Famous brands boost Shenyang economy By Shangguan Zhoudong (China Daily) Updated: 2006-09-13 13:32 Products with famous brand
titles in Shenyang, capital of Northeast China's Liaoning Province, realized
3.64 billion yuan in sales and 1.52 billion yuan in profits, up six and 18.5
percent respectively from the same period last year, accounting for 17.9 and
38.9 percent of the industrial enterprises above designated size in Shenyang.
Shenyang's brand promotion stratagem speeded up optimizing its industrial
structures and product competitiveness and helped promote equipment
manufacturing industry, auto and auto parts, electronic information,
pharmaceutical and chemical, metallurgy, construction materials and light
industries.
A famous brand promotion committee consists of 21 communities and government
departments was established to promote famous brands.
Twenty brand-related experts and scholars from local universities and
research institutions also provided academic and technology supports to boost
local famous brands.
The government also formed a mechanism in fauour of cultivating famous
brands, it donated one million yuan, 100,000 yuan and 30,000 yuan to the
products which ranked in China Famous Brand, Liaoning Famouns Brand and Shenyang
Famous Brand lists.
Anonther favourable support policies are avaliable for famous brands such as
subsidies, patent protection, promoting Shenyang's famous brands development.
Shenyang set 30 China famous brands, 200 Liaoning famous brands and 300
Shenyang famous brands as its development goal during 11th Five-Year Program
(2006-2010).
The city has 11, 67 and 158 products with China Famous Brand, Liaoning Famous
Brand and Shenyang Famous Brand titles so far.
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