The high-rise vertical factory at Pingshan New Energy Vehicle Industry Park Phase 1, which passed the construction acceptance review earlier this year. The project is China's first smart prefabricated high-rise vertical factory complex. It consists of six buildings, with the highest R&D building reaching 151.6 meters and the highest factory building reaching 91.4 meters. Vertical factories integrate production, research and development, and design into a multi-level building. Liu Yujie
Shenzhen unveiled a set of measures Tuesday to reduce operational costs for manufacturing companies and enhance their competitiveness.
The measures consist of 20 initiatives in land, labor, financing, energy, warehousing and logistics, and enterprise services, scheduled to take effect from Jan. 1, 2024.
To address property rental costs, the measures include provisions for offering low-cost industrial spaces to emerging enterprises, particularly those suited for high-rise buildings. This initiative is designed to facilitate customized short-run production, research and development, and the manufacturing of lightweight materials. The measures also promote the use of smart devices to replace manual labor, reducing personnel costs.
The city is committed to supporting companies to establish intelligent manufacturing facilities by deploying smart manufacturing devices, such as high-end numerical control machines, industrial robots, and smart sensors and controls. Traditional manufacturing enterprises are encouraged to embrace digital transformation and will be eligible for certain subsidies.
To reduce energy costs, Shenzhen plans to assist medium, small, and micro-sized enterprises with 10 kilovolt and below to get access to external power systems, facilitating the use of higher voltage so that the enterprises will not have to build high-voltage power supply. It will also encourage industrial and commercial parks to implement energy storage and engage in virtual power plants to optimize power consumption during off-peak hours.
In addition to expanding loans for manufacturing enterprises, lowering their financing costs is another effective strategy. The measures propose financing support for small and medium-sized enterprises, offering guarantee enhancement services. The city will encourage manufacturing enterprises to issue bonds and those successfully issuing bonds at home and abroad after Jan. 1, 2024 will receive subsidies of up to 500,000 yuan (US$69,860), equivalent to 2% of the amount raised.
To mitigate warehousing and logistics costs, the city will enhance the its air freight service capabilities, encourage airlines to open new routes or increase the frequency of strategic international freight routes needed by local industries and enterprises going global, and provide a subsidy of up to 250,000 yuan per flight and a maximum of 55 million yuan per route per year.