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The General Office of the Guangdong Provincial People's Government has issued a directive, urging enterprises to pursue groundbreaking advancements in core technologies within the realms of reusable liquid rocket engines, next-generation low-cost satellites, pivotal payloads, and satellite communications. This directive prioritizes the inclusion of relevant projects in provincial and municipal science and technology plans for support. Furthermore, it advocates for enterprises to apply for national major science and technology initiatives, offering matching funds of up to 50% for eligible projects. Additionally, it implements a policy that allows for a 100% pre-tax additional deduction on enterprise R&D expenditures, thereby incentivizing increased R&D investments and fostering the high-quality development of the commercial aerospace industry.
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