The Zhongshan Bureau of Industry and Information Technology is soliciting opinions on how to further promoting the growth of small and micro industrial enterprises to reach above designated size and plans to continue to support the expansion of small and micro industrial enterprises.

According to the recently published exposure draft, Zhongshan will provide 100,000 yuan for each industrial enterprise that has scaled up its size from March 2021 to February 2022, stayed in the statistical online direct reporting database for two consecutive years, and not enjoyed other rewards for rapid growth.

Previously, Zhongshan has awarded one hundred thousand yuan to each industrial enterprise surpassing designated size between 2019 and 2020. This policy greatly stimulates enterprises' development. During the three years from 2019 to 2021, a total of 2,371 industrial enterprises grew to surpass designated size.