National innovation fund for Chongqing SMEs

A total of 161 small- and medium-sized enterprises (SMEs) in Chongqing, including Chongqing Bolun IT Limited and Chongqing Guanneng Technology Limited, will get a national innovation fund of 99.3 million yuan in 2012.

Up to now, a total of 590 million yuan has been allocated to 952 SMEs in Chongqing, greatly boosting the growth of local SMEs.

Deng Jun