Summary
This is a machine-generated summary.
(1) The Shanghai Municipal Government has issued the "Shanghai City Special Fund for Promoting High-Quality Industrial Development (Provisional)" to drive the city's industrial transformation and upgrading, enhance the leading role of high-end industries, and accelerate the development of modern industrial systems. The fund aims to support the development of new types of production capacity and consolidate and improve the competitiveness of the real economy, providing a solid material and technological foundation for the construction of the "five centers".
(2) The fund is managed by the Shanghai Municipal Economic and Information Commission and the Shanghai Municipal Finance Bureau, with a budget allocated from the municipal government's budget. The fund will be used to support the development of high-quality industries in Shanghai, focusing on advanced manufacturing, modern services, and the integration of industry and information technology.
(3) The fund will be allocated to five main areas:
(4) 1. Technological breakthroughs in key industries, focusing on innovation along the industrial chain, tackling core technologies, and upgrading from point breakthroughs to chain innovation. 2. The integration of advanced manufacturing and modern services, promoting the development of industrial services, and driving the upgrade of industries through innovation products and demonstration applications. 3. Enhancing the high-end supply capacity of industries, promoting the transformation and upgrading of industries through innovation achievements, and accelerating the development of high-end, intelligent, and green industries. 4. Optimizing the ecological system of industries, promoting the construction of a new type of industrial innovation network, and supporting the development of open innovation platforms, infrastructure, and professional services. 5. Supporting other major industrial projects approved by the municipal government.
(5) The fund can be used in various ways, including subsidies, awards, government procurement, loan interest subsidies, insurance subsidies, and lease subsidies. The municipal government will conduct performance management and supervision to ensure the effective use of the fund.
(6) The Shanghai Municipal Economic and Information Commission and the Shanghai Municipal Finance Bureau will be responsible for the management and supervision of the fund, including performance evaluation, budget management, and budget adjustment. The fund will be subject to audit and supervision by the audit authority, and the municipal government will provide public information on the use of the fund and accept social supervision.
(7) The fund will be implemented from April 27, 2025, and will be valid until April 26, 2027. From October 27, 2024, to April 26, 2025, the provisions of this regulation will be implemented in a trial manner.