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Measures to support agricultural product enterprise development

Jinan government released 10 measures to support the development of the city's agricultural product enterprises in terms of foreign trade, production, and finance.

Their involvement in the cross-border e-commerce industry is highly encouraged. Enterprises in the field can enjoy support funds of up to 1 million yuan ($150,000) and 200,000 yuan respectively.

The proportion of support for expenses incurred by setting up or leasing overseas warehouses will be increased to 80 percent.

Leading agricultural product enterprises are encouraged to participate in overseas exhibitions. For enterprises participating in the RCEP (Regional Comprehensive Economic Partnership) regional exhibition, each booth can be subsidized up to 30,000 yuan.

Leading agricultural products enterprises are encouraged to use international third-party service platforms to find customers and expand their international markets. For the resulting service charges, enterprises can gain support with up to 35,000 yuan for each platform.

Jinan's districts and counties are encouraged to expand the scale of production bases for agricultural products. The local government is striving to establish and improve the modern agricultural development model integrating overseas market development, agricultural products planting, processing, and sales through the purchase order mechanism.

More efforts will be made to support Laiwu district to hold the green onion, ginger and garlic industrial park expo to enhance the reputation of the industry.

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