Special Supplement: Priority given to processing trade SMEs

GUANGZHOU: The provincial government of Guangdong will budget 2 billion yuan in the next two years to help Hong Kong and Macao-funded SMEs across the province weather the difficult time.

At a recent conference on the province's SME development, Governor Huang Huahua said Guangdong will adopt a series of measures to help the processing trade - especially those funded by Hong Kong and Macao investors - expand their businesses.

"The annual budgets of 1 billion yuan for 2009 and 2010 will be used to subsidize processing trade enterprises in their efforts to upgrade and to relocate them in parks for industrial transformation," the governor said. "Hong Kong and Macao-funded enterprises will be given priority."