Implementation Guidelines for the "Several Policy Measures of Guangdong Province to Further Expand Opening-up and Actively Utilize Foreign Investment (Revised Edition)" (Revised)
2021-11-30 00:00

I. Supporting the Conversion of Contracted Foreign Investment into Actual Foreign Investment in Industrial Projects

Foreign investment is encouraged to be directed toward advanced manufacturing (including but not limited to next-generation information technology, artificial intelligence, biopharmaceuticals, new energy, and new materials), strategic emerging industries, modern service industries, and key infrastructure sectors, with the aim of further optimizing the industrial structure of our region.For projects with an annual actual foreign investment amount (excluding loans from foreign shareholders; the same applies hereinafter) of US$5 million or more following the implementation of these guidelines (excluding real estate, financial, and quasi-financial projects; the same applies hereinafter), a reward of 2% of the actual foreign investment amount for that year will be granted, with a maximum reward of 20 million yuan.

II. Increasing Incentives for Contributions from Foreign-Invested Enterprises

Newly registered foreign-invested enterprises that meet the statistical threshold for large-scale enterprises in the same year shall be granted a one-time reward equal to 100% of their local economic contribution to our district for that year, with a maximum reward of 10 million yuan.

For existing foreign-invested enterprises whose annual contribution to the local economy of our district exceeds 5 million yuan for the first time, the district finance department shall grant a one-time reward equivalent to 20% of the enterprise’s contribution to the local economy of our district, with a maximum reward of 10 million yuan.

III. Enhanced Incentives for Senior Management of Foreign-Invested Enterprises

For foreign-invested enterprises ranked among the top five in the district for actual foreign investment utilization in the current year, senior management personnel will receive a reward equivalent to 50% of their individual contribution to the local economy for that year, with a limit of 10 recipients per enterprise. The maximum annual reward per person shall not exceed 500,000 yuan, and the cumulative reward amount for all recipients from a single enterprise shall not exceed 30% of that enterprise’s contribution to the district’s local economy.

IV. Strengthening Land Use Guarantees for Foreign-Invested Projects

For eligible foreign-invested manufacturing projects, preferential land use policies will be actively implemented within the district’s discretionary authority, in accordance with the “Several Policy Measures of Guangdong Province to Reduce Costs for Manufacturing Enterprises and Support the Development of the Real Economy (Revised Edition),” the “Implementation Opinions of the Guangzhou Municipal People’s Government on Implementing Several Policy Measures of Guangdong Province to Reduce Costs for Manufacturing Enterprises,” and the “Implementation Measures of Guangzhou Municipality for Improving the Efficiency of Industrial Land Use.”For foreign-invested manufacturing projects with an actual investment exceeding 1 billion yuan, as well as high-quality foreign-invested projects that meet the criteria of Fortune Global 500 companies, strategic emerging industries, modern service industries, or the “IAB” and “NEM” sectors, land use plan quotas shall be prioritized within the district’s discretionary authority. Flexible land supply methods—such as flexible land grants, long-term leases, lease-to-own arrangements, and combined lease-and-grant models—shall be encouraged;For manufacturing projects that fall under Zengcheng District’s priority development industries and are land-efficient, the minimum land transfer price may be set at 70% of the minimum industrial land price standard corresponding to the land grade of the location, thereby reducing land costs for foreign-invested enterprises.

V. Encouraging Existing Foreign-Invested Enterprises to Increase Capital, Expand Production, and Pursue Transformative Development

Existing foreign-invested enterprises in manufacturing and modern services are encouraged to increase capital and expand production. For capital increase projects with actual annual foreign investment of US$5 million or more, a reward of 2% of the actual foreign investment for that year will be granted, with a maximum reward of 20 million yuan per project;For foreign-invested enterprises that, while increasing capital and expanding production, achieve an increase of 5 million yuan or more in their contribution to the local economy of this district compared to the previous year, a one-time reward of 20% of the increase in their contribution to the local economy for that year will be granted, with a maximum reward of 10 million yuan.

VI. Supporting Foreign Investment in R&D and Innovation

In accordance with the "Guangzhou Municipal Policy Measures to Further Accelerate the Promotion of Scientific and Technological Innovation," foreign-invested enterprises are encouraged to actively apply for provincial, municipal, and district-level innovation and entrepreneurship leading team (talent) projects. Support will be provided to foreign-invested R&D institutions (including in-house R&D departments, hereinafter the same) to participate in the construction of our district’s R&D platforms and scientific and technological innovation research. Overseas high-level innovation and entrepreneurship projects and high-end talent are encouraged to settle in Qiaomengyuan and enjoy relevant supporting financial assistance.For foreign-invested enterprises in our district that meet the “Support for R&D and Innovation” criteria under the provincial “Ten Measures for Foreign Investment,” an additional reward equal to 50% of the provincial reward amount will be granted.

VII. Ensuring Fair Competition for Foreign-Invested Enterprises

Foreign-invested enterprises shall be entitled to the same preferential policies as domestic enterprises in our district regarding talent, innovation, business services, and investment promotion incentives. Unless otherwise stipulated by laws or administrative regulations, relevant departments shall review applications for business licenses and qualifications of foreign-invested enterprises in accordance with the principles of uniform standards and timelines for both domestic and foreign-invested enterprises, ensuring that foreign-invested enterprises receive equal treatment with domestic enterprises in our district in terms of market access, land supply, fiscal and financial support, scientific and technological innovation, and supervision and management.

VIII. Improving the Quality of Services for Foreign-Invested Enterprises

Implement a pre-establishment national treatment plus negative list management system for foreign investment. Optimize enterprise establishment and registration services; for name approval procedures that meet the criteria for self-declared names, eliminate the pre-approval step at registration counters across the board; extend the “Bank-Securities Link” service for business registration to countries along the Belt and Road, and promote on-site acceptance and remote processing of business registration for foreign investors.We will launch a business-friendly initiative to address difficulties and issues encountered by key foreign-invested enterprises during market access procedures, production commencement, and capital increases or share expansions, thereby accelerating capital injection, project completion, and production start-up for key enterprises and projects. We will support foreign-invested projects falling under the “Encouraged” category of the Catalogue of Industries Encouraging Foreign Investment (2020 Edition) in applying to customs for tax exemptions and reductions in accordance with regulations.

IX. Optimizing the Business Environment for Foreign-Invested Enterprises

Accelerate the development of the English version of the district’s government website to enhance its internationalization and service capabilities. Improve the complaint mechanism for foreign-invested enterprises, coordinate the resolution of prominent issues raised by foreign investors, and intensify efforts to combat intellectual property infringement and the production and sale of counterfeit and substandard goods. Strengthen crackdowns on infringement and counterfeiting involving patents, registered trademarks, and trade secrets; improve the diversified dispute resolution mechanism for intellectual property disputes and the rapid response mechanism for investigating and handling intellectual property infringement; and safeguard the legitimate rights and interests of foreign investors.Accelerate the construction and improvement of supporting infrastructure such as information networks and sports facilities; provide conveniences in legal and auditing services for foreign-invested enterprises as well as medical services for foreign nationals; further enhance the district’s international functions and competitiveness in opening up to the outside world; and create a fair and orderly environment for foreign investment and living.

X. Improving Talent Services for Foreign-Invested Enterprises

Support the enrollment of children of employees from eligible foreign-invested enterprises in nearby schools. Each year, the education department will allocate a certain number of enrollment quotas for the first grade of compulsory education in public schools, distributed according to the principle of neighborhood enrollment. Eligible talent from foreign-invested enterprises may enjoy housing preferential policies, such as talent-specific housing, rent-free occupancy of talent housing, rental subsidies, and home purchase subsidies, in accordance with our district’s relevant policies.Employees of foreign-invested enterprises in our district who hold Hong Kong, Macao, or Taiwan Resident Residence Permits, as well as foreign employees who have obtained permanent residency in China, shall be provided with exclusive services. They shall be treated as local residents regarding the payment and withdrawal of housing provident funds and shall be eligible for housing provident fund personal housing loans (limited to owner-occupied housing). High-end and urgently needed talent from overseas shall enjoy relevant preferential policies in accordance with the “Notice on Individual Income Tax Preferential Policies for the Guangdong-Hong Kong-Macao Greater Bay Area” issued by the Ministry of Finance and the State Taxation Administration.

These Implementation Guidelines apply to foreign-invested enterprises (excluding those in the real estate, financial, and quasi-financial sectors) that have their business registration, tax administration, and statistical reporting relationships within our district.Where a single project or matter eligible under these measures also meets the criteria of other support policies in our district (including policies requiring the district to provide matching funds or bear costs as mandated by higher-level authorities), support shall be provided in accordance with the principle of “choosing the higher amount without duplication,” unless otherwise specified. The total amount of all rewards received by a single enterprise (project) under this policy during its validity period shall not exceed 30 million yuan.

Projects that make significant contributions to local economic and social development shall be granted special support upon approval by the District Government.

These Implementation Opinions are revised and shall take effect from the date of issuance, with a validity period of three years.The “Implementation Opinions of the General Office of the People’s Government of Zengcheng District, Guangzhou on Implementing the ‘Several Policy Measures of Guangdong Province for Further Expanding Opening-up and Actively Utilizing Foreign Investment (Revised Edition)’” (Zengfu Ban Gui [2019] No. 7) is hereby repealed. For enterprises that met the eligibility criteria during the period from December 27, 2019, to the date of issuance of these Implementation Opinions, the original Implementation Opinions shall apply. Upon expiration of the policy’s validity period or changes in relevant legal or policy bases, these Implementation Opinions will be evaluated and revised based on implementation outcomes.


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