Huzhou Six Measures Support the Continuous Development of Wood Flooring Industry

Wood flooring industry is one of the six characteristics of Huzhou City, a key development and development of the industry. At present, the city has a total of more than 200 wooden floor companies, employing more than 60,000 people, with more than 200 wooden floor paint lines, more than 380 raw material processing lines. According to the Huzhou City wood floor industry revitalization and upgrading plan, by 2015, the city's wood floor production value will reach 40 billion yuan, an average annual increase of 23.6%; total exports of 580 million US dollars, an average annual increase of 30% or more.

Yesterday, it was learned from the Huzhou Finance and Local Taxation Bureau that Huzhou City has launched six measures to support the revitalization and upgrade of the wood flooring industry, including increasing financial incentives, implementing tax incentives, increasing financial support, vigorously supporting SMEs, and speeding up the construction of wood. Industrial Science and Technology Service Center, improve the flexible flow of talent. The wood floor originality technology developed by the company has great influence on the development of the regional industry and is expected to receive awards.

According to reports, Huzhou City establishes a 300-500 million yuan special fund for the development of wood flooring, and the district government will support a certain percentage of the total investment to support the wood floor industry R&D investment, brand creation, ** discount interest, information construction, and investment project subsidies.

Local financial support will be given to the enterprises that have been fostered in key areas. A reward of 500,000 yuan will be given to enterprises that have added national brand names or well-known trademarks at the national level, and 200,000 yuan will be awarded to enterprises that have added provincial brands or trademarks.

In respect of tax incentives, the input tax for newly purchased machinery and equipment of wood floor companies will be deducted in a timely manner, and tax refunds for exports of flooring products in the Catalogue of Export Tax Rebates for Commodities will be processed as soon as possible, and new technologies, new products and new technologies will be developed for wood flooring companies. The research and development expenses are allowed to be deducted when calculating the taxable income.

The existing special funds to support the development of SMEs will be tilted toward wood flooring companies; the original technology developed by SMEs will have a significant impact on the development of the regional industry, and the municipal and district governments will award them. Further increase the amount of funds to be put in place, and establish special funds for the development of wooden floors, adding no less than 1 billion yuan each year.

In addition, speed up the construction of wood science and innovation service centers and improve the flexible flow of talent. The Huzhou Municipal Government allocates 3 million yuan each year in the city’s science and technology funds, which is earmarked for the construction of wood science and innovation service centers. The district finances are supported at a ratio of 1:1 and provide technical services and test experiments for the enterprises through the Science and Innovation Service Center. Science and technology training, production, teaching and research cooperation and other services.

At the same time, it was learned that since the beginning of this year, the wooden flooring industry in Huzhou has been promoting the momentum of rapid development under the impetus of the “accelerated year of transformation and upgrading”. According to the latest statistics, from January to August, the output value of wooden floor enterprises above designated size was nearly 7.2 billion yuan, an increase of 24.5% year-on-year, exceeding the average annual growth rate of the wood floor industry revitalization and upgrading plan. It is expected that the annual production value of 11.5% will be realized. Increased by more than 25%.

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