It is learned from the Municipal Government Office that, in order to optimize and upgrade the industrial structure, Yichang will set up special funds of more than 200 million yuan respectively for each hundred billion industry, electronic information and strategic emerging industry to support their development and major industrial projects.

　　It is introduced that, Yichang will carry out hundred billion industrial restructuring implementation plan to promote various production factors focus to key industries, upgrade fine chemical engineering and food bio-pharmaceutical to a new level, promote advanced equipment manufacturing and new materials into hundred billion industry ranks. Meanwhile, Yichang will also develop the electronic information and strategic emerging industries to accelerate the construction of industrial parks and form collaborative industrial chains.

　　In order to support small and medium enterprises, a reward of 20,000 yuan will be given to each enterprise of a certain scale in terms of fine chemical engineering, food bio-pharmaceutical, advanced equipment manufacturing, new materials industries and strategic emerging industries. A reward of 10,000 yuan will be given to each enterprise of a certain scale of other industries. A special fund of 20 million yuan will be established to support financing guarantee risk compensation, business incubation, joint-stock reform, personnel training, public service platform construction, agriculture products processing, urban industrial parks, etc.

　　For those small and medium sized enterprises, whose technical upgrading projects investment is above 5 million yuan, or key equipment purchase is at domestic or international advanced level, 10% of the actual amount of investment will be granted as loan with discounted interest in the same year, but the grant of a single project is not more than 1 million yuan.

　　A dispatching capital of 200 million yuan will be established for small and medium sized enterprises in order to mitigate their problems of liquidity shortage. For those small and medium enterprises whose annual main business income increase or revenue increase is above 20%, a liquidity support from 3 million to 10 million yuan will be given according to principle of competitive allocation.

　　Meanwhile, the county-level enterprises are also encouraged. For those county industrial clusters which are under provincial support, a 50% grant will be given according to their industrial linkage and integration. For each county enterprise who is able to rank “The Advanced County Unit of Hubei Province” and also succeed in keeping its rank, a reward of 500,000 yuan will be given. For each county enterprise that succeeds in ranking “The Advanced County Unit of Hubei Province”, a reward of 200,000 yuan will be given. Three Counties, including Yidu, Zhijiang and Dangyang are encouraged to rank Top 100 Counties in China. 5 million yuan will be rewarded to those county enterprises that succeed in ranking Top 100 Counties for the first time.

　　(Reporter Pei Shujing, correspondent Tang Zhiyun)