Preferential Policies

HENGQIN INVESTMENT PROMOTION CENTER

Catalog Part One-Industry and Tax Policies ...... 3

Policy 1: The encouraged enterprises are entitled to the preferential enterprise income tax

rate of 15% ...... 3

Policy 2: Promoting Economic Development of Headquarters Enterprises ...... 4

Policy 3: Provisional Measures for Industry Cultivation and Support ...... 9 Policy 4: Promoting Scientific and Technological Innovation and Promoting the Work on

Intellectual Property Rights ...... 15 Policy 5: Provisional Rules for Supporting Public Platforms of Scientific and

Technological Innovation in the New Area ...... 21 Policy 6: Provisional Rules for Managing Research and Development Subsidy of

Enterprises in the Hengqin New Area ...... 23 Policy 7: Provisional Measures of Hengqin New Area for Supplementary Support for

Science and Technology Planning Projects of Scientific and Technological Enterprises ... 25 Policy 8: Several Measures for the Hengqin New Area Supporting Development of Traditional Chinese Medicine Science and Technology Industrial Park of Co-operation

between and Macao ...... 26 Policy 9: Interim Measures for Encouraging the Development of Scientific and

Technological Service Institutions in Hengqin New Area ...... 29 Policy 10: Measures for Promoting the Development of Recreational tourism in the

Hengqin New Area ...... 30 Policy 11: Measures for the Promotion of Economic and Trade Cooperation between

and Latin America ...... 33 Policy 12: Interim Measures for Supporting the Development of Software and IC Design

Industry of Hengqin New Area ...... 35 Policy 13: Some Measures for Promoting the Development of Hengqin’s Advertising

Industry ...... 37 Part Two-Talent and Supporting Policies ...... 39

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Policy 14: Interim Measures on Office Venue Rental Subsidy for Scientific and

Technological Enterprises in Hengqin New Area ...... 39

Policy 15: Rewards for the Extraordinary Personnel ...... 42 Policy 16: Provisional Measures for Providing Rent and Living Subsidies to Introduced

Talents in the Heng New Area ...... 43

Policy 17: Rental housing for industry supporting ...... 46 Policy 18: Provisional Measures for Establishing an Office Area for the Headquarters

Companies of the Hengqin New Area ...... 47

Policy 19: Provisional Measures for Postdoctoral Management in the Hengqin New Area 49

Policy 20: Hengqin New Area Industrial Office Support Provisional Measures ...... 53

Policy 21: Measures for the Approval of Talent Introduction in ...... 55 Policy 22: The Provisional Measures for Hosting Innovation Competition and Rewarding

the Winners with Gratis Funds in the Hengqin New Area ...... 57

Policy 23: Some Measures for Zhuhai Talent Program (Trial Implementation) ...... 58 Part Three-Relative Financial Policies ...... 64

Policy 24: Financial support to encourage the development of angel investment and venture

capital investment ...... 64

Policy 25: The Guide to Boost Private Equity in the Hengqin New Area ...... 67 Policy 26: Provisional Measures for Promoting the Development of the Financial Leasing

Industry in the Hengqin New Area ...... 68 Policy 27: Procedures of the Hengqin New Area Regarding Special Subsidies to Encourage

and Promote the Listing of Enterprises ...... 71 Policy 28: Provisional Measures for Supporting the Development of Financial Education

and Training Industry in the Hengqin New Area ...... 74 Policy 29: Measures for Supporting the Development of the Quantitative Investment

Enterprises and FinTech Enterprises of the Hengqin New Area ...... 77 Policy 30: Provisional Rules for Managing Angel Investment Fund in the Hengqin New

Area ...... 80 Policy 31: Support Measures for Promoting the Development of the Insurance Industry of

the Hengqin New Area ...... 82

Appendix ...... 86

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Part One-Industry and Tax Policies Policy 1: The encouraged enterprises are entitled to the preferential enterprise income tax rate of 15% Enterprise income tax is levied at the rate of 15% on the encouraged industry enterprises of 72 items in five categories, which are established in Hengqin New Area. Application requirements: 1. Only limited to the enterprises established in Hengqin Free Trade Zone and covered in the Catalogue of Preferential Enterprise Income Tax; if an enterprise has office both inside and outside the Free Trade Zone, only the office established in the preferential area is entitled to the preferential enterprise income tax. 2. The main business of the enterprise shall conform to the Catalogue of Preferential Enterprise Income Tax, and the main business income shall account for over 70% of the total incomes of the enterprise. Application department: 1. Tax authorities 2. If the tax authorities find it hard to define main business of enterprises that are encouraged to be established in the Hengqin New Area according to the Catalogue for Enterprise Income Tax Preferences, the Management Committee in the Area shall take over the delimitation task and offer supporting documents with the empowerment from the provincial finance and tax department. Reference: Instructions on Certifying Industries for Enterprise Income Tax Preferences in Guangdong Hengqin New Area (for Trial Implementation) ( ZHXB No. 12〔2018〕)

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Policy 2: Promoting Economic Development of Headquarters Enterprises Headquarters enterprises that are recognized will be rewarded for five consecutive years, according to the contribution they have made to social and economic development of the Hengqin New Area in the previous years. Application requirements: Any enterprise that meets the following requirements may apply to be recognized as a headquarters enterprise: (i) The enterprise was registered and established in the Hengqin New Area with an independent legal person or independent taxpayer and pays the taxes in the Hengqin New Area in accordance with the law. (ii) The enterprise follows the direction of industrial development in the Hengqin New Area. (iii) The enterprise commits not to move out of the Hengqin New Area within five years from the date of recognition and not to change liability of tax payment during the same period.  Regional headquarters enterprises of multinational companies (i) Regional headquarters enterprises of investment 1. Companies that were established in accordance with the Provisions on the Establishment of Investment Companies by Foreign Investors by Ministry of Commerce and engaged in direct investment. 2. Annual payment of enterprise revenue tax, VAT, business tax to the Hengqin New Area is no less than 30 million yuan in total (excluding personal income tax and export tax refund for the year that is assumed by

4 / 94 the Hengqin financial departments). (ii) Regional headquarters enterprises of management 1. Total asset of the parent company is no less than 400 million US. dollars. 2. The parent company has registered capital aggregately and actually paid up of no less than 10 million US dollars in China and the number of enterprises in and outside of China managed under the authorization of its parent company is no less than two. 3. Annual payment of enterprise revenue tax, VAT, business tax to the Hengqin New Area is no less than 30 million yuan in total (excluding personal income tax and export tax refund for the year assumed by the Hengqin financial departments).  Headquarters enterprises of a large Chinese enterprise (i)Total asset of the parent company is no less than 2.5 billion yuan. (ii) The number of enterprises in China or within Chinese administrative areas invested or managed under the authorization of the enterprise is no less than two, at least one of which is a trans-municipal or trans-provincial enterprise. (iii) Annual payment of enterprise revenue tax, VAT, business tax to the Hengqin New Area is no less than 30 million yuan in total (excluding personal income tax and export tax refund for the year assumed by the Hengqin financial departments).  Innovative financial headquarters enterprises (ⅰ) Innovative financial headquarters enterprises in the Measures refer to the following financial institutions that have obtained approval of regulatory departments:: 1. Banking financial institutions, specialized and licensed banking

5 / 94 institutions and non-banking financial institutions and others that are established under the approval of the banking regulatory authority. 2. Securities institutions, fund management companies, futures companies, the subsidiary companies thereof, privately offered investment funds management companies, consulting institutions for privately offered investment funds, securities and futures investment and others that have obtained the approval of or have undergone the recordation formalities with securities regulatory authority. 3. Insurance institutions, assets management companies, insurance agencies, insurance brokerages, insurance assessment companies and insurance sales companies (including telemarketing and network marketing) and others that are established under the approval of insurance regulatory authority. 4. Non-financial institutions that provide payment services, currency exchange companies and others that are established under the approval of People’ s Bank of China. 5. Trading centers (institutions), investment companies, financial leasing companies, commercial factoring companies, financing guarantee companies, small loan companies, private capital management companies, Internet financial companies, equity investment (management) enterprises and other financial institutions that are approved or regulated by other regulatory departments. (ii) Institutions that meet one of the following requirements (excluding the personal income tax and export tax refund for the year assumed by the Hengqin financial departments). 1. Trading centers (institutions) that are formed upon approval。 2. Revenue made by starting cross-border innovation business in the

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Hengqin New Area contributes to the annual payment of enterprise revenue tax, VAT, business tax and the payment is no less than 5 million yuan in total. 3. Insurance companies whose premium revenues are more than 200 million yuan and annual payment of enterprise revenue tax, VAT, business tax is no less than 10 million yuan in total, or insurance intermediary institution whose annual payment of enterprise revenue tax, VAT, business tax is no less than 2 million yuan in total. 4. Other institutions whose annual payment of enterprise revenue tax, VAT, business tax is no less than 20 million in total.  Growth headquarters enterprises Growth headquarters enterprises shall be rewarded in 50% of its contribution to the municipal finance, and such contribution is formed by annual business revenue, operating revenue and value-added revenue.  Others For particularly important projects of headquarters enterprises after being approved by the Management Committee Office of the Hengqin New Area, the “matter-by-matter” discussion system may be implemented in credentialling and reward policies. Standard for subsidy: Tax incentives (i) Headquarters enterprises that enjoy preferential business revenue tax will be rewarded in 50% of its contribution to the annual municipal finance, and such contribution is formed by operating revenue and value-added revenue in the Hengqin New Area. (ii) Regional headquarters enterprises of multinational companies, headquarters enterprises of large Chinese enterprises, innovative financial

7 / 94 headquarters enterprises and growth headquarters enterprises that do not enjoy preferential business revenue tax prescribed by Cai Shui〔2014〕 No.26 may choose one of the following rewards. 1. Enterprises are rewarded in 150% of its contribution to the annual municipal finance and such contribution is formed by annual business revenue. The bonus will be paid in two years with 100% of the bonus being paid in the first year and the remaining 50% in the second year. 2. Enterprises are rewarded in total amount of its contribution to municipal finance, and such contribution is formed by annual business revenue, operating revenue and value-added revenue. 100% of the amount will be paid in the first two years and 60% of the amount will be granted in the following three years. (ⅲ) Growth headquarters enterprises shall be rewarded in 50% of its contribution to the municipal finance, and such contribution is formed by annual business revenue, operating revenue and value-added revenue. (ⅳ) Headquarters enterprises that conduct cross-border innovation business shall be rewarded when its payment of withholding business income tax and interest tax for outbound affiliated entity has contributed over 2 million yuan to the municipal finance in the Hengqin New Area. The bonus shall be 50% of the amount of its contribution. Chase subsidy: Enterprises with no office for self-use that purchase such office (excluding the affiliated facilities and supporting houses) in the Hengqin New Area receive subsidies for three consecutive years according to 80% of the property tax the enterprises have paid in the Hengqin New Area. Rental allowances:

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Enterprises that lease office for self-use (excluding the affiliated facilities and supporting houses) will receive rent subsidies for three consecutive years, according to the actual leased area. Standard of subsidy is 30% of the monthly rent (no more than 50 yuan per square meter) and maximum subsidy area shall not exceed 1,000 square meters. Application department: 1. Innovative financial headquarters enterprise:Financial Service Center 2. Others: The Hengqin Bureau of Commerce Reference: Measures for Promoting Economic Development of Headquarters Enterprises in the Hengqin New Area (ZHXB No. 33 〔 2014 〕 ), Measures for Recognition of Innovative Financial Headquarters Enterprise in the Hengqin New Area (ZHXB No.40 〔2014〕)

Policy 3: Provisional Measures for Industry Cultivation and Support (i) Encouraging Fortune Global 500 companies to settle down. Reward object Financial support

The world’s top 500 1. Companies with their headquarters relocating to the companies that settle Hengqin Free Trade Zone will be given a one-off grant of down in the Hengqin 10 million yuan; Free Trade Zone for the 2. Companies setting up a first-level subsidiary in this first time and promise do area, will receive a one-off grant of 5 million yuan; not to move out within 3. A second-level subsidiary, 1 million yuan. five years.

The china’s top 500 1. Companies with their headquarters relocating to the

9 / 94 companies that settle Hengqin Free Trade Zone will be given a one-off grant of down in the Hengqin 6 million yuan;

Free Trade Zone for the 2. Companies setting up a first-level subsidiary in this first time and promise do area, will receive a one-off grant of 2 million yuan; not to move out within 3. A second-level subsidiary, half a million yuan. five years. (ii) Supporting the development of the financial sector and financial services industry. Reward object Financial support

Financial institutions including the banking financial institutions, licensed exclusive banking institutions, non-banking financial institutions, 1. According to 1% of the institution’s securities institutions, fund management practical registered capital or working companies, futures companies, insurance capital, a one-off financial support with companies, third-party payment no more than10 million yuan shall be institutions and asset management given; companies established with the approval 2. According to 1% of the institution’s of the People’s Bank of China, the China practical registered capital or working

Banking Regulatory Commission, the capital, the primary and secondary

China Securities Regulatory Commission branches of the afore-mentioned and the China Insurance Regulatory financial institutions shall be given a

Commission, as well as to the legal one-off financial support with no more entities of exchanges or trading centers than 3 million yuan. established with the approval of the regulatory department at or above the provincial level, provided that such

10 / 94 institutions promise not to move out

Hengqin within 5 years.

Non-financial payment service agencies, currency exchange companies, insurance agencies, insurance brokerage companies that have been established with the permission of “one bank and three regulatory commissions” (PBOC,

CSRC,CIRC, And CBRC), and have Will be given a one-off special support promised not to move out of the Hengqin amounting to 1% of their registered Free Trade Zone within five years, capital or of the actual amount of together with financial guarantee operating funds in place, up to no more companies, microfinance companies, than 2 million yuan. financing leasing companies, internet financial enterprises, and rural funds associations that have been approved by the supervisory departments above the provincial level and promised not to move out of the Hengqin Free Trade Zone within

5 years,

Will be given a one-off special support Private equity investment funds that have of 2 million yuan as long as the value of been registered or filed by the securities their actual investment entity or project regulatory agency and promised not to exceeds 500 million yuan. If the value of move out of the Hengqin Free Trade Zone their actual investment entity or project within five years. exceeds 1billion yuan, a one-off special

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support of 5 million yuan will be

granted. The maximum investment in

the same company or project shall be no

more than 5 million yuan.

Will be given a one-off special support

of 2 million yuan as long as their asset

under management reaches over 500 Privately offered funds that have been million yuan for the first time. If their registered or filed by the securities asset under management exceeds regulatory agency and promised not to 1billion yuan, a one-off special support move out of the Hengqin Free Trade Zone of 5 million yuan will be granted. The within five years maximum supporting amount for the

same target shall be no more than 5

million yuan.

(i) Above Privately offered investment funds well be given a one-off financial support under the following conditions and standards:

(1) A financial support of 10% of the award amount shall be given to those that have only gone through archival filing or registration at the Asset Management Association of China.

(2) A financial support of 50% of the award amount shall be given to those that have gone through archival filing or registration at the Asset Management Association of

China and whose management institutions are registered in Hengqin.

(3) A financial support of 60% of the award amount shall be given to those that have gone through archival filing or registration at the Asset Management Association of

China and whose 50% or more investment or assets under management is under the custody of institutions in Hengqin.

(4) A financial support of 100% of the award amount shall be given to those that have

12 / 94 gone through archival filing or registration at the Asset Management Association of

China, whose management institutions are registered in Hengqin, and whose 50% or more investment or assets under management is under the custody of institutions in

Hengqin.

(ii) To encourage the management institutions of privately offered investment funds to reside in Hengqin and foster outstanding management teams in the industry with

Hengqin characteristics, the one-off financial support shall be given to privately offered investment funds and their management institutions under the following conditions and standards:

(1) When management institutions are registered in Hengqin, the financial support shall be given to privately offered investment funds and management institutions by the ratio of 7:3.

(2) When management institutions are registered and have offices and staff in

Hengqin, the financial support shall be given to privately offered investment funds and management institutions by the ratio of 4:6. (iii) Supporting cross-border services and offshore trade. Reward object Financial support

International logistics, trade and settlement operation centers to settle Will be granted with special support of down here. Companies that have set up more than one million yuan, on condition its international logistics, trade, and that their first annual overseas settlement settlement operations center in the business income in Hengqin reaches an

Hengqin Free Trade Zone and promised equivalent of 100 million yuan. not to move out within five years

For e-commerce companies settled in the A one-off special support of 2 million Hengqin Free Trade Zone with their yuan will be provided. operating revenue exceeds 1 billion yuan.

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(iv) Supporting the construction of public service platforms. Reward object Financial support

For public service platforms, such as If they meets the needs of common scientific research institutes, enterprise technology services from the industry in

R&D, construction of open technology this region and get approved, one-time and institutions which provide services of rewards would be given to platform technology development, technology investors, worthy of 10% of the total cost promotion, technical consultation, of the platform construction. The product design, equipment and product maximum amount of awards should not testing, etc. exceed 1 million yuan. (v) Encouraging the settlement of innovation-driven enterprises and teams. Reward object Financial support

Qualified high-tech enterprises one-off support fund of 1 million yuan

For the experts team led by academicians from Chinese Academy of Sciences and

Chinese Academy of Engineering, and the leading figures would mainly devote 2 million yuan their energy to the enterprises they have created (led), with each year working time at this enterprise no less than 6 months

For the team led by the talents within

"The Recruitment Program of Global

Experts", and the leading figures would 5 million yuan mainly devote their energy to the enterprises they have created (led), with

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each year working time at this enterprise

no less than 6 months Application department:The Hengqin Bureau of Commerce, the Financial Affairs Bureau Reference: Provisional Measures for Industry Cultivation and Support in the Hengqin Area of the Guangdong Pilot Free Trade Zone (ZHXB No.11〔2015〕), Supplementary Provisions to the Provisional Measures for Fostering and Supporting Industries in Guangdong Pilot Free Trade Zone—Hengqin New Area of Zhuhai (ZHXB No. 12〔2017〕)

Policy 4: Promoting Scientific and Technological Innovation and Promoting the Work on Intellectual Property Rights Qualifications Financial support

Those recognized as HNTEs in their first application will

receive a support fund of 1 million yuan that are allocated in To encourage the three stages: first, 100,000 yuan for those applying for HNTEs application of High and cultivation for the first time; second, 100,000 yuan for those New Technology applying for HNTEs certification and accepted for the first Enterprise (HNTEs) time; third, 800,000 yuan for those certified as HNTEs for the certification. first time and 900,000 yuan for those certified as HNTEs

without cultivation.

Those HNTEs which relocate and settle in Hengqin for the first

time from outside Zhuhai, will be given a support fund of 1

To encourage HNTEs to million yuan. We will assist high-level talents and professional

settle in Hengqin. and technical personnel in these enterprises to apply for

subsidies for purchasing houses, and for renting talent

apartments or houses in Hengqin and Zhuhai. We will also help

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them to apply for national, provincial and municipal high-level

personnel qualifications, implement supporting policies, and

provide guarantees for living allowance, spouse employment,

children’s admission to school, comfortable housing,

convenient immigration services, etc.

To encourage enterprises Enterprises that pass the reexamination or recertification as in HNTEs reexamination HNTEs will receive a support fund of 300,000 yuan in a lump

and recertification. sum.

For each high and new technology product certified, the To encourage enterprises enterprise will be given 3,000 yuan for support, but the to declare high and new maximum amount for a single enterprise per year should not technology products. exceed 50,000 yuan.

We encourage new types of R&D institutions to disclose the

information and materials related to their research

infrastructures, instruments and science and technology to the

To support and public, and provide research and development experiments,

encourage new types of technical testing and other services. The new types of R&D

R&D institutions to open institutions which are evaluated as excellent in the assessment

to the public. of Zhuhai municipality and receive post-subsidies from the

municipal finance, will be given 50% of the amount of the

municipal subsides by the district finance, and the amount of

support should be no more than 500,000 yuan.

Testing centers, laboratories, Will be given 2.5 million yuan, To support the and other public technology 1.5 million yuan, and 1 million construction of public service platforms, which are yuan respectively for support if technology service invested and constructed by they are certified at national, platforms. scientific research institutions provincial, and municipal

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and enterprises, register and level.

operate in Hengqin

If recognized as national,

provincial or municipal

engineering technical research

centers or enterprise

technology centers, will also

To encourage enterprises The enterprises that complete receive 2 million yuan, 1 to build new or improve commercial registration and million yuan, and 0.5 million

R&D institutions. operate in Hengqin yuan respectively from the

district finance. In principle,

the enterprises receiving

multi-level support should be

funded according to the highest

level.

The innovative and Those teams which are entrepreneurial teams that successfully selected and complete commercial To support innovative supported by provincial registration and operate in and entrepreneurial finance will be supported by Hengqin are encouraged to teams. the district finance at 1: 0.5 apply for Guangdong Plan to ratio with the provincial Introduce Innovative and support being . Entrepreneurial Teams.

To support the For the newly recognized national, provincial and municipal construction of scientific incubators, the district will allocate 3 million yuan, 2 million

and technological yuan, 1 million yuan respectively for support in a lump sum. In

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enterprise incubators. principle, the enterprises receiving multi-level support should

be funded according to the highest level. Based on the results of

the annual assessment at or above the city level, the district

finance will allocate the fund to the scientific and technological

enterprise incubators with good operation at 1:1 ratio with the

city support being the standard. For the key scientific and

technological incubators, public creation space, and innovation

and entrepreneurship service platforms that are invested or

introduced in Hengqin, and obtain the support of relevant

municipal funds, the district finance will give them a fund at

1:1 ratio.

Those enterprises receiving the notification of domestic granted

invention patent will gain a fund support of 3,000 yuan for

each; an enterprise obtaining a domestic invention patent

certificate will gain an extra support of 10, 000 yuan for each.

Those enterprises filing a PCT international patent application

will receive a support of 10,000 yuan for each.

Those enterprises obtaining invention patents authorized by the To encourage enterprises United States, Japan and the European Union will receive to apply for intellectual 50,000 yuan for each; 30,000 yuan for invention patents property rights. authorized by other countries or regions. Where a patent for the

same invention is granted in more than two countries, the fees

for patent application in only two countries will be financed.

Those enterprises obtaining 1 piece of integrated circuit layout

design certificate in the year will receive a support of 5,000

yuan; 10,000 yuan for 2 (or more) pieces of the certificates.

Those enterprises obtaining 6 (or more) utility model patents

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and software copyrights within a year will receive a support of

10,000 yuan.

The total amount of funding received by a single enterprise per

year should not exceed 3 million yuan.

To support the Those enterprises, which are authenticated under the

standardization in the “Enterprise Intellectual Property Management” (National

construction of Standard GB/T 29490-2013), and have applied for 3 or more

intellectual property invention patents within 6 months after obtaining the

enterprises. certification, will receive a support of 100,000 yuan.

If an enterprise in Hengqin registers a trademark in China, each

trademark registration number will be supported by 800 yuan

upon certification. Anyone who has more than one trademark

registration number may be supported cumulatively based on

the total number of registration, but the total funds for one

applicant should not exceed 50,000 yuan.

If the registered trademark is recognized as a “China

Well-known Trademark” or a “Famous Trademark in To encourage enterprises Guangdong Province,” the enterprise shall be given 1 million to register and introduce yuan and 0.3 million yuan respectively in a lump sum. trademarks. Where the trademark is registered in , Macao or

Taiwan, each trademark number will be supported with 3000

yuan and should not be filed for repeated application.

Where a trademark is registered under the Madrid system, the

enterprise can apply for a one-time support fund after acquiring

the Trademark Registration Certificate and being approved by

the designated countries, and the funds of support will be 60%

of the trademark registration fees with the maximum not

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exceeding 50,000 yuan;

For registration in the European Union or Latin America, 10,

000 yuan will be given for each item; 3000 yuan for registration

in other single countries.

For an exemplary enterprise for implementation of the national

trademark strategy that carries out the work of strategic plans

To support enterprises to on formulating trademarks, trademark warning and trademark

implement trademark operation, it will be given no more than 200,000 yuan of

strategies. support in one effort. In principle, the amount of funding should

not exceed 50% of the actual expenses incurred in carrying out

the above-mentioned work.

Enterprises purchasing patent insurance will be given 1,000 To encourage enterprises yuan for support for each item. In principle, the total amount of to purchase patent funding for a single enterprise per year should be no more than insurance. 100,000 yuan.

Those enterprises whose intellectual property rights are

To support the infringed will be given 50% of their forensic identification fees,

establishment of notarization fees, litigation fees, arbitration fees and other fees

intellectual property respectively as the funds for support upon their application. No

rights protection more than 300,000 yuan should be provided for domestic rights

systems. protection support, and the support for rights protection in

foreign countries should not exceed 500,000 yuan.

To encourage the Qualified institutions for the implementation of intellectual

services of assisting property standards, which guide enterprises in the area to be

enterprises to meet certified under the intellectual property standards, will receive a

intellectual property support of 50,000 yuan for each certified enterprise (with 3 or

standards. more applications for invention patents within 6 months after

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the certification) .

Those enterprises in the district, which have won Will receive a support of 600,000 yuan for each item; 300,000 the China Patent Gold for those winning the China Patent Excellence Award or the Prize or the China China Design Excellence Award as the first author. Design Gold Award as

the first author

Cultivation of

enterprises with Municipal enterprises with advantages in intellectual property

advantages in rights newly recognized by the municipal intellectual property

intellectual property department will receive a support of 100,000 yuan.

rights

The total amount of funding for the same trademark should not exceed 100,000 yuan.

Reference: Interim Measures for Promoting Scientific and Technological Innovation in Hengqin New Area (ZHXB No. 15〔2016〕), Trial Measures for Promoting the Work on Intellectual Property Rights in the Hengqin New Area (ZHXB No. 38〔2017〕)

Policy 5: Provisional Rules for Supporting Public Platforms of Scientific and Technological Innovation in the Hengqin New Area A public platform of scientific and technological innovation refers to an innovation carrier operating in this area, which is identified by the Hengqin Management Committee as an entity that offers companies with services including open technology research and development, industrial technology support, legal qualification testing,

21 / 94 science and technology achievement transformation and talent training. Such public platforms include research institutions of science and technology, new research and development institutions, engineering research centers, key laboratories, engineering laboratories, industrial design centers, product testing centers, and technology transfer centers. Reward object To apply for support of public platforms of scientific and technological innovation, all the following criteria must be met: 1. Relying on scientific institutions with strong research and development capacity, universities and colleges, leading enterprises on science and technology and other market-oriented entities; 2. Possessing rich industrial resources, expertise and experiences, the ability to gather all categories of innovative element, significant social credibility and influence in the industry; 3. Providing the necessary guarantee for the establishment and operation of the public platforms with strong technical support and solid foundation for the university-industry cooperation; 4. with specific professional emphases and service orientation, being able to support and promote the development of the leading industries in the area; 5. with a certain area of site and equipment for research, testing and technical services which are under unified management and open access; 6. with talents providing technical services to the public; 7. implementing related government planning, accepting the guidance and supervision from the Hengqin Management Committee and relevant departments, and meeting the related management requirements. Financial support

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1. The one-off subsidy will not exceed 50% of the approved purchase amount of one equipment (or software), and the independent amount of a single Platform shall not exceed 10 million yuan in principle. 2. Public Platforms that provide three or more enterprises in the area with technical support, inspection and detection, talent training and other services will be awarded 5% of their actual revenue from the scientific and technological services for the enterprises after verification, and the maximum amount does not exceed 1 million yuan. 3. For enterprises in the area using the public platform, the maximum 50% subsidy may be given according to the actual expenses incurred in the use of platform after verification, and the subsidy for a single enterprise should not exceed 2 million yuan. Application department:The Hengqin Bureau of Commerce Reference: Provisional Rules for Supporting Public Platforms of Scientific and Technological Innovation in the Hengqin New Area (ZHXB No.37〔2017〕)

Policy 6: Provisional Rules for Managing Research and Development Subsidy of Enterprises in the Hengqin New Area The research and development funds mentioned in the Rules refers to the type of spending that is the annual research and development expenses of enterprises with tax authorities’ approval of pre-tax deduction and is subject to the requirements of the Notice on Elaborating the Pre-tax Deduction Policies of Research and Development Funds. Application requirements: Enterprises that meet the following requirements will be eligible for

23 / 94 the Subsidy. 1. Its business and tax licenses are registered in the Hengqin New Area and has an independent legal person. 2. Its business objective is in line with Hengqin New Area’s industrial development plans. 3. It conducts research and development activities under the guidance of High-tech Industries with National Development Priority and the Guide to Key Areas with Development Priority in High-tech Industrialization jointly issued by departments including the National Development and Reform Commission. 4. The previous year's pre-tax deductions from research and development expenses of the enterprise with tax department’s approval of having pre-tax deduction exceed 100,000 yuan. 5. Its research and development activities are conducted within Hengqin and integrated areas that are under cooperative development planning with Hengqin. Financial support: The amount of the Subsidy that enterprises with tax authorities’ approval of pre-tax deduction receive is 15% of their research and development funds for the previous year. In principle, the maximum amount of annual Subsidy that each enterprise receives shall not exceed 5 million yuan. Reference: Provisional Rules for Managing Research and Development Subsidy of Enterprises in the Hengqin New Area (ZHXB No.39〔2017〕)

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Policy 7: Provisional Measures of Hengqin New Area for Supplementary Support for Science and Technology Planning Projects of Scientific and Technological Enterprises Target groups: enterprises that completed commercial and tax registration in the Hengqin New Area and with science and technology planning projects freely supported by the national, provincial and municipal governments listed the High and New Tech Fields under the Key Support of the State, the annex of Notice of the Ministry of Science and Technology, Ministry of Finance and State Administration of Taxation on Revising and Issuing the Administrative Measures for Determination of High and New Tech Enterprises (No. 32 [2016] of the Ministry of Science and Technology). Standards for support: provide support for projects where local supporting proportion is clearly defined by the higher scientific and technological departments in accordance with relevant regulations; for projects where higher scientific and technological departments do not specify the local supporting proportion, post-subsidies should be provided by the following standards: 1. 100% financial support can be offered for the national-level scientific and technological planning projects according to the maximum national-level funding; 2. 70% financial support can be offered for the provincial-level scientific and technological planning projects according to the maximum provincial-level funding; 3. 50% financial support can be offered for the city-level scientific and technological planning projects according to the maximum city-level

25 / 94 funding; An enterprise can declare preferential supports which shall not be repeated; an enterprise can apply for 2 supports at the most for their projects in a year and the supporting fund shall not exceed 5 million yuan. Application department:The Hengqin Bureau of Commerce Reference: Provisional Measures of the Hengqin New Area for Supplementary Support for Science and Technology Planning Projects of Scientific and Technological Enterprises (ZHXB No.40〔2017〕)

Policy 8: Several Measures for the Hengqin New Area Supporting Development of Traditional Chinese Medicine Science and Technology Industrial Park of Co-operation between Guangdong and Macao Application requirements: Enterprises and research institutions that receive the support of these Measures shall move their offices into the Park, go through the industrial and commercial registration and tax registration in Hengqin for over a month and make a commitment to not moving out of the Hengqin New Area within 5 years. Enterprises that move into the Park, including research, pilot and sales agencies in the field of health industries such as bio-pharmaceuticals, dietary supplements and medical devices production as well as relevant intermediaries or institutions offering services such as management, investment, consulting and training, must meet the conditions set forth by Catalog for the Guidance of the Industrial Development in Hengqin. Equipment purchase subsidy:Supports will be offered to the Park to bring in prestigious universities at home and abroad, scientific research institutions, state key laboratories, national engineering laboratories,

26 / 94 national engineering (technology) research centers and national enterprise technology centers, and to establish public laboratories or transformation agencies of scientific and technological achievements as well as noted testing and certification institutions at home and abroad. After verification, if enterprises meet all subsidy conditions, a one-off equipment purchase subsidy of up to 10 million yuan will be given. Rental subsidy:From the day enterprises move into the Park, a monthly venue rental subsidy of 50 yuan/m2 will be offered at most for 36 months. In principle, the venue shall not be larger than 2000m2 in its size. If the rent of the venue is lower than the rental subsidy standard in amount, the subsidy will be equal to the actual rent enterprises pay. 1. If the venue is smaller than 300m2, the subsidy will cover the actual area enterprises rent. 2. If the venue is equal to or larger than 300m2, the subsidy will be equal to the multiplication of the number of employees that pay social insurance in Hengqin and per capita area that subsidy covers (per capita area that subsidy covers is 10 m2 in venue for business offices and 30 m2 in venue for researching, piloting and medical caring agencies). 3. For projects headed by the Academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering, the winners of National Awards for Science and Technology, experts of the Recruitment Program of Global Experts, talents from the Guangdong Pearl River Talent Plan, innovation and entrepreneurship teams funded by provincial finance departments, high-tech enterprises or new major research and development institutions approved by the Hengqin New Area Management Committee, public platforms for technological innovation as well as companies from Hong Kong and Macao, the

27 / 94 monthly venue rental subsidy will be 100 RMB/m2 at most. Financial Support Reward object Financial support

Will be rewarded in accordance with the

Enterprises who annually pay tax over 5 Measures for the Promotion of Overall million yuan Economic Development in the Hengqin

New Area

Enterprises who pay between 100 Will be rewarded 90% of the tax they pay thousand and 5 million yuan annually to the Hengqin New Area for 3 years.

For enterprises that have completed Aone-off reward that equals 30% of their pre-clinical drug studies and obtained expenditure on tests and is not higher approval for clinical studies than 1 million yuan will be given.

A one-off reward that equals 30% of their

For enterprises that have completed drug expenditure on clinical trials and is not clinical trials higher than 1.5 million yuan will be

given.

For enterprises that have certificates of A one-off reward of 10 million yuan will class I new drugs be given.

According to classification for

registration of drugs, a one-off reward

For those who have certificates of other that equals their expenditure on new drugs application for registration of new drugs

and is not higher than 3 million yuan will

be given.

For those who have registration A one-off reward that equals their certificate of class Ⅲ new medical expenditure on application for devices registration of new devices and is not

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higher than 3 million yuan will be given.

A reward of 100 thousand yuan will be For enterprises and research institutions given for each approval document. The that independently develop dietary total rewards given to a particular supplements and obtain approval enterprise shall not be higher than 300 documents in the Park thousand yuan.

Enterprises develop new drugs, dietary A one-off reward that equals 50% of their supplements, and medical devices (class cost on application will be given. The

II and III) and obtains registration total rewards given to a particular certification of FDA, EMA, EDQM, and enterprise shall not be higher than 6

CE million yuan. Application department:The Hengqin Bureau of Commerce Reference: Several Measures for the Hengqin New Area Supporting Development of Traditional Chinese Medicine Science and Technology Industrial Park of Co-operation between Guangdong and Macao (ZHXB No.36〔2017〕)

Policy 9: Interim Measures for Encouraging the Development of Scientific and Technological Service Institutions in Hengqin New Area The S&T service institutions herein refer to professional institutions that aim to promote S&T achievement transformation and cultivate high-tech enterprises, and are engaged in S&T consulting, technology evaluation and transfer, achievement transformation, technology management and services. Application requirements: S&T service institutions with independent legal person status and clean record, having established for

29 / 94 one year or above and having been put on file in Zhuhai or Hengqin New Area S&T departments. Standard for reward: Since January 1, 2017, S&T service institutions will be granted 30,000 yuan reward funds for guiding one enterprise in Hengqin to successfully acquire the national high-tech enterprise certificate (including the first- and re-certification). Each high-tech enterprise may only select one S&T service institution as its counselling and guidance agency. Application department:The Hengqin Bureau of Commerce Reference: Interim Measures for Encouraging the Development of Scientific and Technological Service Institutions in Hengqin New Area (ZHXB No.29〔2017〕)

Policy 10: Measures for Promoting the Development of Recreational tourism in the Hengqin New Area Recreational tourism refers to a comprehensive industry that creates conditions for consumers to carry out recreational tourism activities, and provides demanded goods and services for the consumers. Recreational tourism mainly includes ocean tourism, wetland forest tourism, science and technology tourism, culture tourism, health care tourism, yacht tourism, low-altitude flight tourism, and sports competition tourism. Projects Description Financial reward

The enterprise with a newly rated Recreational 10 million yuan at a time National AAAAA Grade Tourist Area tourism Enterprises with a newly-rated projects 5 million yuan National AAAA Grade Tourist Area

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The enterprise with a newly rated 3 million yuan at a time five-star hotel

The enterprise with a newly rated 1 million yuan at a time four-star hotel

0.5% of the annual total

The enterprise with annual sales of net sales of ticket over 100,000 tickets approved by the taxation

department each year

1% of the annual total net the enterprise with annual sales of sales of ticket approved by over 1 million tickets the taxation department

each year.

The enterprise with campsite project that meets the Standard of

Construction and Service for 1 million yuan at a time Recreational Campground

(GB/T31710) and passed the acceptance inspection

The enterprise with recreational tourism projects that have passed the acceptance inspection organized by 200,000 yuan at a time. the Standardization Committee of

China National Tourism

Administration

The enterprise producing tourist 200,000 yuan for commodities (souvenirs) with state-level award or

Hengqin characteristics that win 100,000 yuan for

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awards in the exhibition and provincial-level award.

evaluation of tourist commodities

(souvenirs) organized by the state or

provincial tourism administrative

departments

Travel agencies newly rated as the 500,000 yuan, 300,000 top 100 national or international yuan and 100,000 yuan Development travel agencies in China or as the top respectively of travel 10 travel agencies in Zhuhai

agencies 300,000 yuan, 200,000 accredited as AAAAA, AAAA and yuan and 100,000 yuan AAA travel agencies respectively

Activities such Contribute to the promotion of No more than 10 million as festivals and Hengqin’s recreational tourism yuan for the same project tournaments

The responsible enterprise

Projects such as marine museums, may be granted a one-off

breeding bases for animals and construction subsidy for

plants, performance and arts centers, the infrastructure project Large and tourism colleges, with tourism talents upon examination and extra-large training bases, which provide citizens verification by the recreational with society public service such as Management Committee, tourism scientific research, science and the maximum amount projects popularization, education, culture, of subsidy for a single

and training project should not exceed

50 million yuan.

Key equipment and facilities that are Be granted special

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imported by enterprises of large or subsidies upon

extra-large recreational tourism examination and approval

projects without tariff reduction and by the Management

cannot be produced in Committee, the maximum

amount of subsidy for a

single project shall not

exceed 100 million yuan.

The responsible enterprise

shall be awarded with

Projects with an annual sales volume 1.5% of the total net

of 5 million tickets or more income of ticket sales

approved by the tax

authorities annually. Reference: Measures for Promoting the Development of Recreational tourism in the Hengqin New Area (ZHXB No.23〔2017〕)

Policy 11: Measures for the Promotion of Economic and Trade Cooperation between China and Latin America The enterprises referred to in the Measures are those that have legally registered in Latin America with their main production and business activities located in Latin America. Besides, their investors include at least one Latin American or Latin America natural person’s enterprise. Types Descriptions Financial reward

Cross border For the e-commerce enterprises that Amaximum of 2 million e-commerce have settled in Hengqin for the first yuan at a time. development time, if they are engaged in economic

33 / 94 between China and trade cooperation with Latin and Latin America with their revenue exceeding 1

America billion

Every year, the representative

“Hengqin China enterprises registered in Hengqin will and Latin be provided financial incentives, The maximum amount America especially those that have made of award for a single Cooperation outstanding contributions to promoting enterprise is no more Promotion the construction of the Hengqin than 1 million yuan. Award” will be China-Latin America economic and set. trade cooperation and those that have

strong motivation and relationships.

Professional Sponsors or contractors forums and the Greatly promoted the China-Latin will be granted with a professional America economic and trade maximum subsidy of no field exchange cooperation(CLAETC) more than 1 million activities yuan.

Comprehensive Sponsors or contractors international will be granted with a forums and Significantly promoted the CLAETC maximum subsidy of no international more than 10 million exchange yuan. activities

The China-Latin Full subsidy in

America and the Qualified exhibitors of Latin American accordance with their

Caribbean enterprises actual expenses such as

International transportation expenses,

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Exposition accommodation

expenses, booth fees and

special installation fees. Rental subsidies: High-level Hengqin CLAETC Park is going to be built. It will help the Latin American enterprises to settle down, as well as the domestic enterprises related to trade, tourism, culture, law, services, etc. They will be provided office rental subsidies for up to three years with a standard of 50 yuan per square meter per month. The area is calculated on the basis of the enterprise’s personnel (calculated by the number of the staff who have signed labor contract with the enterprises and paid social insurance), with a standard of 10 square meters per capita, and the area provided for every single enterprise should not exceed 2,000 square meters. Reference: Measures for the Promotion of Economic and Trade Cooperation between China and Latin America(trial) (ZHXB No.22 〔2017〕)

Policy 12: Interim Measures for Supporting the Development of Software and IC Design Industry of Hengqin New Area Reward object: Enterprises and organizations engaged in R&D, production, distribution, and services in the software and IC design industry, registered in the industrial and commercial bureau and tax bureau, and operating within the integrated reform and development area of the Hengqin New Area, Bonded Zone and Hongwan Area. Standard for subsidy: Types Descriptions Rewards

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Enterprises recognized as the Key Software Enterprise Up to 500,000 yuan will be within the National Program Layout and the Integrated granted. Duplicate grant will

Circuit Design Enterprise within the National Program not be given to those

Layout. repeatedly recognized.

First acquiring the Software and IC design certificate of Capability enterprises with annual A reward fund of 200,000 Maturity Model sales of over 5 million yuan Integration (CMMI) yuan level 3 or above.

Enterprises first acquiring the Integrated Circuit A reward fund of 100,000

Layout Design Certificate. yuan

a subsidy of 50% of the first

tape-out cost will be given, For IC design enterprises with chip products of with no more than 1 million independent intellectual property rights yuan to each enterprise

annually.

A subsidy of 50% of the For enterprises renting EDA tools of IC industrial base actual cost and no more than for R&D 100,000 yuan will be given.

A subsidy of 10% of the

actual cost will be given,

For IC design enterprises Independently with no more than 1 million with annual sales of over purchasing EDA yuan to each enterprise

50 million yuan software annually. Duplicate subsidy

will not be given for tool

upgrading.

Public technology service Acquiring the laboratory A certification subsidy of

36 / 94 platforms of software and qualification certified by 500,000 yuan

IC design the China National

Accreditation Service for

Conformity Assessment Reference: Interim Measures for Supporting the Development of Software and IC Design Industry of Hengqin New Area (ZHXB No.4 〔2018〕)

Policy 13: Some Measures for Promoting the Development of Hengqin’s Advertising Industry 1. The entry requirements for advertising enterprises established in Hengqin have been relaxed. Incorporation of an advertising enterprise will be approved if the parent company has registered capital of RMB 10 million or above, and three subsidiaries or above, and the total registered capital of the parent company and subsidiaries reaches RMB 20 million. 2. In the construction fee for cultural undertakings paid in Hengqin New Area by the advertising enterprises established in Hengqin International Advertising Creative Industry Base, reward will be given to the portion paid into local treasury, that is, 70% of the total amount of the construction fee for cultural undertakings will be given as reward. 3. Financial support Reward object Financial reward Advertising enterprise in Hengqin New Area Lump-sum reward of that has incubated an international 4A RMB 5 million advertising company Advertising enterprise in Hengqin New Area Lump-sum reward of that has incubated a 4A advertising company RMB 2 million

37 / 94 in China Advertising enterprise in Hengqin New Area Lump-sum reward of that has incubated a 4A advertising company RMB 1 million in Advertising enterprise in Hengqin New Area Lump-sum reward of that has incubated national Grade A, Grade B RMB 500,000, RMB and Grade C advertising companies 300,000 and RMB respectively 200,000 respectively Advertising enterprise in Hengqin New Area Lump-sum reward of that has been awarded well-known trademark RMB 1 million Advertising enterprise in Hengqin New Area Lump-sum reward of that has been awarded famous trademark RMB 300,000 Advertising enterprise in Hengqin New Area or its creative advertisement design that has been granted internationally renowned Lump-sum reward of awards such as Cannes Advertising Awards, RMB 600,000 Effie Awards, One Show Awards, New York Advertising Awards, and London International Advertising Awards. Advertising enterprise in Hengqin New Area or its creative advertisement design that has Lump-sum reward of been granted China’s advertising awards such RMB 400,000 as the Great Wall Awards and Public Service Advertisement Grand Prix Advertising enterprise in Hengqin New Area Lump-sum reward of or its creative advertisement design that has RMB 200,000 been granted provincial awards such as

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Guangdong Excellent Works Competition 4. Subsidy for advertising campaign Type of campaign Standard for subsidy World-famous advertising At a rate of 50%; no more than RMB 5 campaign such as IAA million World Congress National advertising campaign such as China At a rate of 30%; no more than RMB 3 International Advertising million Festival Provincial advertising At a rate of 30%; no more than RMB 2 campaign such as South million Advertising Forum Municipal advertising At a rate of 20%; no more than RMB campaign 300,000 Reference: Some Measures for Promoting the Development of Hengqin’s Advertising Industry (ZHXB No. 22〔2016〕)

Part Two-Talent and Supporting Policies Policy 14: Interim Measures on Office Venue Rental Subsidy for Scientific and Technological Enterprises in Hengqin New Area Subsidy Recipient: Enterprises or organizations that complete the commercial registration and tax registration in Hengqin and fall within the list of High and New Technology Industries with National Priority in the annex to the Notice of the Ministry of Science and Technology, the Ministry of Finance and the State Administration of Taxation on Revising

39 / 94 and Issuing the Measures for the Administration and Certification of High and New Technology Enterprises. Targeted Areas: Hengqin Creative Valley, Hengqin Macao Youth Innovation Valley, China-LAC Economic and Trade Cooperation Park, plants that state-owned enterprises rent in Hengqin, and specialized parks that offer supports and services for scientifical and technological enterprises in the reform and development zones under the integration of Hengqin, bonded zones and Hongwan Area will be subsidized with approval of the Management Committee of Hengqin New Area. Subsidy Standard: A unified standard will be applied to the appropriation of the subsidy. In principle, one enterprise receives the subsidy for no more than 3 years. If the office venue rent is lower than the rental subsidy standard in amount, the subsidy will be equal to the actual rent enterprises pay.  Enterprises that complete the commercial registration and tax registration in Hengqin, sign cooperation agreements (promising to attain objects related to innovation-driven development) with the Management Committee of Hengqin New Area and functional departments of the district, and move into parks or supporting plants in bonded zones and Hongwan Area will be eligible for a monthly rental subsidy of 20 RMB/m2.  Those that move into Hengqin Creative Valley, Hengqin Macao Youth Innovation Valley and China-LAC Economic and Trade Cooperation Park will be eligible for a monthly rental subsidy of 50 RMB/m2.  Enterprises that meet the following requirements are eligible for a monthly rental subsidy of 100 RMB/m2: 1. They carry out projects that are led by academicians of the

40 / 94

Chinese Academy of Sciences or the Chinese Academy of Engineering, the winners of National Awards for Science and Technology, experts of the Recruitment Program of Global Experts, talents from Guangdong Pearl River Talent Plan, innovation and entrepreneurship teams funded by provincial finance, or high-level talents certificated by departments at or above the provincial level. 2. They are new major research and development institutions or scientific and technological innovation platforms that are introduced with the approval of the Management Committee of Hengqin New Area. 3. They are high and new technology enterprises certified by the state. 4. They are exemplary and leading projects headed by high-level talents, enterprises or scientific and technological institutions from Hong Kong, Macao and Taiwan, whose introduction is approved by the Hengqin Bureau of Commerce.  For Fortune 500 companies, leading enterprises in industries, think tanks, high-tech enterprises under China Torch Program among other quality programs in line with Hengqin development demand, the Management Committee of Hengqin New Area sets up specific subsidy plans based on their respective circumstances. Subsidy Area: The arrangement of office venue should be intensive and efficient. In principle, the area to be subsidized for enterprises that move into specialized parks and those that move into the supporting plants shall not be more than 2000m2 and 3000m2respectively . Rent for the extra area shall be paid by the enterprises. Application department:the operating organs of the venue

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Reference: Interim Measures on Office Venue Rental Subsidy for the Scientific and Technological Enterprises in Hengqin New Area (ZHXB No.23〔2017〕)

Policy 15: Rewards for the Extraordinary Personnel Direct economic Award Level Income Tax contributio standard ns(S, yuan)

1. Income from wages and salaries; 2. Income Level 10000≤S<2000 from production or business operation derived S*20% A 0 by individual industrial and commercial

households; 3. Income from contracted or

Level leased operation of enterprises or institutions; 20000≤S<1000 S*32% B 4. Income from remuneration for personal 00 service; 5. Income from author's

remuneration; 6. Income from royalties; 7.

Level Income from interest, dividends and bonuses; S≥100000 S*40% C 8. Income from lease of property (Except for

the transfer of real estate) 100% award amount shall be granted to their extraordinary personnel for units that meet one of the following conditions: 1. Units whose other taxes except individual income tax account for more than 20% (including 20%) of the total amount of taxes paid in the previous year; 2. Human resource service enterprises; 3. Partnership equity investment enterprises, partnership venture

42 / 94 capital investment enterprises and special general partnership enterprises; For units except the aforesaid enterprises, 50% award amount shall be granted to their extraordinary personnel. Application requirements: People who work in enterprises and institutions that are registered and operated in the Hengqin New Area, or those who start up their business and those who provide independent personal services, can apply talents awards. Reference: Incentive Measures for Special Talents of the Hengqin New Area in the Zhuhai Special Economic Zone (No.27〔2016〕), Supplementary Administrative Provisions on Measures of the Hengqin New Area of the Zhuhai Special Economic Zone for Rewarding the Extraordinary Personnel (ZHXB No.87〔2018〕)

Policy 16: Provisional Measures for Providing Rent and Living Subsidies to Introduced Talents in the Heng New Area Qualifications: Talents introduced by employing units registered in the Hengqin New Area, including university graduates, introduced on-the-job talents and returned overseas students (excluding staff members of the government agencies and public institutions). Eligible employing units shall meet the following requirements: (ⅰ) Having physical office and operation in integrated areas such as the Hengqin, bonded zone and Hongwan Area. (ⅱ) Paying taxes in the Hengqin New Area with an annual tax amount of over 500,000 yuan. (ⅲ) If the employing unit has been registered for less than 3 years

43 / 94 and meets one of the following requirements, introduced talents of the employing unit can be free from tax limit: 1. Recognized national high-tech enterprises. 2. Enterprises established by such high-level talents as academicians of the Chinese Academy of Sciences or the Chinese Academy of Engineering, experts of the China “1000 Talents Plan”, candidates and leaders of the Innovation and Entrepreneurship Teams of the Guangdong “Pearl River Talents Plan”, Zhuhai high-level talents and leaders of the Innovation and Entrepreneurship Teams. 3. Educational and medical service institutions and bases of science and technology innovation platforms approved by the Management Committee of the Hengqin New Area such as major new-type R&D institutions, national maker space and incubators above provincial level. Applicants shall meet the following requirements: (ⅰ) Having full-time bachelor or above education background, bachelor degree or above or overseas equivalent education background (or degree) recognized by the Ministry of Education; holding Qualifications Certificate of Specialty and Technology above assistant-level; or being selected according to “Zhuhai Scarce Technical Work Directory” with Occupational Qualifications Certificate above technician-level. (ⅱ) Being above the age of 18. Talents with a PhD degree or Qualification Certificate of Specialty and Technology above deputy senior level should be below the age of 55 while others should be below the age of 50. For confirmed urgently-needed talents for the development of the Hengqin New Area, these age limits may be extended. (ⅲ) Having established standardized labor relations with employing

44 / 94 units and paid social insurance in the Hengqin New Area in accordance with law. (ⅳ) Having not enjoyed other types of housing security treatment in Zhuhai City or the Hengqin New Area. Note: 1. Talents with a PhD degree or Qualifications Certificate of Specialty and Technology above deputy senior level can be free from the tax limit mentioned in Clause (ⅱ) Article 5. 2. To receive the rent and living subsidy, apart from the afore-said requirements, non-in-system staff members introduced by the Hengqin New Area government agencies and public institutions and staff introduced by state-owned enterprises in the Area should actually live in the Hengqin New Area. Talents that meet the afore-mentioned requirements enjoy the rent and living subsidy for no more than 36 months, and subsidy standards are as follows: (ⅰ) High-level talents such as academicians of the Chinese Academy of Sciences or the Chinese Academy of Engineering, academicians of foreign national academy of sciences or academy of engineering, winners of the State Science and Technology Prizes, experts of the China “1000 Talents Plan”, candidates and leaders of the Innovation and Entrepreneurship Teams of the Guangdong “Pearl River Talents Plan”: 6000 yuan/month/person. For exceptional talents, the subsidy standards could be appropriately raised. (ⅱ) Doctors or talents with Qualifications Certificate of Specialty and Technology above deputy senior level: 3000 yuan/month/person. (ⅲ) Masters or talents with Qualification Certificate of Specialty and Technology above intermediate level: 1200 yuan/month/person.

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(ⅳ) Bachelors or talents with assistant-level Qualifications Certificate of Specialty and Technology or talents selected in accordance with the “Zhuhai Scarce Technical Work Directory” with National Occupational Qualifications Certificates above technician level: 600 yuan/month/person. Reference: Provisional Measures for Providing Rent and Living Subsidies to Introduced Talents in the Hengqin New Area (ZHXB No.1 〔2018〕)

Policy 17: Rental housing for industry supporting Application requirements: The major industrial projects, high-tech enterprises, major technological innovation platforms, scientific research institutions, and high-end service agencies that are introduced with approval of the Administrative Committee of Hengqin New Area and covered in the Catalogue of Guiding the Industrial Development of Hengqin New Area, and have office and business premise in Hengqin New Area may submit an application according to the actual situation. Lessee: An employee of the eligible enterprise and his/her spouse who neither have self-owned housing in Zhuhai nor benefit from any preferential housing security policy. Rental: RMB 10/m2/month; if the lease term is more than two years, rental shall be charged at RMB 20/m2/month. The rental shall be collected by Hengqin Development Limited Liability Company, and the fees of property management, water, electricity, gas and cooling shall be paid by the lessee to the relevant service providers. Standard for distribution: Company leader has the priority to get suite; senior managers will be given one-room apartment; middle-level

46 / 94 managers and technical directors will be given single room; business personnel will be given collective dormitory. Number of rental housing: In principle, each eligible enterprise may apply for the rental housing of no more than five suites for industry supporting. The major enterprises and projects in Hengqin New Area may apply for more rental housing on a case-by-case basis; however, the lodging needs of project managers and senior managers shall be first satisfied in principle. Application deparment: Hengqin Development Limited Liability Company Reference: Interim Measures for the Management of Rental Housing for Industry Supporting in Hengqin New Area

Policy 18: Provisional Measures for Establishing an Office Area for the Headquarters Companies of the Hengqin New Area Application requirements: 1.has finished industry and commerce registration in the Hengqin New Area and pays taxes according to the law; 2. has an annual revenue of over 10 million yuan (with the annual sales of wholesale trade of over 20 million yuan); 3. has not yet occupied any land for construction in Hengqin nor owned or rented any office area in Hengqin. 4. Preference will be given to the companies which were not included into the national directly transmitting system of networked enterprises before the entry into Hengqin. Subsidy Standard: (i)Some office space is provided for free. 1. A company with an annual revenue of over 10 million yuan (with

47 / 94 the annual sales of wholesale trade of over 20 million yuan) will be offered 20-25 square meters of office space. 2. A company with an annual revenue of no less than 100 million yuan will be offered 30-60 square meters of office space. (ii) Certain number of office facilities are provided for free. These consist of necessary office facilities, including tables, chairs, computers, and telephones. A set of such facilities is worth 50,000 yuan. 1. A company with an annual revenue of over 10 million yuan (with the annual sales of wholesale trade of over 20 million yuan) will be offered one set of office facilities. 2. A company with an annual income of no less than 100 million yuan will be offered two sets of office facilities. (iii) Subsidies are provided for those headquarter scompanies. The subsidies are granted to them for employing financial and statistical staff at 100,000 yuan per person. 1. A company with an annual revenue of over 10 million yuan (with the annual sales of wholesale trade of over 20 million yuan) will be granted subsidies worth of 100,000 yuan per year. 2. A company with an annual revenue of no less than 100 million yuan will be granted subsidies worth of 200,000 yuan per year. Application department: Hengqin Development Limited Liability Company Reference: Provisional Measures for Establishing an Office Area for the Headquarters Companies of the Hengqin New Area (ZHXS No. 174〔2017〕)

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Policy 19: Provisional Measures for Postdoctoral Management in the Hengqin New Area Types Descriptions Awards

Giving priority to the

outstanding postdoctoral

talents introduced from

abroad. The Postdoctoral Establishing special Management Office shall A special funding of up to scientific research conduct assessment 1,000,000 yuan may be provided, support funds for based on the applicant’s each postdoctoral scholar can only outstanding academic background, be funded once postdoctoral talents scientific research

capabilities, and

scientific research

projects undertaken

Newly-established On the basis of the 500,000 yuan workstations municipal subsidies and and research project Substations 500,000 yuan starting funds and after Innovative practice the postdoctoral 200,000 yuan bases personnel are recruited.

50,000 yuan will be rewarded, and

Station-running units a bonus of 10,000 yuan will be Postdoctoral station with excellent results in rewarded for a postdoctoral assessment annually the annual assessment administrator engaged in the

specific work.

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1. Up to 100,000 yuan per

person per year will be

available for postdoctoral

personnel at the station as

personal living allowances. In addition to the 2. Up to 150,000 yuan will be preferential policies of available for postdoctoral the state, province and Postdoctoral personnel who continue to work in municipality, the personnel the Hengqin New Area after postdoctoral personnel leaving the station and sign a labor shall be also given contract for more than one year. preferential treatment. Up to 150,000 yuan will be

available once again for those who

have worked continuously for

more than three years in the

Hengqin New Area.

5,000,000 yuan will be available

for the first prize, 1000,000 yuan The postdoctoral For national-level prizes will be available for the second personnel who have prize and 500,000 yuan will be made one of the available for the third prize. following scientific 500,000 yuan will be available for research the first prize, 100,000 yuan will achievements during For provincial be available for the second prize the stay at the (ministerial) level prizes and 50,000 yuan will be available station for the third prize.

Publish papers in 1,000,000 yuan

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international academic

journals i.e. Nature or

Science.

100,000 yuan will be available for

a paper collected by JCR1, 80,000

yuan will be available for a paper

collected by JCR2, 60,000 yuan According to the Journal will be available for a paper Categories of Journal collected by JCR3 and 30,000 Citation Reports (JSR) of yuan will be available for a paper Chinese Academic of collected by JCR4; 20,000 yuan Sciences in the year will be available for a paper

collected by EI or the Chinese

Core Journals of Peking

University.

National-level project led

by postdoctoral 200,000 yuan

personnel

Provincial 100,000 yuan (ministerial)-level project

Up to 100,000 yuan will be Postdoctoral project available for each key (special) Chinese Postdoctoral project, up to 80,000 yuan will be Science Foundation led available each first-class funded by the postdoctoral project, and 50,000 yuan will be personnel available for each second-class

funded project.

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Project funded by the

provincial

(ministerial)-level 30,000 yuan

Postdoctoral Science

Foundation.

Postdoctoral Applicants should submit personnel are their applications 2 10,000 yuan per person for each encouraged to months before departure, meeting and the total amount of participate in the and shall be approved by each person shall not exceed international the Postdoctoral 30,000 yuan per year. academic Management Office. conferences

For the first inventor Patented domestic 500, 000 yuan for each during the stay at the invention station ( If the invention patented by invention has been US, Japan, European 100,000 yuan for each granted patents in countries or UN more than two invention patented by 50,000 yuan for each countries, the other countries payment of the application can be domestic patent of utility subsidized in no model or industrial 10,000 yuan for each more than two design countries.)

For the major achievements other than those mentioned above, the Leading

Group of the workstations in the Area shall discuss and decide on the specific methods and amounts of awards.

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The station-running unit must be the author’s affiliation of the above mentioned research papers, awards, projects or other scientific achievement and each achievement is only awarded to a postdoctoral scholar and is limited to the first author

(or the corresponding author) and the first accomplisher. All the awards shall be gained during the stay at the station and in consideration of the factors of time such as publication, publicity and assessment, the award is still valid within 2 years after the postdoctoral personnel leave the station. The criteria of national-level awards, provincial (ministerial)-level awards, national-level projects, (ministerial)-level projects shall refer to the assessment index system formulated by the National

Postdoctoral Management Office; awards won in other countries at the same level shall refer to these Measures. Reference: Provisional Measures for Postdoctoral Management in the Hengqin New Area (ZHXB No.34〔2016〕)

Policy 20: Hengqin New Area Industrial Office Support Provisional Measures Scope of application: The enterprises referred to in the Measures are those that have registered and settled down in the Hengqin New Area. They should have an independent legal person or independent taxpayer that pays taxes in accordance with the law. They should be in line with the Industrial Development Guide Catalog in the Hengqin New Area and promise not to move out of the Area within five years after receiving the office support and not to change their tax obligations in the Area. Office buildings referred to in the Measures are those located in the Hengqin New Area. The buildings should be newly built and have obtained real estate certificates (including ownership certificates and real estate certificates) since January 1, 2015 (included). The buildings are

53 / 94 planned for office use (including cultural creation, science and education research and development, high-tech development). Rental support: The rent support referred to in the Measures only applies to office buildings, and the property management fees, utilities and other expenses are not included. Enterprises should meet the requirements of article 2, and one of the following conditions: 1. The total enterprise income tax and value-added tax paid in the Hengqin New Area in the previous year shall be no less than 1 million yuan (excluding withholding individual income tax); 2. The service industry that has created over 10 million yuan in operating revenue or has more than 50 employees in the previous year. Besides, the statistics should have been included in the national statistic platform for network direct report. 3. The wholesale trade industry that has created over 20 million yuan in operating revenue, and the statistics have been included in the national statistic platform for network direct report. After verification, the rent will be given in the following year. The Standard is 50% of the monthly rent in the previous year (up to a maximum of 80 yuan/㎡). Rent standard: The area is calculated on the basis of the enterprise’s personnel (by the number of staff who have signed labor contract with the enterprises and paid social insurance) with a standard of 10 square meters per capita, and in principle, the area is no more than 2000 square meters. Application department:The Hengqin Bureau of Commerce Reference: Hengqin New Area Industrial Office Support Provisional Measures (ZHXB No.10〔2017〕)

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Policy 21: Measures for the Approval of Talent Introduction in Zhuhai For the talents conforming to any of the following conditions, the formalities of talent introduction may be handled directly upon approval of the human resources and social security department: (1) High-level talents recognized by Zhuhai Municipal Government, at the age of 60 or below (academician is not subject to the restriction on age); (2) The persons listed in municipal talent programs of Zhuhai, at the age of 60 or below; (3) The persons with municipal award of Zhuhai, or with award at provincial level or above after recommendation by Zhuhai; (4) The returned overseas students meeting the intelligence requirements of overseas talent introduction of Zhuhai; (5) This year’s graduates of regular higher education full-time junior college (higher vocational school) or above included in the national unified enrollment plan; (6) The graduates of regular higher education full-time college or above; (7) The graduates of regular higher education full-time junior college (higher vocational school), at the age of 35 or below; (8) The persons with non-full-time undergraduate education (bachelor degree is required), at the age of 35 or below; or the persons with non-full-time postgraduate education (or master or doctor degree), at the age of 40 or below; (9) The professional technical personnel with middle-level

55 / 94 professional technical qualification or occupational qualification or above; (10) The technical personnel conforming to any of the following conditions: 1. The highly skilled personnel with national senior professional qualification certificate (excluding the technical workers for employment and transfer restriction jobs in Zhuhai); technicians shall be at the age of 45 or below, and senior skilled workers shall be at the age of 40 or below; 2. The skilled personnel with national middle-level professional qualification certificate, at the age of 35 or below, and covered in the Catalogue of Urgently Needed Technical Jobs in Zhuhai; 3. The persons who have obtained the enterprise skilled personnel appraisal certificate according to the Measures for Enterprise Skilled Personnel Appraisal of Zhuhai; 4. The best six of various jobs (work types) in Level 1 professional skill competitions of Zhuhai, and the best three of various jobs (work types) in Level 2 professional skill competitions of Zhuhai. Note: For the business personnel urgently needed by an enterprise but not conforming to any of the aforesaid conditions, the enterprise shall submit an application to the human resources and social security department for recruiting, and the application shall be submitted to the municipal residence registration approval joint conference for decision after approval by the municipal human resources and social security department. Reference: Measures for the Approval of Talent Introduction in Zhuhai (ZF〔2017〕 No. 6)

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Policy 22: The Provisional Measures for Hosting Innovation Competition and Rewarding the Winners with Gratis Funds in the Hengqin New Area Targeted industries: The Innovation Competition focuses on emerging industries such as the information technology, biomedicine, digital economy, new materials, and marine economy. And teams that have made new achievements, and breakthroughs in core technologies and possessed industrial prospects are offered solid support. Number of the winners: The number of the winners shall not be more than 10 each year, of which 1 is special winner, 2 are Class A winners, 3 are Class B winners and 4 are Class C winners. The level of funding (RMB): 100 million for special winners, 50 million for Class A winners, 20 million for Class B winners and 10 million for Class C winners. The winners shall also meet the following requirements to be eligible for the funds: 1. They have registered a real company with an independent legal person in the Hengqin New Area, carrying out research and development and office activities in development zones integrated with Hengqin, bonded zones and Hongwan Area, and make a commitment not to moving out within 8 years and changing tax liability. 2. They are a team with at least 1 leader and 2 key members. They make commitment to submitting patent applications in the Hengqin New Area and having their team members work full-time over 3 months within it. 3. They have gone through close scrutiny of third-party specialized institutions.

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Reference: The Provisional Measures for Hosting Innovation Competition and Rewarding the Winners with Gratis Funds in the Hengqin New Area (ZHXB No.11〔2018〕)

Policy 23: Some Measures for Zhuhai Talent Program (Trial Implementation) Category Description Standard for reward of reward

Reward of RMB 2 million; eligible to Bring in Nobel Prize winner, apply for the housing subsidy of winner of State Science and RMB 6 million, or lodge in a house Technology Top Awards, of about 200 m2 without rental; the academicians of China and person having worked 8 years in the developed countries, and Zhuhai with outstanding other full-time top-level Top talent achievements will be given the house talents introduction free of charge.

and Maximum subsidy of RMB 1.5 Academician workstation cultivation million for the certified provincial established by enterprises and program and municipal academician institutions workstations

Academicians of the Chinese

Academy of Sciences and the Reward of RMB 6 million for each Chinese Academy of academician Engineering cultivated by the

entities of Zhuhai

High-level Appraised as Level 1, 2 or 3 Reward of RMB 1 million, RMB

talent high-level talents 600,000 and RMB 300,000

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support respectively; eligible to apply for the

program housing subsidy of RMB 2 million,

RMB 1.4 million and RMB 1 million

respectively, or purchase a co-owned

house of 160 m2, 120 m2 and 100 m2

respectively, with the property right

equally owned by the talent and the

government; the person having

worked 10 years continuously in

Zhuhai will be given the property

right of the government in the house

free of charge; if the person applies

for housing provident fund loan for

purchasing his/her first self-occupied

house, the credit line may be

extended to 5 times of the ceiling

limit of Zhuhai.

Innovation and business

starting teams in the strategic

emerging industries and Maximum subsidy of RMB 100 Innovation future industries under million and business focused development of starting team Zhuhai, having passed review support The teams in the innovation program and business starting team Maximum subsidy of RMB 5 million incubator, with promising

development potential, but

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not yet conforming to the

conditions of innovation and

business starting teams

High-level talent business Maximum subsidy of RMB 2 million starting projects

Municipal innovation and Supporting fund in a proportion of no

business starting team less than 0.5:1 to the municipal

projects financial support

Team projects submitted from Supporting fund in a proportion of l:1 Zhuhai and listed in the Pearl to the provincial financial support River Talent Program

Subsidy of RMB 150,000 to RMB 1

million and maximum subsidized

Returned overseas student loan of RMB 300,000 for the best Returned business starting projects projects; maximum subsidy of RMB overseas 5 million for the exceptionally student outstanding project introduction Enterprises founded by program returned overseas students in Maximum subsidy for venue rental of

the Returned Overseas 300 m2 in 3 years

Student Business Park

Newly established doctor Lump-sum subsidy of RMB 500,000

Doctor and workstation for station establishment

postdoctor Newly recruited full-time Living allowance of RMB 250,000 multiplying doctor at the age of 40 or for each person program below

Newly established Lump-sum maximum subsidy of

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postdoctoral research station, RMB 1 million for station

research workstation, branch establishment; duty allowance of

station, innovation and RMB 50,000 for each postdoctor

practicing base recruited

Living allowance of RMB 200,000

for each person each year; housing

Postdoctor at the station subsidy of RMB 500,000 for the

postdoctor out of station and working

in Zhuhai

Outstanding young talents in

enterprise technology R&D

and operation management in

modern industry field Reward of RMB 200,000 for each appraised by means of person innovation and business

starting competition, expert Young review, and enterprise innovative self-appraisal talent Project subsidy of RMB 150,000 to cultivation RMB 1 million for the best projects; program Self-employment of young maximum subsidy of RMB 5 million talents for the exceptionally outstanding

project

The persons with professional Housing subsidy of RMB 350,000 technical titles of professor and RMB 250,000 for each person level, at the age of 45 or respectively below, and those with

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professional technical titles of

associate professor level, at

the age of 40 or below, who

are newly recruited by

enterprises

RMB 38,000 for each person with

middle-level professional technical

title and each full-time master at the Young talents newly recruited age of 35 or below, and each senior by enterprises, with technician at the age of 45 or below; household registration in RMB 26,000 for each full-time Zhuhai undergraduate at the age of 30 or

below, and each technician at the age

of 40 or below

The person appraised as Maximum duty allowance of RMB

Zhuhai Craftsman 600,000

The person appraised as Reward of RMB 300,000 for the

Zhuhai Chief Technician employer

Highly Municipal highly skilled Lump-sum maximum subsidy of skilled talent talent training demonstration RMB 1 million for construction fund cultivation base and support Skill master studio, and Maximum subsidy of RMB 500,000

program technician workstation and RMB 300,000 respectively

Maximum reward of RMB 30,000 for Winner in municipal the winner, and financial support to professional skill competition the organizer

Winner from Zhuhai awarded Maximum reward of RMB 1 million

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in international, national or

provincial competition, and

his/her trainer team

Entitled to the housing policies of

housing subsidy, co-owned house,

High-level talents at Level 1, and preferential housing provident

2 or 3 fund loan; eligible to apply for

lodging in talent apartment without Talent rental in the transition period housing Eligible to apply for co-owned house, project talent apartment or government Talents at Level 4 or 5 public rental housing according to the

level of talent

Talents at Level 4 urgently Housing subsidy of RMB 200,000 for

needed in key industries each person

Intensifying

the Employers recruit high-end autonomy of talents by their own or Maximum reward of RMB 1 million enterprises through head-hunting according to the work performance and other company and other human

market resources service agencies

entities

Encouraging Enterprises recruit external

and experts by means of project Maximum remuneration subsidy of

supporting cooperation, technical RMB 400,000 for the eligible

flexible guidance, joint efforts to enterprise

talent make technological

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collaborative innovation to

work in Zhuhai for short term

Enterprises establish R&D

center, incubator and other Maximum subsidy of RMB 6 million offshore innovation center after appraisal and certification abroad to attract and employ

talents locally

Influential academic

conferences, professional

Supporting forums, technical seminars,

high-end and other events held by

academic well-known academic Maximum financial support of RMB exchanges institutions and professional 6 million for the eligible event and talent organizations from home and intermediary abroad, and various

service innovation subjects of Zhuhai

at the venues or permanent

sites in Zhuhai Reference: Some Measures for Implementing Zhuhai Talent Program to Accelerate the Gathering of Innovative and Business Starting Personnel in New Era (Trial Implementation) (ZZ No. 6〔2018〕)

Part Three-Relative Financial Policies Policy 24: Financial support to encourage the development of angel investment and venture capital investment (1) Subsidy for buying (leasing) house

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Application requirements: After the establishment in Zhuhai, subsidy for buying (leasing) house will be granted to the venture capital investment institution that has invested RMB 20 million or above in a venture enterprise or start-up enterprise of Zhuhai accumulatively from the year of achieving such investment amount. Standard for subsidy: Subsidy for buying house: RMB 1,000/m2; maximum subsidy for buying house is RMB 500,000 each institution. Subsidy for leasing house: RMB 30/m2 each month in the first year; RMB 20/m2 each month in the second year; RMB 10/m2 each month in the third year; the ceiling limit of total rental subsidies is RMB 200,000/institution/year. (2) Subsidy for venture capital investment risks 1. The invested enterprise is an unlisted start-up enterprise or venture enterprise in Zhuhai;  Start-up enterprise: An unlisted company incorporated in Zhuhai in the last five years, with net assets of no more than RMB 10 million, and annual sales amount of no more than RMB 10 million.  Venture enterprise: A growing-period enterprise incorporated in Zhuhai and in the course of founding or restructuring, excluding the listed enterprises. In general, the operation period of the enterprise since its establishment shall be no more than five years, and its annual sales amount shall be no more than RMB 30 million. 2. The investment capital has been paid, and the industrial and commercial change registration has been completed; 3. It is committed not to withdraw capital within three years after

65 / 94 completion of investment. Subsidy methods:  If a venture capital investment institution invests in a venture enterprise of Zhuhai in monetary form, the subsidy equivalent to 1% of the actual investment amount will be granted, and maximum subsidy for each investment amount is RMB 500,000;  For the investment in a start-up enterprise of Zhuhai in monetary form, the subsidy equivalent to 10% of the actual investment amount will be granted, and maximum subsidy for each investment amount is RMB 1 million.  For the investment by a venture capital investment institution in the same venture enterprise, the accumulative amount of the risk subsidies granted shall be no more than RMB 1 million. For the investment by a venture capital investment institution in the same start-up enterprise, the accumulative amount of the risk subsidies granted shall be no more than RMB 2 million.  The total subsidies granted to a venture capital investment institution each year shall be no more than RMB 2 million; for the venture capital investment institution that invests 60% of the raised funds or above in a start-up enterprise of Zhuhai, the total subsidies granted each year shall be no more than RMB 4 million.  For the project failed in venture capital investment in the incubator, in addition to the compensation paid to the venture capital investment institution from the provincial venture capital investment compensation fund according to 30% of the project investment loss, compensation will also be paid to the venture capital investment institution from the municipal finance according to 20% of the project

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investment loss. Application department: Hengqin New Area Financial Service Bureau

Policy 25: The Guide to Boost Private Equity in the Hengqin New Area Private equity refers to non-securities investment funds that are invested in the non-publicly traded enterprise equity and provide invested enterprises with added valued services. Private equity management enterprise refers to an investment company that manages and operates private equity Subsidy Standard: 1. The private equity management enterprise enjoys tax subsidy of 100% of the income tax that is retained in the local fiscal revenue for the first two years since its business registration in the Hengqin New Area, and enjoys the tax subsidy of 60% of that from the third to the fifth year since the registration. 2. The private equity management enterprise enjoys tax subsidy of 100% of its profit tax that is retained in the local fiscal revenue for the first two profit-making years and enjoys the tax subsidy of 60% of that from the third to the fifth profit-making year. 3. Enterprises or projects investing private equity in Hengqin New Area enjoy a subsidy of 10% of income tax for the investment cessation that is retained in the local fiscal revenue of Hengqin New Area. 4. The private equity enterprises that rent offices in the Hengqin New Area enjoy a rental subsidy of 30% of the market price for the rented floor area with the subsidy ceiling of 200,000 yuan each year for the first

67 / 94 three years upon being fully paid the registered capital and raise funds. Application department:Financial Services Bureau in the Hengqin New Area Reference: The Guide to Boost Private Equity in the Hengqin New Area (ZHXG No.22〔2012〕)

Policy 26: Provisional Measures for Promoting the Development of the Financial Leasing Industry in the Hengqin New Area Financial leasing institutions refer to legally registered and operated financial leasing companies, foreign-invested leasing companies, domestic-funded leasing companies and their branches and subsidiaries for leasing projects. Subsidiaries for leasing projects refer to the project subsidiaries that are set up by financial leasing institutions to segregate risks and to engage in financial leasing businesses for aircraft, ships, and large-scale equipment. Equipment refers to all types of equipment such as production equipment, communication equipment, medical equipment, scientific research equipment, inspection and testing equipment, engineering machinery equipment, and office equipment. Award: (i) The aircraft imported by financial leasing institutions under general trade and leased to domestic airlines shall enjoy the same preferential tax policies as aircraft imported by airlines. (ii) From January 1, 2014 to December 31, 2018, the financial leasing institutions carrying out aircraft leasing business shall be

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temporarily exempted from stamp duty on purchases and sales contract of the aircraft. Allowances shall be given to banks and other financial organizations to enter into financial leasing contracts while having financial leasing businesses, and to be applied a stamp duty rate of 0.005% for a loan contract when the stamp duty is levied on the total amount of rents written in the financial leasing contract. (iii) Financial leasing companies shall, at the end of each year, count and draw general reserves for the assets that bear the risks and losses, and the general reserve shall not, in principle, be less than 1.5% of the closing balance of risk assets. Losses incurred to financial leasing institutions may be deducted before taxation in accordance with the relevant provisions of the Enterprise Revenue Tax Law of the People’s Republic of China. If the equipment leased by financial leasing institutions is under specified conditions such as technological advancements has sped up product replacement and its depreciation should be accelerated, related methods to shorten the depreciation period can be adopted, but the minimum depreciation period shall not be lower than the 60% of prescribed period. Double declining balance method or sum-of-the-years-digits method may also be applied. (iv) The financial leasing institutions that are registered and operated in the Hengqin New Area shall be rewarded according to their contributions to the economic and social development of the Hengqin New Area: 1. Since the first tax year, the institution shall be rewarded for two consecutive years with 100% of its total annual financial contribution

69 / 94 to the Hengqin New Area, which is equal to the corporate tax and business tax paid by it; for the latter three years the institution shall be rewarded with 60% of its total annual financial contribution to the Hengqin New Area, which is equal to the corporate revenue tax and business tax paid by it. 2. Since the first tax year, the institution shall be rewarded for two years with 50% of its total annual financial contribution to the Hengqin New Area, which is equal to the value-added tax paid by it. 3. The financing lease institution with sale-leaseback businesses for government and commercial properties in the Hengqin New Area shall be rewarded with 100% of it’s total annual financial contribution to the Hengqin New Area, which is equal to contract tax paid when the institution purchase the property and the original owner repurchases it. If the ownership of the property has not been transferred to the original owner because the sale-leaseback business cannot be conducted under special circumstances, the institution shall refund the received award fund in full amount. 4. A financial leasing institution with cross-border financing business shall be rewarded according to its total annual financial contribution to the Hengqin New Area, which is equal to the withholding corporate income tax withheld and remitted by it for overseas companies. (1) If the contribution is more than 500,000 yuan, the reward shall be it’s 30%. (2) If the contribution is more than 1,500,000 yuan, the reward shall be it’s 40%. (3) If the contribution is more than 3,000,000 yuan, the reward

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shall be it’s 50%. Financial leasing institutions that meet the relevant regulations in Zhuhai may apply for relevant award funds. (v) If a financial leasing legal person institution with full registered capital in place leases office buildings in the Hengqin New Area for its own use, the rent subsidy will be given for 3 consecutive years in accordance with the actual leasing area. The unit price standard for rent subsidy shall not exceed 30% of the market price for housing rent (Up to 30 yuan per square meter), and the maximum subsidy area shall not exceed 1,000 square meters. If a financial leasing legal person institution has no self-used office buildings and purchases office buildings (excluding ancillary facilities and supporting rooms) for its use in the Hengqin New Area, it will be subsidized with 80% of its total annual financial contribution to the Hengqin New Area, which is equal to the contract tax paid when it purchased the self-used office buildings. The maximum subsidy area shall not exceed 1000 square meters. Subsidized office buildings may not be rented or sold to others for five years. Application department:Financial Services Bureau in the Hengqin New Area Reference: Provisional Measures for Promoting the Development of the Financial Leasing Industry in the Hengqin New Area (ZHXB No.36 〔2014〕)

Policy 27: Procedures of the Hengqin New Area Regarding Special Subsidies to Encourage and Promote the Listing of Enterprises Object Descriptions Awards

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Enterprises that have transformed into

joint-stock system and obtained their business Up to 500,000 licenses as joint stock companies under the yuan. guidance of stock brokers, lawyers, accountants Enterprises listed and other listed intermediaries on the New OTC Enterprises that are approved by qualified Market Up to 700,000 broker-dealers and apply for listing on the yuan. National Equities Exchange and Quotations

Enterprises listed on the National Equities Up to 900,000

Exchange and Quotations. yuan.

Enterprises that have transformed into

joint-stock system and obtained their business Up to 500,000 licenses as joint stock companies under the yuan. guidance of stock brokers, lawyers, accountants Enterprises listed and other listed intermediaries on the domestic Enterprises that have received counseling securities through intermediaries and filed application to Up to 1.5 exchanges the China Securities Regulatory Commission million yuan.

for listing

Enterprises listed on domestic stock Up to 2.8

exchanges million yuan.

The venue of registration of the enterprises

listed overseas is in the Hengqin New Area.

Oversea listed Enterprises that have gained oversea IPO by Up to 3 million

enterprise merging companies registered in the Hengqin yuan

New Area and overseas listed companies that

invest 50% of the listing funds into the

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companies registered in the Area and in return

receive a huge amount of revenue can apply for

the rewarding funds. Funds are paid to the

companies into which the listing funds from

oversea listed companies are invested.

Enterprises that have moved into the Hengqin New Area from Up to 2 million

outside of Zhuhai yuan.

Will be

rewarded with

2% of their Listed companies that have raised funds in domestic and oversea investment in capital markets through allotment of shares, follow-on offerings and the Area, and debenture issuance and invested over the 50% of the funds in the the rewards Hengqin New Area shall not be

higher than 1.6

million yuan.

The independent Up to 20,000 Enterprises listed on the other equity platforms legal enterprises yuan.

that were listed Will be and raised funds subsidized with

on other equity the 5% of the

platforms Enterprises engaged in debt funding on the general recognized by the other equity platforms through means such as revenues from

Management equity pledge these funds and

Committee shall the subsidy

be registered in shall not be the Hengqin New higher than

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Area. 100,000 yuan.

Will be

subsidized with

the 10% of the

trading Those engaged in fund-raising through means expenses and such as direct investment the subsidy

shall not be

higher than

100,000 yuan.

Enterprises uplisted from the New OTC Markets to the other domestic stock exchanges will be rewarded with up to 2.8 million yuan, and those uplisted to the oversea stock exchanges will be rewarded with up to 2 million yuan. Application department:Financial Services Bureau in the Hengqin New Area Reference: Procedures of the Hengqin New Area Regarding Special Subsidies to Encourage and Promote the Listing of Enterprises (ZHXB No.26〔2016〕)

Policy 28: Provisional Measures for Supporting the Development of Financial Education and Training Industry in the Hengqin New Area Financial education and training institutions refer to enterprises or organizations that specialize in education and training in finance, capital market, equity investment and financing, and equity incentives. Standard for Descriptions Note subsidy

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Each Institution that has 1. As determined by the carried out financial Leading Group, institutions education and training that promise not to relocate activities in the Hengqin out of the Hengqin New 100,000 yuan each year New Area for no less than Area within 5 years will be

60 days and trained no granted subsidies less than 6,000 members 2. Financial education and each year training institutions that

Each Institution that has have settled and are carried out financial operating in the Hengqin education and training New Area with cooperation activities in the Hengqin with top universities at 200,000 yuan each year. New Area for no less than home and abroad,

80 days and trained no significant influence at less than 8,000 members home and abroad, large each year scale of investment, and

Each Institution that has remarkable contributions to carried out financial the financial education of education and training Hengqin as confirmed by activities in the Hengqin the Leading Group, can 300,000 yuan each year. New Area for no less than implement the “One Case

100 days and trained no One Meeting” system on the less than 10,000 members confirmation conditions and each year supportive policies.

Each Institution that has 3. The training courses carried out financial 400,000 yuan each year. supported and paid by the education and training Management Committee,

75 / 94 activities in the Hengqin the Financial Bureau, the

New Area for no less than Financial Service Center

120 days and trained no and other relevant less than 12,000 members departments of Hengqin each year New Area, are no longer

counted in the number of

training days and personnel

specified above.

Each person shall be

granted a one-off

amount of 10,000 yuan

obtained one of the

advanced international

and domestic financial

certifications including For personnel who have Get employed by financial Chartered Financial received more than 40 institutions of the Area upon Analyst (CFA), Certified hours of training at course completion, have Financial Planner financial education and actually worked in the Area (CFP), Fellow of the training institutions in the and paid social insurance Society of Actuaries Hengqin New Area for one full year (FSA), Association of

Chartered Certified

Accountants (ACCA),

Chartered Wealth

Manager (CWM) and

Registered Financial

Consultant (RFC), if

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they get employed by

financial institutions of

the Area after course

completion, have

actually worked in the

Area and paid social

insurance for one full

year, each person shall

be granted a one-off

amount of 20,000 yuan

as training subsidy. Application department:Financial Services Bureau in the Hengqin New Area Reference: The Provisional Measures for Supporting the Development of Financial Education and Training Industry in the Hengqin New Area (ZHXB No.8〔2017〕)

Policy 29: Measures for Supporting the Development of the Quantitative Investment Enterprises and FinTech Enterprises of the Hengqin New Area Quantitative investment enterprises refers to the securities investment institutions that, by means of various investment instruments, invest in the secondary securities markets or all sorts of futures markets both at home and abroad through legal channels, whose trading strategies are formulated with the aid of computers and statistical and mathematical methods. FinTech enterprises refers to the innovative enterprises that provide

77 / 94 financial services, with the exception of those manufacturing traditional financial equipment, by means of artificial intelligence, mobile Internet, cloud computing, big data, and other technical means to innovate in and reshape financial products, services, and organizations, etc.. Qualifications: These Measures shall apply to the quantitative investment enterprises and FinTech enterprises newly introduced, having been registered in the industrial and commercial bureau and tax bureau, and operating within the Hengqin New Area.

Enterprises having more than 1 employee with senior managerial experience in one of the top 500 financial institutions, and more than 10 employees with a master's degree or above in Finance, Mathematics, 1 million yuan

Statistics, Physics, Computer Science, Electrical

Engineering, and other disciplines related to financial science and technology.

Enterprises having more than 3 employees with over 5 years of working experience in the fields of quantitative investment and financial science and technology, and more than 6 employees with a master's degree or above 500,000 yuan in Finance, Mathematics, Statistics, Physics, Computer

Science, Electrical Engineering, and other disciplines related to financial science and technology.

Enterprises having more than 2 employees with over 3 years of working experience in the fields of quantitative 300,000 yuan investment and financial science and technology, and more than 5 employees with a master's degree or above

78 / 94 in Finance, Mathematics, Statistics, Physics, Computer

Science, Electrical Engineering, and other disciplines.

Each subsidy shall not Quantitative investment enterprises and FinTech exceed 50,000 yuan, and enterprises having been registered in the Hengqin New the total amount of the Area and operating within the Area to organize talent annual subsidy for each recruitment activities in the first-tier cities of mainland enterprise shall not exceed China, and in Hong Kong, Macao, and Taiwan 200,000 yuan.

For enterprises failing to meet the above-mentioned three conditions in this article, but recognized by the Leading Group as quantitative investment enterprises or

FinTech enterprises with large-scale investment and management, outstanding performance in the industry, outstanding contributions to the development of the financial industry of the Hengqin New Area, or led by professionals selected for the the Thousand Talents Plan or by talents with a doctoral degree, corresponding financial support of no more than 1 million yuan will be available under the unified standard set by the Financial Service Center.

The personnel of the enterprises who meet the requirements of the work experience mentioned in this article shall commit to work no less than 60 working days per year within the Hengqin New Area, and those who meet the education requirements shall pay the social insurance and commit to work no less than 160 working days per year within the Area.

The financial funds stipulated in this article shall be allocated to the account of the enterprises registered in the Hengqin New Area for two years, with 70% and 30% respectively. Application department:Financial Services Bureau in the Hengqin New Area Reference: Measures for Supporting the Development of the

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Quantitative Investment Enterprises and FinTech Enterprises of the Hengqin New Area (ZHXB No.30〔2017〕)

Policy 30: Provisional Rules for Managing Angel Investment Fund in the Hengqin New Area The Angel Investment Fund refers to the fund which is funded by Industry Investment Funds of the Hengqin New Area and state-owned enterprises affiliated with the Area and support early entrepreneurship programs by means of equity investment and policy-related price reduction. Enterprises applying for Angel Fund should meet the following criteria: 1. The business scope should be consistent with the Special Management Measures (Negative List) for the Access of Foreign Investment in the Pilot Free Trade Zones issued by the General Office of the State Council and Guiding Catalogs of Industrial Development in the Hengqin New Area issued by the National Development and Reform Committee. 2. The venue of incorporation and both the registration addresses of national tax and local tax should be within the Hengqin New Area. Enterprises should not move out of the Area in an agreed period after receiving the investment from the Fund. 3. The founders of the enterprises should be academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering, members of the Recruitment Program of Global Experts, leading figures returned form overseas, excellent middle-level executives or above in large and medium-sized enterprises at home and abroad or associate

80 / 94 researchers in universities or research institutions. The founders and the core management teams have no significant poor credibility record, criminal record or violation record. 4. The history should not exceed 5 years and the prime operating revenue should not exceed 30 million yuan before and in the year of application. 5. The industry has large market capacity and good development prospects. 6. The ownership should be clear and reasonable, and the management system should be complete and sound. For enterprises with strong innovative abilities, new business models and huge market potentials, criteria may be broadened by approval of the Investment Fund Management Committee of the Hengqin Government (hereinafter referred to the “Fund Management Committee”). Reward standard: In principle, the Angel Fund shall not take more than 30% of the shares of enterprises after acquiring equity and shall not be the largest shareholder. In principle, the single support amount of the Angel Fund's to enterprises shall not exceed 5 million yuan, and the cumulative support amount to a same enterprise shall not exceed 20 million yuan. Upon the decision through the negotiations of the Fund Management Committee, the investment quota and exit price of major projects should be submitted to the Director's Office of the Management Committee for deliberation at meetings. Reference: Provisional Rules for Managing Angel Investment Fund in the Hengqin New Area (ZHXB No.34〔2017〕)

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Policy 31: Support Measures for Promoting the Development of the Insurance Industry of the Hengqin New Area Reward object: Insurance institutions and insurance intermediary institutions which are legally registered in the Hengqin New Area and pay taxes according to the law, insurance service businesses which are set up by insurance institutions and their solely-owned or holding companies, and which are legally registered in the Hengqin New Area and pay taxes according to the law, and other relevant insurance institutions. Insurance institutions as mentioned in this Support Measures means insurance group (holding) companies, insurance companies, insurance asset management companies, reinsurance companies and other corporate bodies and the branches thereof legally established within the territory of the People’s Republic of China. Insurance intermediary institutions as mentioned in this Support Measures means insurance brokerage institutions, insurance agencies, insurance assessment institutions and other corporate bodies and the branches thereof legally established within the territory of the People’s Republic of China. Reward oject Standard for reward

According to 1% of the institution’s

practical registered capital or working

Insurance institutions and insurance capital, a one-off financial support with intermediary institutions with the no more than 10 million yuan shall be registered capital less than 1 billion yuan given. According to 1% of the

institution’s practical registered capital

or working capital, the primary and

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secondary branches of the

afore-mentioned financial institutions

shall be given a one-off financial support

with no more than 3 million yuan.

Back office service institutions like the business headquarters and the operation A one-off subsidy of 5 million yuan management centers of insurance institutions.

The first-level branch of an insurance One-off subsidies of 5 million yuan institution

The second-level branch of an insurance One-off subsidies of 500,000 yuan institution

Insurance service businesses with the registered capital over 1 billion yuan, which are set up in the Hengqin New

Area by insurance institutions and their On a case by case basis, a maximum solely-owned or holding companies, and subsidy of 5 million yuan will be granted. which have made significant contributions to the development of the

Area’s insurance industry or of the Area’s economy.

The corporate headquarters whose paid-in

capital increases by 0.5-1 billion yuan The corporate headquarters of insurance will be granted a one-off subsidy of 2 institutions are encouraged to increase million yuan. For those with an increase their registered capital. of 1-2 billion yuan, a one-off subsidy of 5

million yuan will be granted. For those

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with an increase of over 2 billion yuan, a

one-off subsidy of 10 million yuan will

be granted.

One-off subsidies of 2 million yuan, 5 Corporate headquarters of insurance million yuan and 10 million yuan will be institutions originally registered in the granted to those headquarters whose Hengqin New Area and later registered volumes of merger and acquisition again in the Area after merging one or (M&A) transactions reach 0.5-1 billion more financial institutions outside the yuan, 1-2 billion yuan and over 2 billion Area. yuan respectively.

1 million yuan for each increase of 10 The insurance asset management billion yuan in the volume of the asset companies registered in the Hengqin New under their management, but the Area and approved by the Insurance cumulative subsidies should not exceed Regulatory Commission 10 million yuan.

The “Award for the Reform and

Innovation in the Insurance Industry” will be granted to those that have made significant contributions to promoting major reforms and product and service A maximum total reward of 10 million innovation in the insurance industry. yuan for insurance institutions and

The “Award for Special Contributions in insurance intermediary institutions in the the Insurance Industry” will be granted to Area. those that have contributed remarkably to the local economic and social development and the advancement of the insurance industry.

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Application department: Financial Services Bureau in the Hengqin New Area Reference: Support Measures for Promoting the Development of the Insurance Industry of the Hengqin New Area (ZHXB No.35〔2017〕)

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Appendix Catalogue of the Enterprise Income Tax Preferences in Hengqin New Area I High Tech

1. R&D and manufacturing of digital multifunctional radar machines, special equipment and components

2. R&D and manufacturing of safe drinking water facilities and advanced water purifiers

3. Development of technologies and services related to marine pharmaceutical and biochemical products

4. Development of systems software, middleware, embedded software and support software

5. Development of Computer Aided Software Engineering, Chinese and multilingual processing software, graphics and imaging software etc.

6. Development of enterprise management software, e-commerce software, e-government software, financial information software etc.

7. R&D and manufacturing of next-generation internet system devices, terminal devices, testing devices, software, and chips on the basis of IPv6

8. Development and construction of networks and key equipment technologies for application in industry and enterprise such as information systems; sensor network nodes, software and system technologies, database technologies

9. Development and manufacturing of third generation and subsequent mobile communication systems, base stations, core network equipment and network testing equipment

10. Development and manufacturing of high-end routers and network switches of over one gigabyte

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11. Development of value-added business services and application systems based on telecommunications, radio and television and computer network integration

12. Development of the latest network information services such as search engines, and mobile internet technology research

13. Development of optical transmission technologies, small access devices, wireless access technologies, mobile communication, quantum communication technologies, optical communication technologies

14. Development of soft switch and VoIP systems, business operation support systems, telecommunications networks and value-added business application systems

15. Development of online data and transaction processing, IT infrastructure management and data center services, mobile Internet services, telecom value-added services such as Internet conference television and image application system

16. Development of digital audio and video technologies, digital broadcasting and television transmission technology, integrated radio and television network management system technologies, integrated network operation management systems, IPTV technologies, high-end personal media information service platforms

17. Design services and development of the overall design scheme of smart products, ergonomic engineering and systems simulation

18. Development and production of smart power grid technologies and micro grid and distributed energy supply technologies

19. Development of advanced traffic management and control technologies, and technologies for basic traffic information collection, processing equipment and related software; development and application

87 / 94 of pre-warning technology for public transportation accidents; development of urban traffic control systems, taxi service dispatching information systems, and safety supervision systems for commercial vehicles

20. R&D of air traffic control systems, operational security systems for the new-generation of civil aviation, application systems for satellite communication, application service systems of satellite navigation 21. Development of environmental safety monitoring and pre-warning technologies, and optical monitoring of emergency management technologies

22. Development of food safety technology, and technologies for biological catalysis, reaction and separation

23. Development of cultivation and selective breeding techniques of rare animals and plants

24. R&D of supporting power grids and charging stations for new energy vehicles

25. Development and production of electric power security technologies, and new lightning over-voltage protective materials and technologies

26. R&D and application of new-type polymer-based functional materials, and R&D and production of bio-based material manufacturing, bio-based synthetic polymer materials, natural biopolymer materials, and bio-based platform compounds

27. Development of solar photovoltaic technology, with focus on the development of photovoltaic grid-connection technologies with more than 90% localization rate of system integration equipment; development of solar thermal power-generation technology 28. Design and development of technologies related to wind turbines of

88 / 94 level 1.5 MW and above and wind power technologies.

29. Marine biomass energy, ocean energy (including tidal energy, current energy, wave energy, etc.) technology development

30. Development of energy systems management, optimization and control technologies, key support for urban heat balance and energy saving, green construction, intelligent city lighting and green lighting systems

31. Development of urban sewage treatment and reuse technologies and key supports for safe drinking water and advanced water purification equipment

32. Development of key technologies related to urban ecological systems

33. Development of technologies for ecological monitoring, assessment and rehabilitation of the urban ecological system; persistent organic pollutants (POPs) and alternative technologies and technologies related to contaminated soil remediation

34. Development of environmental safety monitoring and early warning, emergency disposal optical monitoring technologies

35. Development of urban water saving technologies and equipment manufacturing; rain water, seawater, brackish water utilization technology; reclaimed water collection and utilization technology and engineering

36. Development of public service support platform technologies in industrial areas 37. Development of multi-dimensional or three-dimensional printing technologies, marine engineering equipment R&D and research into the

89 / 94 applications of such technologies II Health & Medicine

1. Development and production of new drugs with independent intellectual property rights, natural medicines, and new drugs for family planning (including the third surrogate hormonal birth control pills) The initial development and production of generic drugs for the prevention and control of multiple major diseases, development and production of new drug formulations and new auxiliary materials. Development of membrane separation and supercritical fluid extraction in the process of drug production, new crystallization, chiral synthesis, enzymatic synthesis, biological conversion and automatic control technologies. The development and application of API production of energy saving and emissions reduction technology, new technological developments and applications of drug preparations

2. The development and production of modern biotech drugs, vaccines and drugs for the prevention and treatment of major infectious diseases, new diagnostic reagents, as well as the development and application of large-scale cell culture and purification technology, large-scale pharmaceutical polypeptide and nucleic acid synthesis, fermentation and purification technology, and the use of modern biological technologies to transform traditional production processes

3. The development and production of new pharmaceutical packaging materials and associated technologies (primary water resistant pharmaceutical glass, biodegradable materials, functional materials with lucifugal function, high barrier property and high permeability, packaging of new drugs and development of new delivery methods and packaging material for medicine without benzene ink printing, etc.).

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4. The development and production of artificial breeding technologies for scarce and endangered medicinal plants and animals and their substitutes; the application of advanced agricultural technologies in standarized planting and breeding of Chinese herbal medicine; the development and application of new technologies for the extraction, purification and quality control of active ingredients in traditional Chinese medicine; development and application of process technology, production process control technology and equipment for modern formulation of traditional Chinese medicine; development and application of innovative technology of Chinese herbs; secondary development and production of Chinese patent medicine.

5. The development and production of new medical diagnostic instruments and equipments, minimally invasive surgery equipments and interventional therapy instruments, first aid and mobile medical equipments, rehabilitation engineering equipments, household medical equipments, new family planning tools ( the third generation of the intrauterine device), new medical materials, artificial organs and key components; the development and application of digital medical imaging products and health information technology.

6. Products and R&D of traditional Chinese medicine and health care

7. Construction of TCM research institutes, laboratories, and workshops of famous and veteran TCM doctors

8. R&D of proprietary Chinese medicine in accordance with the characteristics and laws of traditional Chinese medicine 9.Proprietary Chinese medicine development, testing, certification

91 / 94 and market promotion

10. New medicine research and development and production process of new varieties

11. Replacement, repairing, improvement, or regeneration of human tissue organ, regenerative medicine industry such as technology,product R&D and production

12. Development and production of medical equipment, key components, and medical apparatus

13. Pharmaceutical R&D center III Science and Education Development

1. National or foreign scientific research institutions branches

2. Microelectronics, computer, information, biology, new materials, environmental protection, machinery and equipment, automobile, shipbuilding and other advanced manufacturing R&D centers

3. Industrial design, biology, new materials, new energy, surveying and mapping, other professional technology services, product quality certification and quality inspection services

4. R & D of on-line data and transaction technology, of IT facility management and data centers, mobile internet technologies as well as of internet-based video conference and image application system. 5. Development of industrial enterprises management and information technology solutions

6. Development of Web-based software service platforms 7. Development of digital technologies, high speed computing technologies, cultural information resources and the sharing of technological developments

8. Data recovery and disaster services, information security, network

92 / 94 security emergency support services, cloud computing security services, information security risk assessment and advisory services, information equipment and software safety assessment services, password technology product testing services, level of information system security design services

9. Technology-advanced services, such as outsourcing of information technology, business process, knowledge process, etc. 10. Cloud computing, Internet, Internet of Things(IOT), R&D services of new media technology IV Cultural creation

1. R&D of animation, game creation and derivative products

2. Cultural creation design

3. R&D of folk culture products and handicrafts

4. Industrial design platform, auxiliary design center, rapid prototyping center and technology development and design service of sophisticated mold manufacturing

5. R&D of digital products such as digital music, mobile media, digital games, digital learning, digital film and television, digital publishing and archives, etc V Business Services

1. Logistics information platform 2. Third party logistics

3. Information technology and business process outsourcing services concerning management and maintenance of system application, management of information technology support, bank back office, financial settlement, human resource, software development, call center and data processing, provided by way of undertaking service

93 / 94 outsourcing 4. Supply Chain Management and Consultantion

5. Integration Information Service Based on Cloud Computing

6. Cross-Border Database Service

7. Construction and Service of Boardband Comminication Infrastructures

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