（英文版）潜江市关于促进招商引资工业项目落户的二十条措施（潜招组发〔2021〕2号）

Document of the Leading Group for Investment Promotion in Qianjiang City

Q.Z.Z.F. [2021] No.2

Qianjiang Municipal Leading Group for Investment Promotion

Notice on the Issuance of Twenty Measures of Qianjiang City on Promoting the Settlement of Industrial Projects with Investment Attraction (Trial) 

Relevant departments from district, town and sub-district offices, and departments directly under city government:

The Twenty Measures of Qianjiang City on Promoting the Settlement of Industrial Projects with Investment Attraction (Trial) is hereby issued. Please read through the document and implement the measures in line with the actual conditions.

December 10, 2021

Official Seal: Qianjiang Municipal Leading Group for Investment Promotion

Twenty Measures of Qianjiang City on Promoting the Settlement of Industrial Projects with Investment Attraction (Trial)

In order to further increase the intensity of investment promotion and strengthen policy guidance, these measures are hereby formulated in accordance with the relevant state and provincial regulations and combined with the actual conditions of Qianjiang City. These measures are applicable to projects that are in line with the industrial development planning and green environmental protection of the city. The terms and scope of the measures to be applied on a project shall be agreed by the Municipal Investment Promotion Project Consultation Working Committee based on the seven aspects of the project, including investment intensity, tax amount, scientific and technological content, chain size, environmental level energy consumption limit, and safety margin, and relevant support will be given in a targeted manner.

1. Guarantee of project land. For industrial projects that have been approved through relevant meetings of the city, the reserve price of land transfer shall be implemented at no less than 70% of the National Minimum Price Standard for Industrial Land Transfer corresponding to the land in the locality. For projects to be constructed by stages, land shall be provided in accordance with the principle of "one-time planning and land supply in phases", and the time limit of land reserved in phases shall not exceed two years. (Led by: Qianjiang Municipal Natural Resources and Planning Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Administration of Government Services and Big Data, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

2. New investment incentives. For industrial projects with a one-time investment of more than RMB 50 million (including the principal, the same below) in fixed assets (excluding land, the same below), new investment incentives will be given in installments at a rate not exceeding 40% of the reserve price of land transfer. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

3. New incentives for local financial contributions. For the newly introduced industrial projects that are put into production as agreed in the contract, within 6 years from the date of putting into production, the new local financial resources generated by their production and operation at the municipal level in Qianjiang will be rewarded at 100% in the first 3 years and at 50% in the next 3 years. (Led by: Qianjiang Municipal Investment Promotion Service Center; Supported by: local government where project is located, Qianjiang Municipal Tax Bureau, Qianjiang Municipal Finance Bureau and relevant industry departments)

4. Incentives for foreign investment. For foreign-funded enterprise registered and established in Qianjiang with an actual annual capital of more than USD 1 million, a reward of RMB 100,000 will be given for every USD 1 million invested, and the cumulative maximum reward for a single enterprise is limited to RMB 3 million. (Led by: Qianjiang Municipal Bureau of Commerce. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Market Supervision Administration, the People's Bank of China Qianjiang Sub-branch, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

5. Incentives for mergers and acquisitions. For newly launched industrial projects that revitalize existing assets by means of auction, merger and reorganization, the new local financial resources generated by the transfer of assets at the municipal level will be rewarded with equal amount. Based on the corporate income tax and value-added tax paid in the year before the reorganization, 100% of the new local financial resources generated by the production and operation at the municipal level in Qianjiang City will be rewarded within 3 years after the reorganization (including the year of reorganization). For merger or acquisition amounted to more than RMB 20 million, rewards will be given at 3% of the total merger or acquisition amount after the completion of the merger or acquisition, with a maximum reward of RMB 2 million. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

6. Rewards for increasing production and improving efficiency. For newly introduced industrial enterprise whose annual sales revenue (based on the bills of tax authorities) exceeds RMB 50 million, RMB 100 million, RMB 500 million and RMB 1 billion for the first time, a one-time reward of RMB 50,000, RMB 100,000, RMB 250,000 and RMB 500,000 will be given to the enterprise respectively. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

7. Rewards for listing enterprises. For the first-time listed enterprise registered and taxed in Qianjiang, a reward will be given in stages with the maximum reward amounting to RMB 4 million according to the Notice on Issuing the Interim Measures of Qianjiang City for Incentives to Encourage Small and Medium-sized Enterprises to Reform and Go Public (Listing) Reward (Q.Z.F. (2017) No. 16). (Led by: Qianjiang Municipal Financial Services Office. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Market Supervision Administration, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

8. Rewards for economical and intensive use of land. Industrial enterprises are encouraged to develop and utilize above-ground and underground space. On the premise of meeting the planned conditions and not changing the use of the land, the price of the land will not be charged additional if the utilization rate of the land and the floor area ratio are increased within the original scope of the land. For newly built multi-storey factories with a plot ratio of 1.0 or more, a reward will be given for the second floor as per a standard of RMB 100 yuan/m2 in terms of construction area, and for the third floor and above, the reward will be given as per a standard of RMB 200 yuan/m2. If the height of each single floor of the factory building reaches 8 meters, the reward for each floor shall be calculated as twice the standard price. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Natural Resources and Planning Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

9. Rewards for industrial cluster development. To promote the development of the city's industrial cluster, for industrial enterprises that purchase products and services produced by non-property rights-related enterprises in the city for textile and garment, home manufacturing, intelligent equipment and other industrial projects, rewards will be given according at 3% of the purchase amount if the the purchase amount (subject to the bills of the tax department) in the current year reaches more than RMB 10 million. The rewards will be given for no more than 5 years, and the maximum reward for each year is limited to RMB 1 million. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Bureau of Commerce, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

10. Rewards for the introduction of enterprises. All kinds of business associations, intermediary organizations and non-state public officials who have made outstanding contributions to the introduction of industrial projects will be awarded 1-3% of the actual amount of fixed assets in two phases according to the scale of the projects. In the first phase, RMB 30,000 will be awarded after the formal investment contract is signed. In the second phase, another RMB30,000 will be awarded after the project is completed and put into production. The maximum cumulative amount of the reward is RMB 3 million. Those who have made outstanding contributions to or played a key role in the project introduced by national public officials will be credited after the fixed assets of the project have reached RMB 50 million. (Led by: Qianjiang Municipal Investment Promotion Service Center. Supported by: local government where project is located, Organizational Department of the CPC Qianjiang Municipal Committee, Qianjiang Municipal Finance Bureau and relevant industry departments)

11. Rewards for human resource development. According to the Notice on the Issuance of the Implementation Rules of the Policy of Recruiting and Introducing Talents (Trial) (Q.Z.W.(2021) No. 6), the talents hired by enterprises will be rewarded four different titles depending on their level of expertise. For senior executives at or above the vice president level and the core leaders in charge of the technical team, 100% of the new municipal financial resources contributed by their personal salary during their work in Qianjiang will be awarded to the enterprise to support its human resources within 5 years after the completion and production of the enterprise as agreed in the contract. (Led by: Qianjiang Municipal Investment Promotion Service Center. Supported by: local government where project is located, Organizational Department of the CPC Qianjiang Municipal Committee, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Science and Technology Bureau, Qianjiang Municipal Human Resources and Social Security Bureau and relevant industry departments)

12. Investment subsidies for production equipment. Industrial projects with one-time investment of more than RMB 50 million in fixed assets will be subsidized by category at 3%-10% of the total investment in newly purchased production equipment after completion and production as stipulated in the contract, and the maximum value of subsidy amounts to RMB 15 million. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

13. Subsidies for leasing or purchasing manufacturing plants. Newly introduced industrial enterprises registered in Qianjiang City with independent legal person qualifications will be awarded rent subsidy for five consecutive years for leasing standard factory buildings. For the first year, the subsidy will be given at 100% of the rented price (not exceeding the market price of the leased plant in the area, the same below). From the second year to the fifth year, a 50% subsidy of the rent will be given if the tax paid in that year reaches RMB 50 yuan /㎡. For the purchase of standard factory buildings for industrial production, after the tax paid by the project reaches RMB 100 yuan/㎡ in the current year, a one-time subsidy of RMB 100 yuan/㎡ will be given based on the capacity area. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

14. Logistics cost subsidies. For newly introduced industrial enterprises registered in Qianjiang City with independent legal person qualifications, within 5 years from the date of putting into operation as agreed in the contract, if the tax paid in the current year is more than RMB 5 million, a subsidy will be given at 10% of the total annual logistics and transportation costs, with a maximum amount of subsidy of RMB 5 million per year. (Led by: Qianjiang Municipal Transport Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

15. Relocation subsidies for enterprises. For industrial enterprises outside Qianjiang which later relocate to the city and have an investment in fixed assets of more than RMB 50 million, a one-time freight subsidy of 2% of the assessed value of the relocated equipment will be given 6 months after the equipment is put into production, and the maximum amount of the subsidy is limited to RMB 5 million. (Led by: Qianjiang Municipal Economic and Information Technology Bureau. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

16. Industry fund support. To give full play to the role of government industry fund, fund support can be given to enterprises and investment projects that meet the development plan of leading industries of Qianjiang City and are in need of financial capitals in accordance with the principles of government-led and market-oriented economy, openness and transparency, market operation, highlighting priorities and performance and result driven strategy. (Led by: Qianjiang Municipal Finance Bureau. Supported by: local government where project is located, Qianjiang Municipal Financial Services Office, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

17. Financial services support. For newly settled industrial projects with an investment of more than RMB 300 million or an annual sales income of more than RMB 500 million or an annual tax payment of more than RMB 10 million, a financial interest discount can be implemented for the production and operation working capital of the project (except fixed asset investment), and a subsidy shall be given at a rate not higher than 50% of the market quotation rate stipulated in the loan contract. The maximum amount of the subsidy is limited to RMB 500,000 per year for each project, and the qualified project shall be continuously subsidized for three consecutive years from the year the project is put into operation. (Led by: Qianjiang Municipal Financial Services Office. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

18. Exhibition economy and e-commerce support. A subsidy equal to 50% of the investment will be given to enterprises for holding actitivities such as high-quality forums and exhibitions. For holding or hosting forum activities, the maximum subsidy is RMB 100,000. For holding or hosting exhibitions, the maximum subsidy is RMB 300,000. Enterprises carrying out e-commerce activities are encouraged. For those who sell Qianjiang local brand products and whose e-commerce sales volume exceeds RMB 10 million, RMB 30 million, RMB 50 million and RMB 100 million for the first time, a one-time reward of RMB 50,000, RMB 100,000, RMB 200,000 and RMB 300,000 will be given to the enterprise respectively. (Led by: Qianjiang Municipal Bureau of Commerce. Supported by: local government where project is located, Qianjiang Municipal Finance Bureau, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

19. Rewards for investment attraction and scale development. The rewards for industrial project with a fixed asset investment of RMB 500 million or an annual average tax revenue of more than RMB 300,000, or project invested and constructed by industry-leading and leading enterprises, new economy companies, technology giants, unicorn enterprises and listed companies shall be discussed on a case-by-case basis. The rewards for existing enterprise that expand its scale and increase its investment in fixed assets to RMB 200 million shall be discussed on a case-by-case basis. (Led by: Qianjiang Municipal Investment Promotion Service Center. Supported by: local government where project is located, the municipal affairs service and the big data administration and relevant industry competent departments)

20. Project service optimization.

(1) The construction of public infrastructure outside the wall of the project land shall the responsibility of the competent local government department where the project is settled, which shall provide the enterprise with "nine availables and one access" after leveling according to the current status of the land. The construction of infrastructure within the walls shall be the responsibility of the enterprise. The enterprise shall be responsible for the construction of special facilities, such as water, electricity and ther special supply channels outside the wall of the project land. (Led by: Qianjiang City Construction & Development Group Co., Ltd. Supported by: local government where project is located, Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

(2) During the examination and approval of the project settlement, including registration, project establishment, land supply, construction and acceptance of industrial projects, all administrative institutional fees and government-managed funds involved in administrative procedures at the municipal level are free of charge, except the part that is not reduced or exempted by national laws and regulations, and the part collected on behalf of the state and the province. Intermediary service charges within the scope of the list involved in the process of administrative examination and approval shall be packaged by the Qianjiang Municipal Administration of Government Services and Big Data and subsidized by the city's own public finance. (Led by: Qianjiang Municipal Administration of Government Services and Big Data. Supported by: Qianjiang Municipal Finance Bureau and relevant industry departments)

(3) Project agency is carried out for newly introduced industrial projects, and the local government where the project is settled shall be responsible for helping the enterprise to go through all kinds of certificates and approval procedures, and assisting in dealing with any issues or problems occured in construction, production and operation. (Led by: local government where project is located, Qianjiang Municipal Administration of Government Services and Big Data. Supported by: Qianjiang Municipal Investment Promotion Service Center and relevant industry departments)

(4) Intitatives are taken to better serve the enterprises and fulfill the goals of investment promotion and attraction. In principle, the rewards and incentives are granted on a quaterly basis, but the cycle can alse be changed subject to specific project requirements. Annual on-site audit of projects will be organized, and projects that fail to put into production as agreed or meet the requirements of policy implementation will be included in the responsibility list and withdrawn in an orderly manner, and the right of recourse will be reserved. (Led by: Qianjiang Municipal Investment Promotion Service Center. Supported by: local government where project is located, Qianjiang Municipal Economic and Information Technology Bureau, Qianjiang Municipal Finance Bureau and relevant industry departments)

This policy measure shall be implemented on a trial basis from the date of issuance and shall be valid for 3 years, and shall be interpreted by the Office of the Qianjiang Municipal Leading Group for Investment Promotion. In principle, support measures are not given superimposed, and other provisions of the state and provinces shall prevail.