Interim Measures for Investment Promotion Incentives in Huangshan District
2023-12-06 00:00
Original Title: Notice of the Huangshan District People’s Government Office on Issuing the Interim Measures for Investment Promotion Incentives in Huangshan District
Chapter I General Provisions

Article 1: To implement the new development philosophy, accelerate the cultivation of new drivers of growth, and mobilize the enthusiasm and initiative of all sectors of society to participate in investment promotion,in accordance with the spirit of the Anhui Provincial Party Committee and Provincial People’s Government’s “Opinions on Promoting Steady and Healthy Economic Development to Ensure a Strong Start for the 14th Five-Year Plan” (Wan Fa [2021] No. 9) and the Huangshan Municipal People’s Government’s “Guiding Opinions on Support Policies for Huangshan’s ‘Dual Recruitment and Dual Attraction’” (Huang Zheng Ban [2022] No. 36), and in light of the actual conditions of our district, these Measures are hereby formulated.

Article 2: For the purposes of these Measures, an “investment promotion introducer” refers to a natural person, legal entity, or other organization (excluding public officials currently employed by administrative agencies, public institutions, and state-owned enterprises) that provides effective investment promotion information at the earliest opportunity, plays a substantive facilitating role in the process of project matching, negotiation, and implementation, and successfully introduces an investment project.

The introducer must be jointly confirmed by the investor of the investment project and the District Investment Promotion Bureau. Only one introducer or introducer team (hereinafter collectively referred to as “introducer”) shall be recognized for each project. The introducer does not include the investor or partner of the investment project.

Article 3: For the purposes of these Measures, “investment promotion projects” refer to industrial projects funded by capital from outside the District and invested in the Huangshan Taiping Economic and Technological Development Zone, as well as foreign-funded projects funded by capital from abroad and directly invested within Huangshan District, commencing from the date of issuance of these Measures.

Investment promotion projects must comply with national industrial policies, energy consumption standards, and ecological and environmental protection requirements.

Chapter II: Eligibility Criteria and Standards

Article 4: Referrers (excluding public officials currently employed by administrative agencies, public institutions, and state-owned enterprises) who provide valid investment promotion information and facilitate the signing, establishment, construction, and commencement of operations of a project shall be granted an information award; referrers of investment promotion projects that have been completed and put into operation shall be granted an investment award based on the actual amount of fixed-asset investment (excluding land transfer fees; the same applies hereinafter).

Article 5: For newly introduced industrial projects with a total investment of 30 million yuan or more, an information reward of 20,000 yuan shall be granted. Investment rewards shall be implemented according to the following standards:

(1) For fixed-asset investments of 30 million yuan (inclusive) or more but less than 100 million yuan, the investment incentive shall be calculated at 2‰ of the actual fixed-asset investment amount;

(2) For fixed asset investments of 100 million yuan or more but less than 300 million yuan, the incentive shall be calculated at 2.5‰ of the actual fixed asset investment amount;

(3) For fixed asset investments of 300 million yuan or more, the incentive shall be calculated at 3‰ of the actual fixed asset investment amount.

For industrial projects introduced that align with the three major pillar industries of the Huangshan Taiping Economic Development Zone—green food, new materials, and equipment manufacturing—the reward rate shall be increased by 0.5‰.

For projects producing in leased factory buildings (excluding enterprises leasing factory buildings on a transitional basis during the construction period), where equipment investment reaches 5 million yuan or more, the reward shall be calculated at half the standard rate of 2‰ of the total investment.

Article 6: For newly introduced foreign-invested projects with a total investment of US$5 million or more, an information incentive of 20,000 yuan shall be granted. The investment incentive shall be calculated at 5‰ of the actual fixed-asset investment amount (converted at the national foreign exchange rate on the date of actual receipt).

Article 7: For major direct investment projects in our district by enterprises listed in the Fortune Global 500 (based on the list published by Fortune in the previous year) or the China 500 (based on the list published by the China Enterprise Confederation and the China Entrepreneurs Association in the previous year), the reward standard shall be 1.5 times the above-mentioned rates.

Article 8: For investment projects leasing standard factory buildings or office spaces, if production or operations do not commence by the date specified in the investment agreement, the investment incentive shall be reduced by 30% and 50% for delays of 6 months and 12 months, respectively; no incentive shall be granted for delays exceeding 12 months.

For investment promotion projects involving land allocation, the investment incentive shall be paid as follows: 100% if production and operations commence within the first year from the completion date specified in the land grant contract; 80% if production and operations commence in the second year; and 50% if production and operations commence in the third year.

Article 9: For major projects, the Review Committee shall submit them to the District Government’s Executive Meeting for deliberation, after which the incentive funds shall be determined on a case-by-case basis.

For investment promotion projects that meet both of the above reward criteria, the investment reward shall be paid according to the higher standard and shall not be calculated twice.

The maximum reward for a single project shall not exceed 1 million yuan.

Chapter III: Reward Procedures and Funding Sources

Article 10: An Investment Promotion Referrer Reward Review Committee shall be established, headed by the Deputy District Governor in charge of the matter, with the principal responsible persons from the District Development and Reform, Finance, Audit, Commerce, Science and Technology, Economy and Information Technology, Natural Resources and Planning, Housing and Urban-Rural Development, Market Regulation, Statistics, Investment Promotion, and Huangshan Taiping Economic and Technological Development Zone departments and units serving as members. This committee is responsible for reviewing and approving information rewards and investment rewards for investment promotion referrers.

Article 11: Referrers who meet the eligibility criteria shall be nominated by the project-referring unit to the District Investment Promotion Bureau in accordance with requirements, and shall submit the following materials:

(1) Huangshan District Investment Project Referrer Reward Application Form;

(2) Original and photocopy of the recommender’s valid identification document. If the recommender is a legal entity or other organization, submit the original and photocopy of the Business License;

(3) If the recommender is a team, the designated representative must also submit a written letter of authorization from the other team members.

Article 12: The District Investment Promotion Bureau shall, in conjunction with the departments and units comprising the Investment Promotion Referrer Reward Review Committee, promptly conduct a preliminary review of the reward application information submitted by the referrer. If the preliminary review determines that the application meets the reward criteria, it shall be submitted to the District Investment Promotion Referrer Reward Review Committee for a re-examination, with the District Commission for Discipline Inspection and Supervision invited to participate.

If the re-examination confirms eligibility for the reward, information including the name (or entity name) of the recommended person to be rewarded, a brief introduction to the investment project, the type of reward, and the reward amount shall be publicly posted on the District Government website for no less than 7 days.

Article 13: The proposed recommenders, reward types, and reward amounts shall be submitted to the District Government Executive Meeting for approval after the public notice period concludes without objection.

Article 14: The District Finance Bureau shall disburse the reward funds uniformly in accordance with the approval documents issued by the District Government.

The funds required for the rewards to investment promotion introducers shall be included in the departmental budget of the District Investment Promotion Bureau.

Chapter IV Supplementary Provisions

Article 15: If a person uses improper means to fraudulently obtain an investment promotion referral reward, the reward funds shall be recovered in accordance with the law. If such actions constitute a violation of laws or disciplinary regulations, responsibility shall be pursued in accordance with the law and relevant disciplinary regulations.

Article 16 The Office of the Huangshan District Investment Promotion Leading Group, in conjunction with relevant departments, shall be responsible for interpreting these Measures, which shall take effect from the date of issuance. The "Huangshan District Investment Promotion Referrer Reward Measures" (Huang Zheng Ban [2019] No. 12) issued in 2019 shall be simultaneously repealed.

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