Heilongjiang Unveils Comprehensive Full-Chain Innovation Policy for Provincial State-Owned Enterprises

According to People’s Network Heilongjiang Channel, Heilongjiang Provincial State-owned Assets Supervision and Administration Commission has collaborated with eleven provincial departments to issue formal guidance titled Measures for Improving and Perfecting Innovation Mechanisms of Provincial State-owned Enterprises. This marks the province’s first integrated, systematic special policy covering the entire innovation lifecycle of provincial state-owned enterprises, structured across seven chapters with twenty-four targeted clauses. The document aligns with the construction of a provincial modern industrial system and delivers systemic solutions to structural bottlenecks restricting corporate innovation.

The new framework replaces fragmented, scattered support schemes previously in place, establishing a complete institutional chain covering strategic positioning, capital investment, talent provision, technical research, commercialisation of research outputs, performance incentives and ecosystem safeguards. Multiple pioneering provisions have been introduced within the local state asset regulatory framework, delivering supportive benefits across every stage of corporate research and development cycles.

Mechanisms linking provincial state-owned enterprises to the regional innovation ecosystem have been instituted for the first time to streamline communication between government, industry, universities and research bodies. Provincial state-owned entities are encouraged to participate in high-level provincial science and technology planning, compile research project guidelines and take part in project evaluation panels. A research and development model centred on “enterprises setting technical challenges, research institutions delivering solutions, and the market assessing outcomes” is rolled out province-wide. Provincial state-owned enterprises are supported to lead joint industry-university-research platforms and release public tenders for core technical breakthroughs, accelerating the aggregation of diverse innovation resources towards state-owned operators and enabling these firms to evolve from passive innovation participants into organisers of cross-industry technological progress.

A multi-layered diversified investment framework has been designed to scale financial backing for research activities. Differentiated post-subsidy schemes apply to research expenditure: standard sectors qualify for maximum grants of 10 million yuan, while aerospace, advanced new materials and high-end equipment manufacturing receive a fifty per cent uplift, capped at 15 million yuan per project. State capital management budgets may inject equity funding equivalent to up to fifty per cent of total project costs for science and technology initiatives. Interest subsidies equivalent to 0.5 per cent of issuance volume are offered on technology corporate bonds, with a single enterprise subsidy ceiling of 10 million yuan. Parallel measures guide joint state and private capital to establish science and technology venture capital funds, generating sustained incentives for firms to raise internal research budgets.

Combined remuneration and platform incentives form a dual support system to attract and cultivate skilled technical personnel. Customised salary packages on individual negotiated terms are available for top-tier specialists in high-demand industrial fields. Construction grants are allocated to newly established postdoctoral innovation bases and research workstation facilities. Provincial state-owned enterprises meeting standards for major scientific innovation remuneration support receive additional wage budget allocations, alongside formalised career pathways including chief scientist and technical lead roles to unlock long-term progression routes for research practitioners.

Targeted incentives span the full pipeline of technical research and industrial translation to remove barriers for core technology breakthroughs and product commercialisation. Open tender and competitive research mechanisms are deployed to tackle critical technologies facing supply constraints. Newly built intermediate testing and maturation facilities certified at provincial level attract grants covering thirty per cent of construction costs, with a maximum payment of 10 million yuan. Enterprises purchasing patented research outputs from universities and research institutes secure subsidies equal to twenty per cent of actual transaction value, capped at two million yuan per single transfer. Financial rewards equivalent to fifty per cent of transaction value are issued for first-of-a-kind innovative equipment, subject to an annual enterprise reward limit of five million yuan, smoothing the transition of laboratory technologies into market-ready goods.

Revised performance assessment and risk tolerance provisions remove institutional barriers holding back corporate innovation. Detailed implementation rules permit tiered add-backs of research expenditure against recorded profits for evaluation purposes: full incremental research costs are reinstated for standard projects, while investment in national flagship research programmes and cutting-edge basic science attracts a multiplier of 1.5 to 2 times the original outlay, with these adjusted figures excluded from the subsequent year’s assessment baseline. A flexible performance adjustment system is introduced, allowing up to a twenty per cent downward revision of benchmark profit targets for firms that scale research spending amid market downturns or undertake key provincial innovation mandates. Detailed exemption clauses for innovative trial risks are embedded into the policy, operationalising established risk classification standards and eliminating institutional hesitation over long-term research investment.

Provisions within the policy also advance digital innovation support for the industrial transformation of state-owned assets. Subsidies offset enterprise spending on computing power, data sets and industrial large language models. Provincial digital workshops receive construction grants of up to two million yuan, while intelligent factory developments qualify for maximum support of ten million yuan. Digital production elements will continue to empower intelligent upgrading programmes across provincial state-owned enterprises, consolidating foundations for the cultivation of new quality productive forces throughout the region.