NDRC: will further reduce the investment threshold for declared projects and increase support for small and medium-sized enterprises

Wang Shancheng, Director of the Department of Resource Conservation and Environmental Protection of the National Development and Reform Commission, stated that in order to further improve the efficiency of fund utilization and expand the benefits of policy stimulation, relevant departments will further lower the investment threshold for declared projects, increase support for small and medium-sized enterprises, and expand the coverage of policies. At the same time, strict measures will be taken to refine and improve the project conditions and review standards in various areas, improve the quality of project review, standardize equipment depreciation and elimination, and avoid resource waste.