Issuance of the Catalogue of Industries for Guiding Foreign Investment (2019)

07 06, 2020

National Development and Reform Commission of the People's Republic of ChinaMinistry of Commerce of the People's Republic of ChinaOrderNo.27The Catalogue of Industries for Guiding Foreign Investment (2019), as approved by the CPC Central Committee and the State Council, is hereby issued, with effect from July 30, 2019. The Catalogue of Industries for Guiding Foreign Investment (2017) and the Catalogue of Priority Industries for Foreign Investment in Central and Western China (2017 Revision) issued by the National Development and Reform Commission and the Ministry of Commerce respectively on June 28, 2017, and February 17, 2017, shall be repealed concurrently.Director of the National Development and Reform Commission: He LifengMinister of Commerce: Zhong ShanJune 30, 2019(For detailed information, please refer to the PDF version of this document in the attachment.)

Several Policies and Measures of Further Expanding and Improving the Utilization of Foreign Capital (Revised)

07 06, 2020

For the purpose of carrying out the relevant opinions, notices issued by the CPC Central Committee, State Council, the People's Government of Guangdong Province, and vigorously implementing China’s opening-up policy, promoting a new round of high-level opening-up, further relaxing the market access of foreign investments, expanding and improving the utilization of foreign capital in Shenzhen city, the following policies and measures are formulated.1. To Lower the Market Access of Foreign Investments(1) To Intensify the Efforts on the Opening-up of Service Industry.(2) To Encourage Foreign Investments on Manufacturing.(3) To Deepen Shenzhen-Hong Kong Cooperation under the Framework of CEPA.(4) To Guide the Participation in Infrastructure Construction.2. To Precisely Expand Investment Cooperation(5) To Establish a Precise Investment Attraction Dovetailing Mechanism.(6) To Vigorously Promote Various Types of Headquarters Projects.(7) To Highlight the Emerging Industries in Attracting Investment.(8) To Set up Project Libraries in a Scientific Way.3. To Enhance Financial Support and Ensure Land Use Supply(9) To Reward foreign-funded new projects.(10) To Encourage Capital Increase and Production Expansion.(11) To Attract Foreign-funded Headquarters Enterprises.(12) To Guarantees Land Use Supply for Foreign-funded Manufacturing Projects.(13) To support foreign-funded enterprises to carry out renovation of old towns, old factories and old villages.(14) To Guarantee Land Use and Housing Supply for Enterprise Headquarters.(15) To Guarantee Land Use Quotas for Key Foreign-funded Projects.(16) To scale down Land Use Costs for Foreign-invested Projects.(17) To Encourage Foreign-invested Projects to Adopt Flexible Period of Land Transfer.(18) To Support Foreign-funded Projects to Use Leasehold Land.4. To Push Forward Quality Development of Foreign Capitals(19) To Support the Establishment of Foreign-invested R&D Institutions.(20) To optimize the investment environment for innovation and R&D for foreign capitals.(21) To promote the industrialization of R&D achievements by foreign-invested institutes.(22) To provide more convenient financing channels.(23) To Innovate on Financial Management and Service.5. To Provide an Excellent Business Environment(24) To Allow Foreign-funded Enterprises to Enjoy the Same Industrial Support Measures that Their Domestic Counterparts are Entitled to.(25) To Perfect the Intellectual Property Protection Mechanism.(26) To Improve the Intellectual Property Service Mechanism.(27) To Simplified Foreign Investment Management.(28) To Enhance Supporting Services for Foreign Investments.(29) To Facilitate Trade Activities.6. To Optimize the Organizational Guarantee System(30) To Establish a Joint-meeting System for the Use of Foreign Capitals.(31) To Launch a High-quality and Efficient Service Mechanism.(32) To Organize Activities for Foreign Firms.(33) To Encourage All Districts (New District) to Map out Supporting Measures.(34) The policies and measures will remain effective for five years since the date of publication.(For detailed information, please refer to the PDF version of this document in the attachment.)

Shenzhen Municipal Government Policies to Support Enterprise Competitiveness

08 06, 2020

Enterprises that are selected to the Fortune Global 500 for the first time are given a reward of 30 million yuan; enterprises that are selected to the China Fortune 500 for the first time are given a reward of 10 million yuan.Comprehensive support is given using a "customized" model to state-owned enterprises that move to Shenzhen or that establish new companies in Shenzhen, or to large enterprises that move to Shenzhen and achieve the standards for qualifying as a "headquarter enterprise."To promote investment in key industry links, and to support projects in weak industry links in Shenzhen, a one-time reward of 3 million yuan is available for eligible projects.Support is available for key industrial enterprises (such as those enterprises in the "Industry 100" that have annual value-added industrial output growth of more than 15%).Enterprises that take on national Strong Industrial Foundation projects are given accompanying support at 50% of the national subsidy.Enterprises that take on the task of building national manufacturing industry innovation centers can receive 10 million yuan in subsidies annually for three consecutive years.Enterprises that take on military industrial scientific research projects can receive up to 35% of the project's contract value as a subsidy (maximum subsidy of 5 million yuan).

Shenzhen Municipal Government Supporting Policies for the Promotion of Innovation in Science and Technology

07 09, 2020

A maximum of 30 million yuan in support is available for the establishment of branch organizations in Shenzhen by national-level innovative entities.A maximum of 10 million yuan in support is available for those that take on the task of establishing provincial and municipal engineering laboratories, technological centers and other innovative entities.A maximum of 100 million yuan is available for the building of scientific laboratories named after scientists.A maximum of 100 million yuan in support is available for the establishment of novel specialized scientific research institutions centered around innovative teams made up of high-level talented personnel.A maximum of 1:1 matching support is available for those that carry out national or provincial scientific and technological plan (task) projects.A maximum of 10 million yuan in support is available for those that carry out Shenzhen's foundational, cutting-edge, and/or key (core) technological projects.To support enterprises in setting up R&D reserve fund systems, a maximum of 10 million yuan is available in post-project support for eligible R&D projects.High and new technology enterprises are encouraged to give scientific researchers stock equity rewards, and some personal tax payment regulations have been relaxed to allow taxes to be paid in installments within a five year period.The share equity percentage that management and core staff at structurally reformed/converted scientific research institutes, high and new technology enterprises, and science and technology service-type enterprises are allowed to hold has been increased to 30%.