On September 27, the General Office of the People's Government of Sichuan Province issued “Certain Policies and Measures to Promote Continued Economic Recovery and Improvement”. Among them, it is mentioned that incentives for production growth in construction enterprises will be implemented. From October 1, 2024 to March 31, 2025, the provincial finance gave incentives of 500,000 yuan and 1 million yuan to construction enterprises with a production scale of 10 billion yuan or more in 2024 and a production scale of 10% to 20% or more over the same period of the previous year, respectively; for construction enterprises with an annual production scale of 2 billion yuan to 10 billion yuan and a production scale of 15% to 25% and 25% or more over the same period of the previous year, the provincial finance gave incentives of 500,000 yuan and 1 million yuan respectively. All regions are encouraged to adapt to local conditions to formulate policies and measures to support the steady and healthy development of the real estate market, and provincial finance will provide certain subsidies for additional housing purchase incentives and personal housing loan interest rate discount policies that meet the regulations during resettlement work such as collective land expropriation, flash flood geological disaster safe haven relocation, and urban village renovation during the period from September 11, 2024 to December 31, 2025.

Zhitongcaijing · 09/29 11:25
On September 27, the General Office of the People's Government of Sichuan Province issued “Certain Policies and Measures to Promote Continued Economic Recovery and Improvement”. Among them, it is mentioned that incentives for production growth in construction enterprises will be implemented. From October 1, 2024 to March 31, 2025, the provincial finance gave incentives of 500,000 yuan and 1 million yuan to construction enterprises with a production scale of 10 billion yuan or more in 2024 and a production scale of 10% to 20% or more over the same period of the previous year, respectively; for construction enterprises with an annual production scale of 2 billion yuan to 10 billion yuan and a production scale of 15% to 25% and 25% or more over the same period of the previous year, the provincial finance gave incentives of 500,000 yuan and 1 million yuan respectively. All regions are encouraged to adapt to local conditions to formulate policies and measures to support the steady and healthy development of the real estate market, and provincial finance will provide certain subsidies for additional housing purchase incentives and personal housing loan interest rate discount policies that meet the regulations during resettlement work such as collective land expropriation, flash flood geological disaster safe haven relocation, and urban village renovation during the period from September 11, 2024 to December 31, 2025.