In order to accelerate the industrial restructure and upgrade and promote the common development of the city and the industry as well as the healthy economic development of the industry, the municipal government has recently issued "Suggestions on Accelerating the Industrial Transformation and Upgrade and Strengthening the Industrial Support"
　　Fully Promote the Industrial Transformation and Upgrade
　　We should put into practice the plan of adjusting and rejuvenating the 100-billion-RMB industries, promote all kinds of production elements to gather in the important industries, fully elevate the fine chemical industry and food biomedicine industry to a new stage, and drive the advanced equipment manufacturing industry and advanced material industry to stride to the rank of 100-billion RMB industries. We should also make breakthroughs in developing the electronic and information industry and strategic emerging industries, forming an industrial chain in which these industries can coordinate and fit with each other. The major industrial development funds should be arranged with an overall perspective. A special fund of over 200 million RMB yuan should be designated to each 100-billion-RMB industry, electronic and information industry and strategic emerging industries. The funds should be used in supporting industrial development and constructing major industrial projects according to the funds utilization rules set up by the industries.
　　Strengthen the Medium-sized and Small-sized Companies
　　We should facilitate the development of the medium-sized and small-sized companies, and reward 20,000 RMB yuan to each new company devoted to the industries of fine chemical, biomedicine, advanced equipment manufacturing and advanced material. And the new companies devoted to other industries should be rewarded with 10,000 RMB yuan. A special subsidy of 20 million RMB yuan should be set for the service system of medium-sized and small-sized companies, supporting the risk compensation of financing guarantee, entrepreneurship incubation, stock reform, training for talents, public service platform construction, agriculture production processing and city industrial park.
　　Leading enterprises to develop in a green way
　　The Guiding Catalogue for Industrial Restructuring will be established, in order to strengthen the catalogue management of the new as well as extended projects and actively promote clean production. In addition, economic and legal means should be adopted to reduce and eliminate obsolete production capacity. The government will respectively provide subsidies according to 50% and 10% of the national and provincial standards of rewards for the enterprises included in the national and provincial catalogue of obsolete enterprises and the projects included in the national and provincial clean production projects and major projects of energy management which have obvious energy saving as well as big leading effect.
　　Encouraging the county-level cities to make more economic progress
　　To vigorously develop the county-level economy, the government will provide 50% matching subsidies, based on the degree of industrial linkage and integration, for the industrial clusters which have gained the major support from the province. To encourage the county-level cities to make more progress on economy, the government will respectively give 0.2 million yuan and 0.5 million yuan to the enterprises which win the award “Hubei Advanced County-level Enterprises" and the enterprises which not only win the award but also stay the same or rank higher than last year. Yidu, Zhijiang and Dangyang are encouraged to strive to be one of the national top hundred county-level cities, and will be given 5 million yuan as rewards to the cities who firstly rank in those top hundred.
　　Supporting enterprises to accelerate technological innovation
　　A special fund will be established mainly for supporting the technological innovation of enterprises and development of high-tech industries and encouraging enterprises to be the leader or participant of setting the national and industrial standards. For the technical projects with more than 500 million yuan of the investment made by the small and medium-sized enterprises, the government will provide subsidies according to 10% of the interest of their actual amount of investment for key equipment if their newly purchased key equipment is of advanced level, but the maximum amount of subsidies provided for each project is no more than 1 million yuan.
　　Promoting the integration of informatization and industrialization
　　The application of information technology in all aspects of the enterprises should be strengthened. For the national and provincial pilot enterprises of integration of informatization and industrialization, the government will respectively give 1 million yuan and 0.1 million yuan in subsidies. To encourage county-level cities to build platforms for promoting the development of information service industry, the government will give 1 million yuan in subsidies to the enterprises that have established software parks and the supporting policies as well.
　　Supporting small and medium-sized enterprises in increasing production and efficiency
　　A 200-million-yuan special production fund will be established to ease the shortage of working capital of small and medium-sized enterprises. For the small and medium-sized enterprises above scale whose main business revenue or tax rose by 20% than the previous year, the government will give 3 million to 10 million yuan working capital to the enterprises according to the principle of competitive allocation.
　　Promoting the development of provincial and national enterprises in Yichang
　　The cooperation with provincial and national enterprises in Yichang should be strengthened, supporting them to extend their scale and industrial chain to be bigger and stronger relying on their group advantages. Their new projects will enjoy preferential policies of investment. For the technology projects of the provincial and national enterprises whose new advanced equipment investment is above 10 million yuan, the government will provide subsides according to 10% of the actual amount of investment, but the maximum amount of subsides provided for each project is not more than 2 million yuan.