SHANGHAI: A detailed development plan and a set of 20 supportive policies have been released on Wednesday to facilitate the expansion of the sea cruise industry in Shanghai’s Waigaoqiao area amid the city’s efforts to advance high-quality development of the manufacturing sector.
By 2025, a world-class comprehensive cruise production and assembly base should be initially shaped in Waigaoqiao in Shanghai’s Pudong New Area, said the industry development plan.
The base should be able to explore the cruise market all over China and even across the Asia-Pacific region so it can forge a globally influential cruise industry cluster, the plan stated.Waigaoqiao should feature a globally significant cruise industry cluster with an accompanying complete supportive system, high-end manufacturing and various consumption resources by 2035, itsaid.
A total of 20 policies were released on Wednesday to achieve the above goals.
Qualified high-tech cruise companies or research institutions will be granted between 250,000 yuan (RM161,127) and five million yuan (RM3.2mil) in one-time subsidies by the local government.
A maximum 20 million yuan (RM13mil) in bonuses will be provided to qualified cruise technology renovation projects upon completion.
Equipment subsidies and tax exemptions from technology transfers are included in the newly released policies.
“The plan is aimed at building an advanced cruise manufacturing industry in Waigaoqiao, which combines production, assembly, maintenance, design and research,” said Li Hui, head of the Pudong technology and economic committee.
A total of 20 cruise projects were launched in Waigaoqiao via a signing ceremony on Wednesday, covering manufacturing, interior design, production and other segments throughout the cruise industry chain.
Shanghai-based marine service provider RMS Group, Changzhou-based manufacturing conglomerate KTK Holding and Japan’s Endo Lighting Corp signed cooperation agreements on Wednesday. — China Daily/ANN