Financial support

A. Any industrial company with a fixed-asset investment above 50 million yuan per year will get a 100,000-yuan disbursement from the finance department and any company with a fixed-asset investment above 100 million yuan will get a 200,000–yuan disbursement. Foreign-backed agriculture, high-tech, labor-intensive, charity and public welfare projects with a fixed-asset investment above 50 million yuan, or any foreign company or non-production project with fixed-asset investment above 100 million yuan will get a refund of 50 percent of their administrative costs for the first 3 years.

B. Any investment or finance company that establishes its HQ, R&D, purchasing, or sales center in the city can get a refund of 50 percent of local income taxes for trade, health, tourism and education, for 3 years.

C. The Hechi government sets aside 2 million yuan every year for investment promotion and business invitation awards.

D. Any new industrial company will get a refund of 1 percent of its local added-value tax if annual sales exceed 100 million yuan for 3 years and industrial project investing 1 billion yuan in fixed assets over a two–year period will get a disbursement of 200,000 yuan from the financial department.