Key points of Guiyang's foreign investment promotion policies

II. Key points of Guiyang's policy measures involving foreign investment in industries

Corporations and companies that operate in accordance with China's industrial policies, are engaged in industries encouraged by the Guiyang industrial development guidance catalogue -- including big data, advanced manufacturing, modern services and urban-style modern agriculture -- and that don't change their registered information within 10 years shall be given following support:

Article 1. Support for industrial projects 

1. Fixed asset investment incentives

Grants of 50,000 to 100,000 yuan per mu will be given to projects whose fixed-asset investment is more than 100 million yuan, while the fixed assets investment per mu is at least 3 million yuan (with the exception of 1.5 million yuan per mu in the Kaiyang county, Xifeng county, Xiuwen county, Qingzhen city), and whose industrial added value per mu reaches at least 5 million yuan (with the exception of 3 million yuan in the above counties and city).

2. Standard workshop renting subsidy

An enterprise that occupies land of up to 20 mu and leases standard workshops in industrial parks, can receive a subsidy for five years. The first-year subsidy reaches 100 percent of their annual rent, while the following years will correspondingly be given at 50 percent to 100 percent in accordance with the enterprise's economic contributions.

3. Heavy-asset support

The Guiyang government shall help leading companies and high-tech enterprises to build up standard and customized factories. From the date of handover, enterprises are required to pay by installments within five years.

4. Local sourcing support

A company purchasing matching businesses from local small and medium-sized enterprises, with the annual purchase amount reaching 100 million yuan, shall receive an incentive equal to one percent of the newly increased purchase price. The incentive for each enterprise shall be up to 2 million yuan.

Article 2. Support for big data projects

1. Financial incentives

Newly introduced big data enterprises with the revenue of major business exceeding 10 million yuan shall be given a grant ranging from 0.5 million to 2 million yuan.

2. Achievement transformation incentives

Newly introduced big data companies with core technology or innovation model shall get a grant equal to 30 percent of their total funds for technological achievements commercialization, once recognized by local authorities. The grant for each is set at a maximum of 2 million yuan.

3. Platform construction subsidies

Enterprises involved in big data services shall each get 20 percent of their investment in constructing and operating big data services, once approved by the authorities. The subsidy for each shall be no more than 2 million yuan. 

Article 3. Support for modern services industry

1. Award for scale upgrading

Enterprises that are newly listed among enterprises above a designated scale, shall each get a grant of 50,000 yuan.

2. Financial industry support

Enterprises newly establishing branches in Guiyang within a certain scale, shall receive a one-time subsidy of 1 million yuan. Those establishing headquarters of financial institutions and quasi-financial institutions in Guiyang with a certain scale shall receive a subsidy of 2-5 million yuan.

3. Eco-tourism industry support

Enterprises introducing internationally renowned hotel management businesses shall be given a grant of 1-2 million yuan. Enterprises constructing and operating resorts which are recognized as 5A scenic spots and national tourism resorts shall get an incentive grant of 3 million yuan.

4. Modern logistics industry support 

Newly introduced logistics companies ranked at A level will be given a grant of 0.2-0.5 million yuan. Newly introduced businesses that integrate logistics information and meet the relevant requirements shall be given a subsidy that is equal to 10 percent of their total investment -- and the subsidy amount for each enterprise shall be up to 1 million yuan.

5. Modern commerce and trade support

Enterprises that establish large-scale specialized markets shall be given 1-3 million yuan in incubation funding. Internationally known top brands that settle their regional headquarters or branches in Guiyang shall get an incentive grant of 1-5 million yuan.

6. Healthcare industry

Newly introduced social capital that invest in non-profit medical and health operations with an investment of over 100 million yuan in place, as well as private institutions that offer services for the elderly with the fixed assets of over 50 million yuan, are permitted to apply for financial loan discounts of no more than 3 million yuan.

Article 4. Support for headquarters settlement in Guiyang 

1. Fortune Global 500 companies or enterprises that play a vital role in promoting Guiyang's socioeconomic development, which set up their national headquarters and regional headquarters in Guiyang for the first time, will be given 5 million yuan and 3 million yuan grants, respectively.

2. Company branches already established in Guiyang, that are transformed into subsidiaries or corporate headquarters and meet the corresponding requirements, will be refunded 50 percent of the taxes at the municipal level for three consecutive years.

Article 5. Support for innovation and entrepreneurship 

1. Supporting talent innovation: Any talent who bring in technologies, projects and teams to develop strategic emerging industries -- and establish tech enterprises in Guiyang -- will be granted a maximum of 5 million yuan in project funding and will be provided with workplaces, apartments or housing subsidies for three years.

2. Supporting entrepreneurship incubations: incubators and maker spaces approved by Guiyang will be given a subsidy of 200,000 yuan -- and those that are recognized as national, provincial, and municipal incubators and maker spaces will be given subsidies of 300,000 yuan to 1 million yuan. In addition, if they pass an annual assessment, another 500,000 yuan will be given as operating subsidy.

3. Supporting construction of R&D platforms: introduced national and provincial-level engineering technology research centers, key laboratories and enterprise technology centers will be granted 5 million yuan and 1 million yuan respectively.

Article 6. Support for investment

Guiyang encourages business investment and enterprise introduction. The city shall give companies attracting investment incentives at a certain proportion according to project investment, which shall be up to 3 million yuan.

Article 7. Strengthening guaranteed measures

1. Guaranteeing office space: Enterprises with a total investment of over 30 million yuan will be given a subsidy of 30-50 percent for the rent of office space for three consecutive years and the total subsidies will be up to 1 million yuan.

2. Encouraging listings for financing: Enterprises that are listed on the domestic mainboard will be awarded 10 million yuan; those that are listed on the Small and Medium-Enterprise Board and Growth Enterprises Market Board will be awarded 5 million yuan; and those listed on the National Equities Exchange and Quotations in China will be awarded 1.5 million yuan.

3. Strengthening services for settlement of foreign investment projects: Agency services free of charge will be provided for foreign-invested enterprises.

[This English version is only for reference. To learn more, please refer to the authoritative Chinese version.]