Lan Fuan: Coordinate tax incentives, government procurement, investment funds and other tools to cultivate and expand emerging industries and future industries
2025-03-23 12:40:53

Minister of Finance Lan Fuan said at the "China Development Forum 2025 Annual Meeting" that we should accelerate the cultivation and development of new quality productivity. The central government will strengthen support for education, science and technology, and talents, promote the deep integration of scientific and technological innovation and industrial innovation, continue to increase fiscal investment in science and technology, improve the funding allocation and management review mechanism, and fully support the key core technology research. We will coordinate the use of tax incentives, government procurement, investment funds and other policy tools to promote the "artificial intelligence +" action, cultivate and expand emerging industries and future industries, and upgrade and transform traditional industries. Enterprises are the main body of innovation and entrepreneurship, and we will improve various policies to benefit and assist enterprises, implement policies and measures to promote the development of the private economy, and help enterprises solve practical difficulties and better innovate and develop.
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