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  • Four Products of Yiwu Listed as the Excellent New Industrial Products of Zhejiang Province in 2018

  • Source:Yiwu · China Commodity Index Author:Yiwu · China Commodity Index 2019-05-06
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        Recently, Zhejiang Economic and Credit Department, together with Zhejiang Finance Department announced the 2018 List of Outstanding New Industrial Products (New Technologies) in Zhejiang, 166 excellent new industrial products (new technologies) were awarded, including 15 first-class awards, 46 second-class awards and 105 third-class awards. 4 products from Yiwu were awarded, including 1 second-class award and 3 third-class awards.
        In recent years, Yiwu has promulgated relevant supports and incentive policies for technological innovation of enterprises, through which key technological innovation projects and new industrial products completed by enterprises are subsidized, and the development and industrialization of new products and new technologies are accelerated. In 2018, 63 new industrial products were registered and 61 projects were accepted in Yiwu, and science and technology innovation funds amounted to RMB 5 million were paid as a result. In 2018, new products of industrial enterprises above designated size in Yiwu realized an output value of RMB 20.895 billion, with a year on year increase of 32.36%, the new products output value rate reached 38.38%, higher than the average level of the whole province.