TEDA Releases Program to Support High-Quality Development of Chemical New Materials Industry
On May 8, at the first parallel forum of the 7th World Intelligent Congress (WIC) - “Innovation China” Green Petrochemical Industry High Quality Development Forum, TEDA released a program to support the high quality development of chemical new materials industry in the region, which will focus on supporting chemical new materials enterprises from the industrial chain, pilotscale experiment, introduction of high-caliber talents and green low-carbon transformation.
According to the program, TEDA will pay more attention to provide financial support for projects of high-tech, high value-added, industrialization of scientific and technological achievements and green low-carbon transformation and upgrading. For the “chain master” enterprises, TEDA provides customized policy package, and give investment incentives in accordance with the project situation. A 3 billion yuan chemical new materials industry fund will be set up to encourage independent innovation, and give financial incentives to enterprises that establish R&D platforms; Comprehensive support including top talent incentives will be initiated for the introduction of high-end talent.
The petrochemical industry is a traditional pillar industry in Tianjin, and Tianjin has formed a spatial layout of petrochemical industry with Nangang Industrial Zone in TEDA as the main host. After ten years of development, more than 140 industrial projects have settled in Nangang Industrial Zone, with a cumulative investment of more than 180 billion RMB.
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