Date: 2013-07-31

Fujian Province Intends to Select Longxi Bearing (Group) Corporation as Strategic Emerging Industry Backbone Enterprise

It was learned that Fujian Longxi Bearing (Group) Corporation became the potential Strategic Emerging Industry Backbone Enterprise which is identified by the Fujian Provincial Economic and Trade Commission.


The selected enterprises will get priority support in the aspects of provincial strategic emerging industry special funds, provincial enterprise technology innovation special funds and provincial technological transformation special funds. Fujian province will firstly select a batch of key projects from the list and recommend them to the relevant state ministries, fighting for the support of the national major projects, itensified programs, and special funds. Meanwhile, it will encourage the various equity investment of strategic emerging industry venture capital investments for the backbone enterprises, offering related support and service for corporate financing.

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