Guilin builds 100 billion yuan in solar photovoltaic industry

Recently, Guilin City issued the "Decision on Accelerating the Development of a Thousand-Billion-Yuan Solar Photovoltaic Industry", focusing on the development of high-purity silicon, polysilicon and monocrystalline silicon wafers, solar cells and component packages, equipment accessories, and application products. By 2015, the city's solar photovoltaic industry will achieve a total sales revenue of more than 100 billion yuan.

Guilin will take the Xing'an Photovoltaic Industrial Park as its core, and Guilin Solar PV Industrial Belt supported by high-tech zones, Lingui, Lingchuan, Quanzhou, Pingle and other county-specific photovoltaic parks. By 2015, the city has implemented a total of more than 100 industrial projects, accumulatively completed a project investment of over 30 billion yuan, and cultivated 3 companies with an annual sales income of more than 10 billion yuan and 10 companies with a cost of more than 1 billion yuan. The entire city's solar photovoltaic industry will strive to achieve The total sales revenue is more than 100 billion yuan, and the comprehensive application scale of solar PV reaches 100MW.

Guilin City has clarified various preferential policies for various investment entities to invest in solar photovoltaic industry. All types of solar photovoltaic companies that invest in the city after enjoying the preferential policies of the country, 50% of the local retained tax revenue that is realized and turned over within 5 years will be used by the beneficiary financial incentive enterprises to expand investment and R&D. We will relax the restrictions on registered capital and encourage companies to use proprietary technology and intangible assets as their capital contribution. The maximum capital contribution can be relaxed to 70% of the total registered capital, and the registered capital of the joint-stock company can be allowed to be in place by stages. It also clarified various preferential policies in terms of land supply, technological innovation, talent introduction, and financing.

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