Beijing: Backs the Growth of Satellite, Rocket Manufacturing, Satellite Operations, and Grants Premium Subsidies to Commercial Space Insurance Firms in Line with Relevant Policies
19 hour ago / Read about 0 minute
Author:小编   

The General Office of the Beijing Municipal Government has unveiled the "Several Measures to Foster Steady Economic Growth in Beijing by 2026," with a strong emphasis on bolstering future-oriented industries. Departments including science and technology, economy, and informatization will allocate no less than 20% of their funds to these emerging sectors. Through the "appropriation-to-investment" policy support, the city aims to nurture over 100 "Innovating for the Future" enterprises. Concurrently, it will elevate the competitive edge and standards of high-profile events like the World Humanoid Robot Games to spur research, development, and application in the field. Furthermore, the measures encourage the expansion of commercial space ventures such as satellite and rocket manufacturing, as well as satellite operations. Insured enterprises will receive premium subsidies, and enhanced services will be provided for new product declarations within the synthetic biology manufacturing domain, aligning with the city's strategic vision for sustained economic growth.