Advanced Manufacturing dominated Guangdong’s industrial sector
2014-February-11 Source:
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Guangdong Economic and Informationlization Commission announced that last year intelligent manufacturing and “Internet of Things”, led the transformation and upgrade of the province’s industry.

Advanced manufacturing produced 48 percent of the total value added of the province’s above-scale industries. Modern Service contributed 57.8 percent of the value added of the province’s service sector.

The Commission emphasized the usage of CAD software and information system in enterprises’ R&D and management. For example, over 90 percent of motor enterprises use 2-D CAD in motor designing.

The commission last year reduced local small and micro enterprises’ business tax and value added tax, the volume added up to 100 million RMB. It also offer guarantee to SMEs in their financing.

Editor: Olivia
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