In 2021, China is ramping up efforts to cut taxes and support the real economy.
Wuhan Economic & Technological Development Zone (WHDZ), a renowned auto production hub in China, is promised to give a support fund of 800 million yuan ($123.67 million) per year to encourage scientific and technological innovation among local enterprises.
Wuhan Economic & Technological Development Zone (WHDZ) in Wuhan, Central China's Hubei province, is to further boost the development of its financial sector using settlement rewards of up to 100 million yuan ($15.48 million).
China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors and contribute further to world economic recovery.
The Wuhan Economic & Technological Development Zone, or WHDZ – located in Wuhan, in Central China's Hubei province – released new policies designed to boost the recruitment of top medical staff, during a conference held on April 25.
In order to create a favorable business environment for local companies, the Wuhan government has launched 23 policies to spur market vitality.
The National Development and Reform Commission and the Ministry of Commerce released a revised industry catalog on Dec 28, 2020, that identifies more sectors encouraging foreign investment.
Wuhan Economic & Technological Development Zone (WHDZ) in Wuhan, Central China's Hubei province, has taken measures to optimize its business environment, launching an emergency fund service platform to provide short-term transitional financial support for small and micro-sized enterprises based in the zone.
