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Zhongshan Economic and Information Bureau has released detailed subsidy policies to support industrial companies, innovative companies and public service platforms to invest in technological improvement. For the technological upgrading projects of industrial companies, each project can get a subsidy up to 5 million yuan without any obligations and a favorable loan interest subsidy up to 15 million yuan. According to the policy, the technological upgrading projects of industrial companies refer to those included in the government list and the subsidy is phased in. The qualified companies may apply for it based on duration of the project, usually 2~3 years. The Companies can choose the modes of subsidy, namely investment subsidy, loan interest subsidy and other subsidy without any obligations. As released by Zhongshan Economic and Information Bureau, 1341 projects are included in the list.