In accordance with the spirit of the “Notice of the People’s Government of the Guangxi Zhuang Autonomous Region on Issuing the ‘Three-Year Action Plan for Implementing a New Round of Industrial Revitalization in Guangxi,’” the following policy measures are proposed.

I. Continue to Increase Fiscal Support for Industry

From 2024 to 2026, general public budget funds and new government special bond funds will be allocated annually to support major industrial projects, enterprise technological upgrades, enterprise digital transformation, industrial park infrastructure construction, enterprise tiered development, enterprise market expansion, enterprise contribution incentives, and local performance evaluation rewards through equity investment, loan interest subsidies, financing guarantees, investment subsidies, and financial incentives. All cities, counties (cities, districts) shall correspondingly increase fiscal investment in industry.(Lead Agencies: Department of Finance, Department of Industry and Information Technology, Development and Reform Commission, State-owned Assets Supervision and Administration Commission, and Office of Industrial Park Reform and Development of the Autonomous Region; Municipal People’s Governments; Cooperating Agencies: Office of the Financial Affairs Committee of the Autonomous Region Party Committee, and Guangxi Securities Regulatory Bureau)

II. Supporting Industrial Science and Technology Innovation

The Autonomous Region will provide annual financial funding for key core technology R&D projects in accordance with relevant policies. For industrialization projects involving key core technologies in manufacturing and projects for the large-scale industrial application of manufacturing innovation outcomes, the Autonomous Region will provide support equivalent to a certain percentage of the fixed-asset investment, with a maximum of 50 million yuan per project. Support will be provided for the development of industrial internet and digital transformation ecosystems, and funding will be allocated to projects such as industrial internet platforms included in national-level pilot and demonstration programs.(Lead Agencies: Department of Industry and Information Technology, Department of Finance, Development and Reform Commission, and Department of Science and Technology of the Autonomous Region; Cooperating Agencies: Municipal People’s Governments)

III. Support for Major Industrial Project Construction

For major landmark manufacturing projects that play a significant leading and driving role in industrial development, the autonomous region’s central government will support the city where the project is located in establishing relevant industrial funds. Energy consumption quotas across the region will be coordinated to support the construction of major industrial projects. A working capital fund of over 2 billion yuan will be established for the preliminary work of industrial projects, to be used for land acquisition and demolition, supporting infrastructure construction, site preparation, and other preliminary tasks; fund disbursements will be executed in accordance with the centralized treasury payment system.(Lead Agencies: Department of Industry and Information Technology, Department of Finance, Development and Reform Commission, State-owned Assets Supervision and Administration Commission; Cooperating Agencies: Municipal People’s Governments)

IV. Strengthening Financial Support for Industrial Projects

The autonomous region’s central government will provide financing support to eligible “Double Hundred, Double New” industrial projects and “Thousand Enterprises Technological Transformation” projects. It will subsidize a certain percentage of interest on project construction loans for a term not exceeding three years, with a maximum financing subsidy of 100 million yuan per project. (Lead Agency: Department of Industry and Information Technology of the Autonomous Region; Cooperating Agencies: Office of the Financial Affairs Committee of the Autonomous Region Party Committee, Department of Finance of the Autonomous Region, and municipal people’s governments)

V. Supporting Industrial Enterprises in Increasing Production and Improving Efficiency

The autonomous region’s central government will allocate annual funds to support industrial enterprises in expanding production, reducing costs and improving efficiency, and accelerating the attainment of full production capacity for newly completed projects. We will strengthen guarantees for water, electricity, gas, land, labor, energy, and forest resources, and implement a policy extending the investment scope of water, electricity, and gas supply enterprises to the property boundary lines of users. We will continue to deepen power market reforms and expand the scale of industrial and commercial power market transactions.(Lead Agencies: Department of Industry and Information Technology of the Autonomous Region, Development and Reform Commission; Cooperating Agencies: Office of the Financial Affairs Committee of the Autonomous Region Party Committee, Department of Finance, Department of Natural Resources, Department of Human Resources and Social Security, Forestry Bureau, Guangxi Power Grid Company, and municipal people’s governments)

VI. Supporting Infrastructure Construction in Industrial Parks

Special industrial park bond funds will be allocated annually to support infrastructure construction in key industrial parks, with a particular focus on accelerating the improvement of infrastructure in the China-ASEAN Industrial Cooperation Zone. Based on the performance evaluation of key industrial parks, preferential support will be provided to those with outstanding performance.For infrastructure projects or sub-projects within industrial parks that support major industrial projects, support of up to 10 million yuan will be provided for each such project or sub-project. This support is calculated based on the total investment of the park’s infrastructure project or sub-project, provided that the new industrial investment and the new industrial output value of enterprises above designated size generated by the supported major industrial project are at least five times and ten times, respectively, the total investment of the infrastructure project or sub-project. This measure aims to resolve the “last-mile” issues in park infrastructure support.Support will be provided to localities for attracting high-quality projects through standard factory buildings constructed with state-owned capital. Based on the number of industrial enterprises above designated size established and the utilization rate of the factory buildings, a post-grant subsidy will be provided, amounting to no more than 10% of the calculated construction cost of the standard factory building project, with a maximum of 10 million yuan per project (projects or sub-projects that have already received funds from industrial park special bonds or performance-based subsidies for standard factory building utilization shall not receive duplicate benefits).(Lead Agencies: Autonomous Region Industrial Park Reform and Development Office, Department of Industry and Information Technology, Development and Reform Commission, Department of Finance; Cooperating Agencies: Municipal People’s Governments)

VII. Supporting the Tiered Development of Manufacturing Enterprises

Support the tiered development of manufacturing enterprises, including National Manufacturing Single-Champion Enterprises, “Specialized, Refined, Distinctive, and Innovative” (SED) “Little Giant” Enterprises, autonomous region-level chain-leading enterprises, leading enterprises, manufacturing single-champion enterprises, SED small and medium-sized enterprises, and strategic emerging industry enterprises.For encouraged industrial projects implemented by the aforementioned enterprises, support will be provided to include them, in accordance with procedures, in major projects coordinated at the autonomous region level, “Double Hundred, Double New” industrial projects, and projects funded by national funds. Land and forest use quotas will be coordinated and guaranteed at the autonomous region level, and support will be provided in areas such as project investment subsidies, project financing, and “intelligent transformation and digital upgrading”; encourage banking and financial institutions at all levels to increase financing support for enterprises’ working capital and project funds, and support enterprises in conducting supply chain finance operations;Industrial funds at all levels of government will intensify support for enterprise development. Energy and power supply guarantees for enterprises will be strengthened. Leading enterprises and industry leaders will be supported in attracting high-quality upstream and downstream enterprises to establish operations through outsourcing, market procurement, and investment cooperation, thereby increasing procurement volumes from small and medium-sized enterprises. A one-time reward of up to 1 million yuan will be granted to manufacturing “single-champion” enterprises and “specialized, refined, distinctive, and innovative” (“Little Giant”) enterprises newly recognized by the state.(Lead Agency: Department of Industry and Information Technology of the Autonomous Region; Cooperating Agencies: Office of the Financial Affairs Committee of the Autonomous Region Party Committee; Department of Finance, Development and Reform Commission, Department of Natural Resources, Forestry Bureau, and Office of Industrial Park Reform and Development of the Autonomous Region; People’s Bank of China Guangxi Zhuang Autonomous Region Branch; Guangxi Regulatory Bureau of the National Financial Supervisory Administration; Guangxi Power Grid Company; and municipal people’s governments)

VIII. Supporting Industrial Enterprises in Expanding Domestic and International Markets

Cultivate high-quality industrial products in Guangxi and identify a group of benchmark industrial enterprises that excel in expanding product varieties, improving product quality, and building brands. The autonomous region’s central government will allocate annual funds to support industrial enterprises in facilitating production-sales connections, participating in domestic and international exhibitions and trade fairs, engaging in economic and trade negotiations, promoting new products, and fostering brand development. Support industrial enterprises in expanding the scale of imports and exports, and strengthen international cooperation in standardization, including metrology, inspection and testing, and certification and accreditation.(Lead Agency: Department of Industry and Information Technology of the Autonomous Region; Cooperating Agencies: Department of Finance, Department of Commerce, and Market Regulation Bureau of the Autonomous Region; Municipal People’s Governments)

IX. Strengthening Policy Integration and Implementation

Comprehensively implement the Autonomous Region’s Opinions on Promoting Action Through Learning, Serving and Strengthening the Real Economy, and Driving High-Quality Development, as well as related policy measures, and fully implement relevant national and regional policies.Optimize policy implementation procedures, vigorously promote the “automatic eligibility” approach for business-friendly policies, improve the Guangxi Business and Public Welfare Policy Implementation Platform, publish more “automatic eligibility” policy lists, further simplify application materials, streamline application processes, shorten processing times, enhance implementation efficiency, and ensure that business-friendly policies reach enterprises directly and are enjoyed promptly.Establish a system of “real economy service officers” to ensure smooth channels for enterprises to voice their concerns, facilitate the coordination and resolution of enterprise issues, strengthen the publicity and implementation of business-friendly policies, and ensure the full delivery of such policies, adhering to the principle of “responding whenever needed and refraining from unnecessary interference.” (Lead Agencies: Department of Industry and Information Technology, Development and Reform Commission, Department of Finance, and Bureau of Big Data Development of the Autonomous Region; Cooperating Agencies: All relevant units and municipal people’s governments)

X. Strengthening the Assessment and Evaluation of Industrial Revitalization Efforts

Establish an evaluation system for advancing new industrialization. Each year, cities, counties (cities, districts) that demonstrate outstanding achievements in advancing new industrialization will be publicly commended and receive preferential support in terms of industrial development funds, industrial development factor indicators, and growth stabilization incentives. All departments at all levels must strengthen the tracking and evaluation of fund utilization, and fully consider the performance of fund usage when conducting investment promotion, formulating industrial policies, and evaluating work performance.(Lead Agency: Department of Industry and Information Technology of the Autonomous Region; Cooperating Agencies: Development and Reform Commission of the Autonomous Region, Department of Finance, Performance Management Office, and municipal people’s governments)

The Department of Industry and Information Technology of the Autonomous Region is responsible for interpreting these policy measures, which are effective from January 1, 2024, to December 31, 2026. Where existing policies and measures issued by the Autonomous Region conflict with these policy measures, the provisions of these policy measures shall prevail; benefits under similar policies shall not be duplicated.