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Investment policies for six areas in Guangdong

Update:2016-10-25

China Guangdong Pilot Free Trade Zone Nansha Area of Guangzhou has rolled out policies on taxes, finance, connection with Hong Kong and Macao, opening-up, land management, marine management, social undertakings, and management service. The policies include measures on the management of sci-tech funds, special funds to support the national auto and component export base in Nansha development zone and venture capital guiding funds; as well as measures on the industrial support and fund management related to promotion of service outsourcing industries; measures for high-level talent introduction, outstanding achievement rewards for talents, bonded area's financial support on economic growth, rewards for innovative science and technology platforms.

Qianhai Shenzhen-Hongkong Modern Service Industry Cooperation Zone has made regulations on financial reform, tax system reform for modern service industries, cooperation with Hong Kong on finance, legal affairs, education, medical treatment, and telecom. The policies issued include the Qianhai Industrial Development Catalogue; interim measures for management of cross-border RMB loans, pilot projects of foreign equity-invested enterprises, financial support for overseas top talents, and urgently-needed talents' individual income tax, and the determination of overseas top talents and urgently-needed talents.

Zhuhai Hengqin New Area's policies are concerned with customs, taxes, and industrial development, including a catalogue for guiding industrial development; trial measures for encouraging development of economic headquarters; suggestions from the General Administration of Customs for supporting Hengqin's opening-up efforts; suggestions on boosting Hengqin's growth and promoting development of private equity funds.

Sino-Singapore Guangzhou Knowledge City has issued polices on an innovation system. Innovative financial system, key industries and talents, such as measures for science and technology leading talent introductions and recruitment; suggestions for developing strategic emerging industries; measures for propelling development of key innovative industries; decisions for specific management committee authorities; regulations for the knowledge city.

Dongguan Taiwan High-tech Industrial Park has made policies such as interim measures for encouraging enterprise reform, management of special funds for cultural industrial development and services for an animal experiment platform; measures for encouraging science and technology innovation, building an area of financial reform and innovation, introducing top talents, and promoting independent innovation; suggestions on upgrading the area to become a national innovation sci-tech park; and rules on SMEs' joint guarantee for loans.

Sino-German Industrial Services Zone located in Foshan adopts the city's preferential policies on investment attraction. Foshan has made regulations on financial support, land support, and tax preferences.

Source: Guangdong Business Guide 2015 (《广东投资指南2015》) released by Department of Commerce of Guangdong Province