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Zhejiang Introduces Methods to Evaluate Financial Special Incentive Policies

Reporters recently learned from Zhejiang Provincial Department of Finance that the Methods to Evaluate Financial Special Incentive Policies for Revitalizing the Real Economy (Transformation of Traditional Industries) in Zhejiang Province was officially released, in a bid to promote local creative transformation and upgrading of traditional industries, cultivate emerging industries, and provide referential and repeatable experience typically for the revitalization of the province's real economy.
The financial special incentive policies for the revitalization of the real economy (traditional industrial transformation) face to those strong industrial counties. With the optimum selection of 18 counties (cities, districts), the province will provide a special incentive fund of 100 million yuan for each of them every year from 2017 to 2019. And in doing so, a competitive mechanism is introduced in the allocation of funds.
 



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