ANNOUNCED AS TEMPORARYNo
On the 9th of January 2017, the Henan Provincial Government officially announced its local version of the PRC Ministry of Industry and Information Technology's Five-Year Plan to integrate technology and industry.
The announcement foresees various measure to facilitate financial access of the industry. To improve the financing conditions, the province seeks to engage in public-private-partnership as well as the use of subsidies for capital expenditures or interest rates. A further mentioned instrument are loan guarantees.
To promote further R & D in the industry, the provincial government seeks to accelerate the implementation of R & D costs reimbursement and other incentives.
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