Ten Policies for Promoting A New Round of Innovative Economic Development of Fuzhou City (Abstract)
Ten Policies for Promoting A New Round of Innovative Economic Development of Fuzhou City (Abstract)
Eight measures for speeding up the development of headquarters economy in Fuzhou city
I. Headquarters enterprises newly registered after 2015(inclusive) and identified within five years can be regarded as headquarters enterprises newly brought in.
Forbes Fortune Global Top 500, Top 500 Enterprises of China (China Enterprise Directors Association), and Top 500 Enterprises in Service Industry of China (China Enterprise Directors Association) can be identified as comprehensive headquarters enterprises when they newly establish a headquarters oraregional headquarters with independent legal person qualification in our city and pay taxes of over RMB 30 million (inclusive) intheprevious year.
II. Since 2016, the comprehensive headquarters enterprises identified will be given a lump-sum reward of RMB 2 million if rated as one of the Top 500 Enterprises in the Service Industry of China for the first time; will be given a lump-sum reward of RMB 5 million if rated as one of the Top 500 Enterprises in China for the first time; and will be given a lump-sum reward of RMB 20 million if rated as one of the Forbes Fortune Global Top 500.
III. Identified comprehensive headquarters enterprises which newly establish branches outside the administrative region of the city will be givenareward of 30% of the local retained portion of the annual tax payment to the city by newly established branches.
IV. Sales centers, operation centers and R&D centers with independent legal person qualification and payingcorporate income taxes in our city, and which meet the following conditions, can be identified as functional headquarters.
(A) Sales centers (excluding real estate industry) that conform to the condition of annual sales volume reaching over RMB 500 million, with a paid-in capital of over RMB 30 million and an annual tax payment of over RMB 15 million can be identified as the functional headquarters of sales center.
(B) Operation centers that conform to the condition of annual turnover reaching RMB 300 million, total assets oftheparent company reaching over 2 billion and with at least 2 branches in China can be identified as the functional headquarters of operation center.
(C) R&D centers that conform to the condition of a paid-in capital reaching over RMB 10 million, annual tax payment over RMB 3 million, the original value of equipment used for R&D not less than RMB 10 million, the annual total R&D expenditure oftheprevious year not less than RMB 30 million, andthe number ofresident researchersnot less than 30 can be identified as the functional headquarters of R&D center.
V. Functional headquarters of sales center, operation center and R&D center identified can enjoy the following policies.
(A) Functional headquarters of sales, operation, R&D newly registered after 2015 (inclusive) can be givena subsidy1%-3% of paid-in capital, the maximum of which is RMB 10 million.
(B) Functional headquarters of sales, operation, R&D identified can enjoy an office subsidy of up to RMB 5 million and operation contribution award of RMB 5 million.
(C) If the functional headquarters of sales, operation, R&D are upgraded into comprehensive headquarters, they can be given a reward of RMB 2 million.
VI.Headquarter enterprise identified can enjoy the following talent preferential policies.
(A) Senior management personnel of identified headquarters enterprises, who pay an annual tax of over RMB 30,000 and special technical personnel (including business personnel with outstanding contribution) who pay an annual tax of over RMB 50,000, can be givena reward of50% of the local retained part of personal income tax of wages in the previous year. The city department of education will arrange good quality school for their children to study in kindergartens, and primary and secondary school for receiving compulsory education.
(B) As for the identified comprehensive headquarters enterprises, each will be given two places for introducing talents each year within 5 years. Once verified by the Human Resources and Social Security Bureau, they can enjoy the preferential treatment of talents supporting subsidy of RMB 200,000, and other preferential policies in children’s school entering and transferring, and accommodation of their spouse according to theService Measures for Introducing High-level Talents in Fuzhou City.
(C) The senior management personnel of comprehensive headquarter enterprise identified will enjoy the medical treatment of senior management personnel of headquarter, no more than 5 for each enterprise.
VII. Encouraging rapid development of headquarters economy in construction industry
(A) As for enterprises of construction industry outside the city moving its registration place into our city will be given a reward of RMB 1.2 million if its output value in Fuzhou reaches 1.5 billion and pays a tax of over RMB 15 million; when the output value increases by RMB 1 billion and tax payment increases by RMB 8 million, the reward money will rise by RMB 500,000.
(B) As for the construction and installation enterprises establishing headquarters or subsidiaries in our city (subsidiaries should be independent legal persons or be authorized to undertake project payment settlement) which provide construction service outside the city or the enterprises of Fuzhou providing construction service outside the city and paying value added tax, they will be given a reward of 30% of local retained part of its tax payment to the city.
(C) A reward of RMB 3 million will be given for enterprises granted the special qualification; a reward of RMB 1 million will be given to enterprises promoted as the first class general contractor and a reward of RMB 500,000 will be given for enterprises promoted as the professional contractor.
VIII. To encourage financial institutions to set up headquarters in the city
(A) Various financial institution headquarters such as banks, securities company, insurance company, futures company, trust company, financial rental company, consumption finance company, financial company, financial holding company and assets management company newly registered in our city whose registered capital is between RMB 100million and RMB 200million, will be given a reward of RMB 2 million; if the registered capital is over RMB 200million, each additional RMB 100million will be rewarded RMB 1 million with the cap of RMB 10 million.
(B) Domestic and foreign banks, securities institutions establishing regional headquarters (unincorporated body) in our city whose operation capital is between RMB 50 million and RMB 100 million will be given a reward of RMB 500,000; whose operation capital is between RMB 100million and RMB 200million, will be given a reward of RMB 1.5 million; whose operation capital is over RMB 200million, will be rewarded RMB 2 million. Domestic and foreign insurance institutions establishing regional headquarters (unincorporated body) in our city will be given a lump-sum reward of RMB 500,000.
Five measures to support technological upgrading of enterprises
I. To establish enterprise technological upgrading fund of Fuzhou City
On the basis of making good use of Fujian Enterprise Technological Upgrading Fund (the amount of Fuzhou is RMB 1.28 billion), we will set up the Fuzhou Enterprise Technological Upgrading Fund. The Municipal Finance Bureau and the financial office of each county (city), district and Fuzhou high-tech zone will invest RMB 300 million and the municipal investment management company will act as the representative of sponsors to bring in related financial institutions. With an initial scale of RMB 2.72 billion, totally amounting to RMB 4 billion, the fund is specially used for investing the city’s advanced capacity expansion and efficiency increasing, intelligent transformation, servicing manufacturing, strong industrial basis project, improving quality brand, green ecological development, technological achievement transformation and public service platform.
II. To support technological upgrading of enterprises by means of innovative financial service
The loan limit of RMB 6 billion provided by financial institutions such as Fujian Haixia Bank, is specially used for key technological upgrading projects of industrial enterprises of our city and preferential interest rate is also provided. The city’s financial bureau provides special fund for interest turnover of projects.
III. To give subsidy for investing in technological upgrading projects of enterprises
As for the annual fixed assets investment amount (plants and equipment) of enterprise technological upgrading projects up to RMB 20 million, a subsidy of 2% of annual fixed assets investment amount will be given to the enterprise, which is no more than RMB 5 million.
IV. To give subsidy to intelligent technological upgrading projects of enterprises
As for the annual fixed assets investment amount (plants and equipment) of enterprise intelligence technological upgrading projects up to RMB 20 million, a subsidy of 3% of annual fixed assets investment amount will be given to the enterprise, which is no more than RMB 5 million.
V. To give subsidy to the technological upgrading of intelligent equipment manufacturing enterprises
As for the annual fixed assets investment amount (plants and equipment) of complete equipment project of manufacturing automation (intelligence) invested by enterprises up to RMB 20 million, a subsidy of 3% of annual fixed assets investment amount will be given to the enterprise, which is no more than RMB 8 million.
Four measures to support the technological R&D of enterprises
I. To give rewards for company’s establishing technological center
The technological centers of enterprises newly identified will be given rewards, among which the technological center of enterprise at national-level will be rewarded RMB 2 million, the technological center of enterprise at provincial level will be rewarded RMB 700,000, and the technological center of enterprise at city-level will be rewarded RMB 300,000. Such incentives can be enjoyed repeatedly.
II. To give rewards for company’s establishing industry design center
The industrial design centers of enterprises newly identified will be given rewards, among which the industrial design centers of enterprise at national-level will be rewarded RMB 800,000, the industrial design centers of enterprise at provincial level will be rewarded RMB 500,000, equipped with RMB 200,000 and the industrial design centers of enterprise at city-level will be rewarded RMB 300,000. Such incentives can be enjoyed repeatedly.
III. To give rewards for company’s performing cooperation among industries, academic institutions and research facilities
As for the core technological breakthroughs undertaken by enterprises, universities and scientific research institutes and the projects jointly developed by enterprises, academic institutions and research facilities, a reward of 300,000 will be given.
IV. To give rewards for company’s researching and applying new products
(A) Every year, the city will choose 10 outstanding innovative products of industrial enterprise through public appraisal and give rewards according to the rank, among which the first prize is RMB 1 million, the second prize is RMB 500,000 and the third prize is RMB 300,000.
(B) As for the inventions and patents developed independently by industrial enterprises and listed into the Fujian patent technology implementation and industrialization plan, they will be given another 50% of supporting rewards of provincial subsidy on the basis of the provincial reward, the limit of which is RMB 1 million.
(C) As for the enterprises certified to develop the first (set) of major technological equipment of Fujian (including intelligent manufacturing equipment), they will be given another 50% of supporting rewards of provincial subsidy on the basis of the provincial reward, the limit of which is RMB 2 million.
(D) As for enterprises applying the first (set) of major technological equipment of Fujian (including intelligent manufacturing equipment) developed by enterprises of Fuzhou city, they will be given 15% subsidy of the equipment purchasing price, the limit of which is RMB 2 million.
Two measures to support industrial enterprises to set up their own brands
I. To give rewards for cultivating international brands
Industrial enterprises will be given a reward of RMB 10 million if listed into the Top 500 World Brand published by the world brand laboratory; and industrial enterprises will be given a reward of RMB 5 million when listed into the Top 500 Asian Brand.
II. To give rewards for cultivating domestic brands
(A) Industrial enterprises will be given a reward of RMB 1.5 million if listed into the China’s Top 500 Most Valuable Brand published by the world brand laboratory.
(B) Industrial enterprise will be given a reward of RMB 1.2 million if certified as a famous trademark.
(C) As for regional brands listed in the Chinese brand value evaluation information list, a reward of RMB 400,000 will be given to each applying unit and another RMB 600,000 will be given to the top three enterprises entering the list.
(D) The industrial enterprises identified as the industrial brand development demonstration enterprise by the Ministry of Industry and Information Technology will be given a reward of RMB 300,000.
(E) The industrial enterprises identified as the industrial brand development demonstration enterprise of Fujian province will be given a reward of RMB 100,000.
(F) The industrial enterprises identified as “Fujian Famous Trademark and “Fujian Famous Brand Product” will be given a reward of RMB100,000 respectively.
Five measures to support enterprises to go public
I. To establish the “Guiding Fund for Enterprises to Go Public in Fuzhou City”, with the total amount up to RMB 500 million, mainly used for listed enterprises or back-up enterprises to go public. It promotes listed company to conduct private placement, mergers and acquisitions, optimizes the selection of back-up enterprises to go public to conduct equity investment.
II.Financial institutionsto provide credit support. Banking institutions in Fuzhou such as Fujian Branch of Export-Import Bank of China and Fujian Branch of Agricultural Bank of China will provide customized financing plans and loans with preferential rate for back-up enterprises to go public with reasonable capital need. Policy-based guarantee companies will also provide them withfinancing guarantees to reduce the cost of credit.
These two measures will be practiced according to the work pattern of cooperation between government, banks and insurance company and linkage for the investment, loan and insurance. The specific plan will be released by the city’s finance office.
III. Rewards for going public
(A) The enterprises completing filing in Fujian province securities regulatory bureau and entering the guidance period will be given a reward of RMB 1 million.
(B) The enterprises filing going public materials to China Securities Regulatory Commission and obtaining acceptance letter will be given a reward of RMB 1 million.
(C) As for the enterprises involved in back-door listing, if they move the registered place into Fuzhou and promise not to transfer within ten years, they will be given a lump-sum reward of RMB 2 million.
IV. To pay taxes in installment. When small and medium sized high-tech enterprises restructure and set up limited liability company, converting the undistributed profits, surplus reserve and capital reserve increment into share capital of individual shareholders, if there is difficulty for individual shareholders to pay personal income tax on a lump-sum basis, they may draft installments payment plan according to the actual situation, which should be paid by installments in no more than 5 calendar years.
V. To service enterprises on one-on-one basis. If a back-up company to go public encounters any difficulty or problem during the process of going public, concerning issues waiting to be solved by the city such as the approval of land use, changes in ownership, tax paying, environmental evaluation, and industrial and commercial registration, the city’s finance office will convene related departments for coordination and report to the city government for research, examination and approval.
Seven measures to encourage the introduction of high-caliber talents
I. To give rewards to high-caliber talents introduced
(A) Talents introduced from other countries, once identified as high level talents of type A, B and C will be given RMB 2 million, RMB 1 million and RMB 500,000 respectively when moving into the city.
(B) Talents brought from other cities, once identified as high level talents of type A, B and C will be given RMB 1 million, RMB 500,000 and RMB 250,000 respectively when moving into the city.
(C)Talents of type A, B and C identified and in line with requirement specified in theHousing Guarantee Plan for Fuzhou Entrepreneurial and Innovative talents (trial)will enjoy a lump-sum housing subsidy of RMB 800,000, RMB 600,000 and RMB 450,000 when purchasing talent apartment of 160 square meters, 120 square meters and 90 square meters respectively.
II. To give rewards to introduced graduate students of specialty in short supply
The full-time graduate students, doctoral students of universities included in the "985 project", "211 project" and foreign famous universities, national research institutions coming to work in Fuzhou, and signing a three-year labor contracts with the enterprises, once identified as the talent in short supply of Fuzhou, will be given a talent reward of RMB30,000 for graduate student, RMB50,000 for doctoral student respectively by installment after moving into the city for one year.
III. To give income tax return reward to various kinds of high-caliber talent of the enterprise identified
Various high level talents of enterprises identified and whose annual personal income tax is not less than RMB 30,000, will be given a reward of 50% of the retained part of its personal income tax payment to the city, with the rewarding term of 5 years.
IV. To give rewards to agencies or individuals for introducing high-caliber talentsfrom other countries
Human resources agencies, enterprises and public institutions or individuals introducing high-caliber talentsfrom other countriesto conduct innovative entrepreneurship, once the talents are identified as type A, B and C after moving into the city, will be given a reward of RMB 200,000, RMB 100,000 and RMB 50,000 respectively.
V. To give rewards to enterprises for establishing post-doctoral research workstation
The enterprises with newly established post-doctoral workstation will be given a subsidy of RMB 1 million.
VI. To allow to establish apartments for talents
Allow to construct the talent apartment by using the model of limiting the land price, and equipping the construction for the highest bidder in the process of operational real estate land transfer. Talents eligible for applying the purchase of the house can make an application according to theHousing Guarantee Plan for Fuzhou Entrepreneurial and Innovative talents (trial).
VII. To allow each park to build its own talent apartment
Base on the premises of conforming the overall plan of land use, and plan of city construction, we will allow various park to make use of its own land to establish talent apartment in the form of public rental house. The talent apartments, talent relocation houses listed in the affordable housing projects will enjoy the preferential policies of the affordable housing construction and operation in land use, capital, tax and charges.
Five measures to speed up modern career education development
I. To add majors to attract talents in short supply
Whenever a vocational college (including skilled workers’ school, the same below) sets up a related specialty for talents in short supply in Fuzhou such as marine economy industry, new-generation information technology industry, equipment manufacturing industry, biotechnology industry, new material industry, as well as 3D printing, industrial design, energy conservation and environmental protection, identified by the Department of Education, Ministry of Human Resources and Social Security, and Economy and Information Industry Committee, the school will be given a special subsidy of RMB 800,000 on average for each major opened.
II. To deepen the cooperative education among government, universities and enterprises
Support the involvement of municipal and State-owned enterprises and leading enterprises to build vocational education group of diversified investment subjects. The provincial demonstration vocational education group identified will be given a reward of RMB 500,000. The cooperative enterprises and vocational colleges conducting the modern apprenticeship pilot will be given a subsidy of RMB 3,000 and RMB 2000 respectively to each student. The enterprises conducting the enterprise modern apprenticeship pilot will be given a subsidy from RMB 3,000 to RMB 6,000 to each student.
III. To expand cultivation and training of skilled talents
Support capable vocational colleges to set up advanced worker classes, probationary technician classes, to cultivate senior skilled talents. Take the form of government purchasing service. As for the vocational college organizing and conducting vocational skills training, a subsidy of RMB 350 willbegiven to each person according to the number of people obtaining the course completion certificate. Implementing policies such as vocational training subsidy to enterprises and vocational training subsidy for certificate, and give the enterprises or individuals a subsidy of RMB 500 to RMB 2,200 for each person. Various vocational college students in Fuzhou who take up an internship of over 3 months in internship bases and enterprises with honest employment can enjoy a 3 month internship subsidy, the standard of which is no less thanRMB300 per month.
Establish and improve the chief senior technicians system. Support enterprises to adopt negotiated salary, share holding and dividends and put into trial use the annual salary system or stock right system or share option system to improve the income of skilled talents.
IV. To improve the medical care and housing guarantee treatment of highly skilled talents
Talents with advanced skills working in Fuzhou (China’s skills award, the state council special allowance, national technology expert, national-level skill master workshop, top 3 of the world’s skill competition and advanced technicians awarded China’s crafts and arts master) enjoy level two medical care treatment; Talents with excellent skills in Fuzhou identified (provincial skills master, Fuzhou chief advanced technician winner) enjoy the medical care treatment of senior managerial staff of headquarter in Fuzhou.
Advanced skilled talents and excellent skilled talents introduced into Fuzhou identified and conforming theHousing Guarantee Plan for Fuzhou Entrepreneurial and Innovative talents (trial)(Fuzhou Committee Office 2013 No. 6) will enjoy a lump-sum housing subsidy of RMB 800,000, RMB 600,000 and RMB 450,000 when purchasing talent apartment of 160 square meters, 120 square meters and 90 square meters respectively.
V. To forge a training platform for cooperation between universities and enterprises
Support the establishment of a number of provincial level professional public training bases and regional public training bases. The construction projects listed into the provincial public practice training base will be awarded RMB 2 million; the projects recognized as provincial demonstration public training bases will be awardedRMB3 million. The county practicing base established by relying on the county level vocational education center will be granted a subsidy of no less than RMB 500,000 for each base from the special fund of employment.
Seven measures to support entrepreneurship and
I. Jointly establish with Garage Cafe garage coffee angel investment funds across the Taiwan Straits of up to RMB 200 million, mainly investing in start-up projects at seed stage and starting stage.
II. Enterprises recognized as national, provincial Entrepreneurship Innovation Center, will be given a supporting reward of 50% of the national and provincial reward; Enterprises identified as municipal Entrepreneurship Innovation Center will be given a reward of RMB 1.3 million.
III. Enterprises identified as national, provincial and city-level technological enterprise incubators will be given a reward of RMB 1.3 million, RMB 700,000 and RMB 150,000; Enterprises identified as the provincial Internet incubators will be given a reward of RMB 200,000.
IV. Spaces identified as the national professional maker space will be given a reward of RMB 1 million; spaces identified as the national, provincial and city-level maker space will be given a reward of RMB 400,000, RMB 300,000 and RMB 150,000 respectively.
V. City-level maker spaces passing the examination will be given a three-year operational subsidy, the maker spaces running for 1 year will be given a subsidy of RMB 200,000; the maker spaces running for 2 yearswill be given a subsidyto make the accumulative subsidy reachRMB 300,000; the maker spaces running for 3 yearswill be given asubsidy to make the accumulative subsidy reachRMB 400,000.
VI. Actively establish effective connection platform for maker (team) and investors. Conduct entrepreneurship innovative activities such as project promotion, road show, salon and training to maker spaces identified and subsidize them according to 10% of their actual expenditure, and the annual maximum subsidy is RMB 300,000.
VII. Invest RMB 2 million every year to gather city-wide innovation and entrepreneurship activities from social organizations such as maker spaces, organization associations and investment institutions, and conduct activities that promotes the connection between investors and makers (team) and the aggregation of entrepreneurship such as talents and capitals.
Three measures to speed up the development of Internet of Things
I. To support the construction of public service platform
(A) Enterprises establishing narrow band Internet of Things open laboratory with the leading enterprises in the industry will be given a subsidyof30% of the total investment amount, the limit of which is RMB 10 million.
(B) Support leading enterprises in industries such as identification, sensors, Internet of Cars, smart home, financial payment, environmental monitoring and optical sensing to upgrade enterprise technological innovation platform and increase the effective supply capacity of advanced intelligent wearings, intelligent vehicles, intelligent medical health, intelligent service robot and industrial-level smart hardware products. A subsidy of 15% of total investment amount will be given to these enterprises, the limit of which is RMB 1 million.
II. To support the expansion of application field
(A) Give priority to supporting Internet of Things companies to use data center ofdigital Fujian (Changle) industrial park, a subsidy of 30% of the actual costs will be given, which will be no more thanRMB500,000 yuan.
(B) Implement major special projects of core technology in Internet of Things industry based on the technology frontier and development advantage. Supporting subsidy of 50% of the provincial subsidy will be given, the limit of which is RMB 2 million.
(C) Encourage the development of new type ofsensor and intelligent hardware with high performance, promote core technological innovation such as lightweight underlying hardware and software with low power consumption, intelligent perception with high performance, high-precision movement and posture control, wide-area smart Internet of Things with low power consumption. The excellent innovative products at the provincial level will be given a supporting subsidy 1:1 to the provincial subsidy.
III. To intensify the marketing
(A) Software and information technology service enterprises conducting Internet of Things development and winning the bid when participating in biding projects outside the province, as for the contract amount of a single bid reaching RMB 5 million or above, the city will provide a supporting rewardof1.5% of the completed amount of the contract on the basis of a 3% reward of the completed contract amount in the province, the limit of which is RMB 1 million. The enterprises winning the bid of bidding project outside Fuzhou in Fujian province will be given a reward of 4.5% of the completed amount of the contract, the limit of which is RMB 1 million. The annual total reward of an enterprise received from province and city will not exceed RMB 4 million.
(B) When purchasing or using various Internet of Things information system solutions developed independently by the city’s Internet of Things enterprise, with specific independent intellectual property rights and independent brand, the use unit will be given a support subsidyof50% of the provincial subsidy, the limit of which is RMB 1 million.
Three measures to speed up the development of big data industry
I. To support the establishment of public service platform in the park
(A) The innovative platforms such as national key (project) laboratory, project (technology) R&D center of big data newly identified will be given lump-sum subsidy of at most RMB 5 million; the key (project) laboratoryandproject (technology) R&D center jointly established by province and ministry, national enterprises key laboratory, national enterprise technological center or major laboratoryofMinistry of Education and project research center will be given a lump-sum subsidy of RMB 2 million. The technological enterprise incubator of big data will be givenalump-sum subsidy of RMB 2 million after being identified.
(B) To speed up the construction of big data management platform and big data service platform. Establish big data exchange platform and big data trade market and speed up the flow of data resources. Promote provincial and national data resources aggregation and strive to establish national data processing and back-up center in fields such as health care, Wisdom Ocean, e-governance, aerospace, food safety and environmental protection. Provide subsidy of 30% of actual investment amount of each platform, which will not exceed RMB 2 million.
II. To support leading enterprise to settle in the park
(A) As for the leading enterprise in the industry newly introduced, when the actual paid-in capital reached over RMB 50 million (inclusive), a lump-sum settlement reward of RMB 5 million will be provided according to the industry level and contribution.
(B) The leading enterprises of the industry establishing regional headquarter in the park will be provided workplace and talent apartment of no more than 5,000 square meters according to the need of business, the rental of which will be free for 3 years.
(C) The leading enterprise establishing subsidiaries in the park will be provided workplace and talent apartment of no more than 1,000 square meters, the rental of which will be free for 2 years.
III. To support the development and application of big data by enterprises in the park
(A) To support and encourage big data enterprises to develop and apply data. When the business revenue of big data enterprises exceeds RMB 100 million (inclusive), RMB 200 million (inclusive), RMB 500 million (inclusive), 1 billion (inclusive) for the first time, the enterprises will be rewarded RMB 2 million, which can be excess progressively.
(B) As for first 100 big data enterprises conforming to conditionsin the park,in 3 years,each will be provided with a network support with a broadband of over 100M, a workplace of 200 square meters and a talent apartment of about 300 square meters; meanwhile a 50% subsidy for the data rental fee will be provided for enterprises in the park.