Jiangxi Setup 2.25 Million Yuan Fund to Help Enterprises Open Stores Overseas
Source: CNTEX Date: 2009-06-15
To support the textile and garment enterprises to explore overseas markets and establish their brands, Jiangxi Provincial Government recently set up a special fund to help enterprises construct industry parks, open sales stores and R&D centers in overseas.
The beneficiary of the 2.25 million fund should be one who establishs three (at least) branches in two (at least) countries and regions. The other details include: 50% subsidy for the store rent (no more than 150,000 yuan); 50% subsidy for the storehouse rent, logistics and software expense (no than more 200,000 yuan); 50% subsidy for the R&D center rent, design fee and information consulting (no more than 200,000 yuan).
