Reasons to invest in China's strategic emerging industries

Businesses in seven new strategic industries can expect significant tax incentives and subsidies by the end of this year.

New financial measures (New Measures) are being formulated by the Ministry of Finance (Mof) and other regulators to support the development of the following new strategic industries: new energy, energy conservation and environmental protection industries, clean fuel vehicles, new materials, biomedical industry, high-end equipment manufacturing and information technology.