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Anhui Allocates 2.5 Bln Yuan to Boost Manufacturing

Pub Date:17-09-25 09:56 Source:www.cnanhui.org

Anhui province has planned a fund of 2.5 billion yuan (US$378 million) this year in its bid to grow into a strong manufacturer, the provincial commission of economy and information technology said.

84 percent of the fund, or 2.1 billion yuan, are intended for nearly 2,600 manufacturing projects, ranging from high-end manufacturing to intelligent manufacturing, green manufacturing and service-oriented manufacturing.

Hefei, capital of the eastern Chinese province, together with Wuhu and Bengbu cities get 730 million yuan, about 30 percent of the total capital.

Enterprises in poverty-stricken counties and county-level cities enjoy the priority in receiving the fund, the commission said, adding that some 390 million yuan are earmarked for them.

Editor:Rita

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