Recently, Ministry of Science and Technology allocated a batch of subsidies for technological innovation projects in SME (small and medium-sized enterprises). A total of 13 Zhongshan-based projects have been granted a financial support worth 7.95 million yuan.

It is learned that starting from this year, Zhongshan Municipal Bureau of Science and Technology made it a top priority to transform and upgrade industrial structures. Revolving around promoting hi-tech or strategic new industries and upgrading traditional industries, the restructuring demands concerted efforts of the government, the research departments and the enterprises. As of Nov, the Municipal Bureau of Science and Technology has endeavored to apply for 500 national or provincial projects and succeeded in a funding of 16 million yuan for 53 projects.