In 2026, Sichuan's equipment update single project will have a maximum reward of up to 20 million RMB, with the fastest "payment" within 6 working days.

date
12/02/2026
In 2026, Sichuan will provide greater support for equipment updates in the industrial sector, covering a wider range and providing more service guarantees. The maximum support amount for a single project will be increased to 20 million yuan. At the same time, "technology upgrade loans" and "equipment update loans" with low thresholds, fast approval, and low interest rates will be promoted, and greater interest support will be provided to enterprises for loans. This was announced at a press conference held by the Sichuan Development and Reform Commission on February 12th.