Reform Commission, Municipal Bureau of Statistics, Municipal Bureau of Government Services and Data Management, and People’s Governments of all districts)
These measures shall take effect from the date of issuance and remain valid until December 31, 2027. Detailed implementation rules regarding the management of funds covered by these measures shall be formulated separately in accordance with relevant procedures.












