Key points of Guiyang's foreign investment promotion policies III

Article 3. International cooperation parks

1. A park which meets all the following requirements shall be identified as an international cooperation park:

(1) The park is located within a development zone, at or above the provincial level.

(2) The park is in line with regional economic and social development planning, general land and urban planning and has clear development space and specialized planning of land, industry and investment.

(3) The park has no major environmental, quality and safety problems and has completed environmental appraisals over the past three years.

(4) The park has clear existing commercial trading relations with other countries and established long-term relationships with relevant agencies.

(5) The park forms industrial clusters which have settled more than three overseas companies, with $10 million of capital in place, and is projected to attract more than five international businesses or projects within the next two to three years.

(6) Fixed assets investment per mu (0.07 hectares) and land output of the park are 10 percent higher than the average level of corresponding industries.

(7) Gathering of international talents and their living facilities to be established in two to three years.

(8) The park has established all-round and multi-layered exchanges and commercial relations with other countries.

2. Policy support

(1) Special funds shall be set up to support the international cooperation parks in their planning, construction, loan interest, project packaging, entrusted investment promotions, overseas promotions and project implementation.

(2) All taxes (local part) -- except real estate tax -- in the parks shall be returned in full.

(3) Major foreign investment projects in the parks enjoy land, incentives and other support policies.

(4) The parks enjoy policy support in the exit and entry of partner countries, investment promotions activities and in the resources of businesspeople.