Caixian News Agency, June 15, after nearly a year of undercover investigation, a recessive group is swindling state subsidies in a number of provinces and cities in the name of "attracting investment." the areas they "target" are mainly concentrated in inland remote counties that are in urgent need of attracting investment and development. They bought machine tools with an ex-factory price of less than 30,000 yuan from some workshop factories in Zhejiang, put on huge rice gold shells, and affixed the trademarks of imported brands such as Mazak Yamazaki of Japan and Demaji of Germany, and became high-end imported equipment with a price of 1 million yuan. In addition to being highly similar to imported machine tools in appearance, the internal entities of these machines are very small, can start but with low precision, and can hardly produce competitive products. the function of these machine tools is to apply for millions of yuan of equipment subsidies from government departments at the price of imported equipment. After being invited to some counties, a machine can subsidize 20%. Two or three years later, it went bankrupt on the grounds of poor management. There are more than a thousand such machine tools only in Shiyan, Hubei Province. (thepaper.cn)