Shenzhen encourages commercial and trade enterprises to apply new technologies such as blockchain to develop new retail projects

According to the Nanfang Daily News, the "Shenzhen Municipal Bureau of Commerce Industrial Development Special Funds Consumption Promotion Support Plan Operating Procedures" was issued a few days ago, which stipulated that the retail sales of commercial enterprises should increase 500,000 yuan for each 100 million yuan increase, and the single enterprise reward limit of 10 million yuan. Shenzhen encourages commercial and trade enterprises to apply new technologies such as the Internet, Internet of Things, big data, and blockchain to develop new retail projects, and provide funding for eligible markets and projects based on 20% of the actual investment.