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The center of Science and Technology Innovation in the Yangtze River Delta——Anhui

December 05 2018

Recently, Anhui Province made decision at the conference to promote the development of private economy, indicating that the Listed Science and Technology Innovation Enterprises will be given financial support. At the conference, Anhui launched 30 opinions to promote the development of the private economy, including the addition of the special funds for the the development of SMEs with 1 billion yuan; the reducation of tax and fees; the reducation of the difficulty in raising capital and so on.

This is the first province in the country to provide funds supporting for the Listed Science and Technology Innovation Enterprises. So the question is, in many powerful provinces on economically, why Anhui become the first province to reward?

For Anhui, the capital behind the encouragement of science and technology companies to go public is that Anhui is strengthening its technological innovation positioning.

As early as 2014, Anhui has been identified as part of the Yangtze River Delta urban agglomeration and participates in the integration of the Yangtze River Delta.

The Positioning of Anhui in the Development of the Yangtze River Delta:“As the technology innovation source for the Yangtze River Delta, focus on key industries such as information, energy, health and environment, and build a strategic and technological force that serves the whole region, focus on breaking through a number of core technologies and key technologies, and support high-quality innovation with high-energy platforms.”

And as the center of science and technology innovation in the Yangtze River Delta, in recent years, Anhui Province has also made great achievements in attracting foreign investment. In 2017, Anhui attracted foreign direct investment totaling $67.3 billion, with an average annual growth rate of 13%.

The well-known accounting firm KPMG also said that the foreign investment environment in Anhui Province is stable, fair, transparent and predictable. It has performed well in five aspects: industrial foundation, innovation-driven, openness to the outside world, government service and legal protection, and be accepted widely by enterprises.

As mentioned above, Anhui provides a strong guarantee for enterprises in terms of infrastructure, talents, and corporate services.