Our city enjoys the tax policy of the Western Development, which reduces the corporate income tax rate by 15% for enterprises that meet the policy. This allows enterprises to invest more funds in research and innovation. After years of technological research and development, we have obtained 24 authorizations, "said Cai Baogui, the head of Jiangxi Jinli Permanent Magnet Technology Co., Ltd. recently. Since 2012, Jinli Permanent Magnet has enjoyed a reduction of more than 65 million yuan in corporate income tax under the Western Development Policy, and has actually enjoyed a deduction of 130 million yuan for research and development expenses, effectively ensuring the investment in new technology research and development. The company's net profit in 2018 reached 147 million yuan, doubling from 2016.

The implementation of the western development tax policy in Ganzhou City is an important policy in the "Several Opinions of the State Council on Supporting the Revitalization and Development of Former Central Soviet Areas such as Gannan". Since the promulgation and implementation of the "Several Opinions" seven years ago, our city's tax department has conscientiously implemented the tax policy for the Western Development, reducing or exempting a total of 3.901 billion yuan in taxes for 2288 enterprises, highlighting the policy gap in Ganzhou and effectively promoting the innovation and upgrading of characteristic industries such as rare earth and tungsten in Ganzhou. It has also accelerated the upgrading and development of key industries such as manufacturing, modern services, finance, and power.

Taking full advantage of the good opportunities brought by the implementation of the financial and tax policies for the Western Development, Ganzhou City vigorously focuses on industry, cultivates and strengthens characteristic advantageous industrial clusters, and continuously enhances its own hematopoietic function. In 2018, the total number of industrial enterprises above designated size in the city was 1890, an increase of 1109 compared to 2011, ranking first in the province in terms of both total number and increase. The main business income of rare earth, tungsten, and furniture industry clusters exceeded 100 billion yuan, and Ganzhou City was approved to create a pilot demonstration city for "Made in China 2025".

The construction of the "Two Cities, Two Valleys, and One Belt" initiative, including the New Energy Vehicle Technology City, Modern Home Furnishing City, China Rare Gold Valley, Qingfeng Medicine Valley, and the Gan Yue Electronic Information Industry Belt, as well as the acceleration of the textile and clothing industry cluster, has been accelerated. The New Energy Vehicle Technology City has introduced 23 complete vehicle production and supporting projects such as China National Machinery Industry Corporation and Shandong Kaima, and has already built complete vehicle production lines; Modern Home Building has become a domestic furniture manufacturing cloud platform - Kangju Network, Home Town, and Provincial Furniture Design Center. Ganzhou Furniture Base has been approved as a demonstration base for national and foreign trade transformation and upgrading. "Nankang Furniture" has become a national industrial collective trademark named after county-level divisions, and its brand value has been ranked first in the province's manufacturing industry; China Rare Gold Valley has introduced 8 research institutions, including the Haixi Research Institute of the Chinese Academy of Sciences; The Qingfeng Pharmaceutical Technology Center of Qingfeng Pharmaceutical Valley has been approved as a national enterprise technology center; The Gan Yue Electronic Information Industry Belt has introduced 40 new investment projects worth over 1 billion yuan. At present, there are 501 high-tech enterprises in the city, doubling for two consecutive years. Seven "national level" scientific research platforms, including the National Ionic Rare Earth Engineering Technology Research Center, have settled in Ganzhou. The added value of high-tech industries in the city accounts for 36.23% of the added value of large-scale industries, and the contribution rate of scientific and technological progress has reached 58%. (Reporter Yang Xiao'an, Huang Xuli)