2013 Cultural Industry Fund Sets Priorities: Eco-Friendly Printing Equipment Upgrades Backed
A notice from China's Ministry of Finance spells out what the 2013 special fund for cultural industry development will prioritize and how companies can apply. Enterprises are urged to raise the level of their technical equipment, with the purchase or retrofit of environmentally friendly printing equipment, the renewal and upgrading of warehousing and logistics equipment, and the construction of hardware and software technology platforms for key news websites all designated for priority support and managed as major projects.
Six directions shape the fund's support: continuing to advance reform of the cultural system by cultivating leading cultural enterprises, building a modern cultural industry system, connecting financial capital with cultural resources, driving innovation in cultural science and technology, developing cultural communication systems, and helping cultural enterprises "go global."
On financing, the notice encourages enterprises to make active use of loans from financial institutions while carrying out projects. Interest subsidies remain in place for general projects, and cultural industry projects financed at or below the benchmark interest rate of the relevant banks will be given priority consideration and placed under major project management. Equipment upgrading is stressed once again: eco-friendly printing equipment purchase or renovation, warehousing and logistics equipment renewal and upgrading, and software and hardware technology platforms for key news websites continue to receive priority support as major projects.
This article is reposted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-361895.html
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