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Location: Home » Know » Laws and Regulations » Text

Ordered a halt to government subsidies

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A ripple, causing a chain reaction that also has introduced a similar subsidy policy, local governments are in the need for follow-up observation.

March 4, Yangzhou Municipal Bureau of Finance internal to the correspondents said, subsidies for MOCVD equipment does not continue indefinitely, but the time is still stopped to discuss them.

Reporters then read the August 2009 Yangzhou Municipal Government issued the Regulations on MOCVD subsidies found in the annex of the document clearly says "this way since the release date of execution, validity is tentatively scheduled for two years." Is said, in July 2011 deadline would have on the plan. Yangzhou Municipal Government in accordance with the first phase of the original amount of 2.5 billion yuan subsidy fund to subsidize 10 million yuan on average each MOCVD calculation, the extra funds the corresponding number was about 250 MOCVD units, as of March 2011, Yangzhou government foreign public investment agreement has been signed by MOCVD number of 198 units, there are 52 units away from the target.

Yangzhou Economic Development Zone, Lian-Sheng Zhang, deputy director revealed to the media, before the registration deadline as long as the floor, even if the equipment procurement plan after that, you can still enjoy the preferential policies.


Clearly, the previous remarks Yangzhou how much the government stakeholders revealed some "overtones." An industry which is revealed the mystery: "In the investment thinking, to consider the issue of local government perspective, of course not the same individual the government's statements mean that this year will usher in the first half of the layout of a wave of new wave. "

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