Beijing E-Town launched a project to enhance financial support for E-Town-based enterprises this May.
"Because there are trees to be felled in the land, I thought it would take a long time to complete the examination and approval, but the staff members work overtime and instruct us to quickly complete the tree felling and resubmit the materials.
"In the past three years, the company's annual R&D investment has reached 8 percent, but the annual increase in the deduction ratio of R&D expenses has strengthened our determination to concentrate on research," said Zhang Zhitao, general manager of Beijing Zhuoli Hanguang Instrument.
The first financing of intelligent and networked standard intersections was supported by the Bureau of Commerce and Finance of the Beijing Economic and Technological Development Area (BDA), ICBC Beijing Pilot Free Trade Zone Sub-branch cooperated with Beijing Yizhuang Digital Infrastructure Technological Development. The project seeks to promote the construction of high-level autonomous driving demonstration zones in Beijing.
The tower crane waves its giant arm, the construction vehicles shuttle back and forth and the mechanical equipment rumbles.
To meet the needs of enterprises in the Beijing Economic and Technological Development Area (BDA) during the pandemic, the BDA has unfurled a set of measures to support these companies.
To help enterprises tide over difficulties and resume production, the Beijing Economic and Technological Development Area (BDA) has recently comprehensively carried out rental reductions and exemptions for state-owned houses.
Last year, Beijing was selected as a national pilot city for business environment innovation.