Liangjiang New Area in Southwest China's Chongqing municipality launched several policies on June 17 to boost industrial high-quality development and 12 policies to attract industrial investment.

The policies are meant to attract industrial resources and encourage sci-tech innovation, the establishment of public service platforms, and the development of high-quality brands. They also encourage companies to be listed on the market and boost the development of the export-oriented economy.

The 12 investment attraction policies will support the development of strategic emerging industries such as new energy and intelligent connected vehicles, displays, aerospace, and new materials.

They will also attract investment for industries involved in satellite internet, industrial internet, life science, modern finance, international consumption, and exhibitions.

Newly-introduced new energy and intelligent connected vehicle projects will receive up to 300 million yuan ($44.88 million) in fixed-asset investment.

Financial support for newly-introduced aerospace infrastructure projects can be as high as 100 million yuan, and that for newly-introduced high-end R&D institutes as high as 70 million yuan.

To support the development of emerging industries and attract talent, Liangjiang will offer relocation allowances of 10,000 yuan, 20,000 yuan and 100,000 yuan for people with certified bachelor's, master's and doctoral degrees.

The policies will also support companies' registration, R&D, innovation, listing, and green and intelligent transformation.