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NEWS

2021.03.17
Cedar made the Guangdong Key Enterprises With Policy Incentives Catalogue

Recently, Cedar Holdings was listed on the Guangdong Key Enterprises With Policy Incentives Catalogue 2020-2021.




Published by Department of Industry and Information Technology of Guangdong Province, the catalogue is an important part of Guangdong’s efforts to achieve quality economic growth. As suggested by the selection criteria, companies need to register at least RMB 10 billion in annual turnover, contribute significantly to the local government tax revenue, and lead in innovation, corporate management and quality control among its peers in order to enter the catalogue. Those selected will be entitled to policy support and customized assistance to address challenges in production and operation.


As a Guangzhou-based private enterprise listed on Fortune Global 500, Cedar Holdings is going all out for strategic transformation and steady growth. Throughout 2020, Cedar Holdings has focused on commodities and leverage its full-fledged global supply chain to ensure the safety of its supply chain and industrial chain, promoting dual circulation at home and abroad. To pursue self-reliance on technology, Cedar has strengthened international cooperation on key technology and filled gaps of China’s chemical sector with several newly-built facilities going into operation. In the following year, Cedar will reinforce its core competitiveness with commodities and technology as dual drivers and respond to strategic needs of new development pattern in the commodities sector. In doing so, Cedar could contribute to steady raw materials supply and smooth trade flow for China’s manufacturing sector.



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