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What do you mean by special funds?
Special funds, that is, special expenditures set by the government in advance, are financial funds invested by the government for a certain purpose within a certain range. Special funds include national special funds, industry special funds and local special funds.

State-level special funds are funds earmarked by the state finance to support national development strategies, key projects and major scientific and technological projects.

Local special funds are funds specially used by local governments to support local economic construction and social development.

Industry special funds are special funds set up by industry associations or related enterprises and institutions to support industry technological innovation and development.

What are the uses of special funds?

1. Investment subsidies and incentive investment subsidies refer to the investment fund subsidies given by government departments to qualified enterprise investment projects and local government investment projects at the next lower level. The investment subsidy given by the government is generally not higher than 30% of the total investment. Reward is an incentive policy for enterprises with outstanding performance, outstanding performance and remarkable contribution to innovation by government departments, and the amount of reward depends on the specific situation.

2, used for loan interest subsidies and lending interest subsidies, refers to the government departments to meet the conditions, the use of long-term bank loans for investment projects to give loan interest subsidies.