I. Land and Fiscal Support Policies

(1) Key enterprises with main business revenue of 1 billion yuan or more (hereinafter referred to as “key enterprises”) that invest in encouraged development projects and meet land-use intensification requirements may have their land transfer reserve prices set at no less than 70% of the local minimum standard for industrial land. For industrial projects with an investment of 5 billion yuan or more, annual tax payments of 100 million yuan or more, and significant industry-driving effects, a case-by-case approach may be adopted provided it does not violate national laws and regulations.For key enterprises whose main business revenue first exceeds 1 billion yuan, 5 billion yuan, or 10 billion yuan (excluding enterprises that were already handled on a case-by-case basis at the time of land transfer), 20% of the local fiscal retention portion of their year-on-year increase in tax revenue (value-added tax and business tax) shall be allocated to the enterprise for its own development for three consecutive years starting from the year of the milestone.For newly constructed industrial projects that are upgraded to municipal key enterprises after commencing production, 10% of the local government’s share of the value-added tax and business tax paid by the enterprise in the current year shall be allocated to the enterprise for its own development for five consecutive years starting from the year of upgrade;For enterprises generating annual tax revenue of 5 million yuan or more, the local fiscal share of the corporate income tax paid in the current year shall be allocated to the enterprise for its own development at a rate of 70% for the first two years and 30% for the following three years, starting from the year in which the enterprise becomes profitable."Guiding Opinions of the CPC Zhanjiang Municipal Committee and the Zhanjiang Municipal People’s Government on Encouraging and Supporting Key Enterprises to Expand Scale and Strengthen Capabilities" (Zhan Fa [2014] No. 3)

(2) For small, medium, and micro industrial enterprise projects that have been included in the "Guangdong Province Priority Development Industry Catalog" and meet land conservation and intensive use requirements—particularly those in emerging industries such as new energy vehicles, biomedicine, new materials, and electronic information—land price concessions shall be granted. When determining the minimum land transfer price, the price may be set at no less than 70% of the corresponding "National Minimum Standard for Industrial Land Transfer Prices" for the local land grade."Opinions of the Zhanjiang Municipal People’s Government on Further Promoting the Development of the Private Economy" (Zhanfu [2016] No. 56)

(3) An elastic term system shall be implemented for industrial, mining, and warehousing land; scenic spot facility land; and public management and public service land (including news and publishing, science and education, culture, sports, and entertainment, public facilities, and medical, health, and charitable sectors) subject to paid use, where the total fixed-asset investment is 50 million yuan or more (including 50 million yuan)."Notice of the Zhanjiang Municipal Bureau of Land and Resources on Implementing the Flexible Term System for the Grant of State-Owned Construction Land Use Rights" (Zhan Guotu Zi (Real Estate) [2015] No. 134)

II. Selected Tax and Fee Preferential Policies

(1) High-tech enterprises receiving key state support shall be subject to a reduced corporate income tax rate of 15%.

(2) Import of major technical equipment is exempt from value-added tax. Effective January 1, 2016, enterprises meeting specified conditions that import components and raw materials necessary for the production of equipment or products listed in the *Catalog of Major Technical Equipment and Products Supported by the State for Development (2015 Revision)* shall be exempt from customs duties and value-added tax at the import stage.

(3) Preferential Policies for Startup Platforms. Effective May 1, 2016, revenue generated by science and technology business incubators (including maker spaces) from leasing premises and providing incubation services to incubated enterprises is exempt from value-added tax.From January 1, 2016, to December 31, 2018, eligible science and technology enterprise incubators shall be exempt from urban land use tax or property tax on land or real estate used for their own purposes or provided to incubated enterprises free of charge or through leasing. Income of incubators that meet the criteria for non-profit organizations shall be exempt from corporate income tax.

(4) Policies on Accelerated Depreciation or One-Time Deduction of Fixed Assets. For enterprises in all industries, instruments and equipment newly purchased after January 1, 2014, and used exclusively for research and development, those with a unit value not exceeding 1 million yuan may be fully expensed in the current period and deducted when calculating taxable income; those with a unit value exceeding 1 million yuan may have their depreciation period shortened or be subject to accelerated depreciation.Enterprises in all industries may deduct fixed assets with a unit value of no more than 5,000 yuan in full as current-period costs and expenses when calculating taxable income, rather than depreciating them over multiple years.

(5) Exemption from Certain Administrative and Public Service Fees. Effective October 1, 2016, local revenues from 34 enterprise-related administrative and public service fees established by the state and provincial governments shall be exempted; inspection fees for various types of enterprise instruments (including gauges and weighing equipment) and special equipment, as well as fire protection facility inspection fees, shall be waived. Effective October 1, 2016, provincial-level enterprise-related administrative and public service fees shall be reduced to “zero charges.”

(6) Implement a comprehensive package of tax preferential policies for small and micro enterprises. Before December 31, 2017, for small and micro enterprises with an annual taxable income of less than 200,000 yuan (including 200,000 yuan) or between 200,000 yuan and 300,000 yuan (including 300,000 yuan), their income shall be calculated as 50% of the taxable income.

For details on (5) and (6), please refer to the “Opinions of the Zhanjiang Municipal People’s Government on Further Promoting the Development of the Private Economy” (Zhanfu [2016] No. 56).

III. Support Policies for Enterprise Listings

For enterprises registered in Zhanjiang, a subsidy of 5 million yuan will be provided for listings on the Main Board; a subsidy of 3 million yuan for listings on the SME Board, Growth Enterprise Market (GEM), or overseas markets; a subsidy of 1.7 million yuan, distributed in three phases, for listings on the National Equities Exchange and Quotations (NEEQ); and a subsidy of 100,000 yuan for listings on regional equity trading markets."Guiding Opinions of the CPC Zhanjiang Municipal Committee and the Zhanjiang Municipal People’s Government on Encouraging and Supporting Key Enterprises to Expand Their Scale and Strengthen Their Capabilities" (Zhan Fa [2014] No. 3), "Opinions of the Zhanjiang Municipal People’s Government on Further Promoting the Development of the Private Economy" (Zhan Fu [2016] No. 56),Notice on the “Interim Measures of Zhanjiang City for Supporting Enterprises in Listing and Raising Funds on the ‘New Third Board’ and Regional Equity Trading Markets (Revised Version)” (Zhanjin [2017] No. 10)

IV. Special Support Funds

(1) Special Fund for Industrial Enterprise Development and Technological Transformation. An annual allocation of 100 million yuan is set aside as a special fund to support the development and technological transformation of industrial enterprises, with a focus on strengthening leading enterprises, pillar industries, and distinctive economic sectors. Rewards will be granted to projects in distinctive industrial towns and distinctive industrial groups that are included in national or provincial key support programs. “Opinions of the CPC Zhanjiang Municipal Committee and the Zhanjiang Municipal People’s Government on Further Stimulating the Vitality of County-Level Economic Development” (Zhan Fa [2016] No. 11)

(2) Support Policies for the Zhanjiang Bonded Logistics Center. Municipal fiscal support funds shall be capped at 10 million yuan per year and allocated for use to promote the operational development of the logistics center.

1. Cross-border e-commerce enterprises that have been in continuous operation at the logistics center for over one year, with a bonded goods value of 10 million yuan or more in the current year and ranking among the top three in their category within the logistics center, shall be granted subsidies of 500,000 yuan, 400,000 yuan, and 300,000 yuan, respectively.Cross-border e-commerce enterprises using the logistics center as a base that operate bonded commodity display and trading centers in Zhanjiang’s urban area under the “front-store, back-warehouse” model, where the leased storefront exceeds 500 square meters and the total value of bonded goods imported and exported through the logistics center accounts for more than 50% of the store’s annual sales, shall be granted a subsidy equivalent to 20% of the store’s annual rent, with a maximum subsidy of 300,000 yuan per enterprise per year.

2. Enterprises that establish operations within the logistics center to trade specialized consumable goods such as daily necessities, agricultural products, and food; have been in continuous operation for over one year; have made outstanding contributions to the development of port-adjacent logistics centers, distribution centers, and processing centers; and have an annual import and export volume of over 10 million yuan while ranking among the top three enterprises of the same type within the logistics center shall be granted subsidies of 300,000 yuan, 200,000 yuan, and 100,000 yuan, respectively."Notice of the Zhanjiang Municipal People’s Government on Issuing the Measures for Supporting the Operation and Development of the Zhanjiang Bonded Logistics Center (Type B) (Trial)" (Zhanfu Gui [2017] No. 2)

(3) Incentive Policies for the Container Transportation Industry. The municipal fiscal budget allocates 30 million yuan annually, with Zhanjiang Port (Group) Co., Ltd. providing a matching 30 million yuan, to promote the development of container operations at Zhanjiang Port. A one-time relocation subsidy of 500,000 yuan will be granted to regional headquarters or operational centers of international container liner companies, as well as to large international distribution centers and freight forwarding companies establishing their South China regional headquarters in Zhanjiang.Shipping companies that launch a new international container liner service or domestic container trunk line and maintain continuous operations for over one year shall receive one-time rewards of 1.5 million yuan and 1 million yuan, respectively. “Notice of the General Office of the Zhanjiang Municipal People’s Government on Further Increasing Incentives to Promote the Development of Container Transportation Business at Zhanjiang Port” (Zhanfu Ban Han [2016] No. 96)

(4) Support Policies for Marine Fisheries.Vessels included in the national marine fishing vessel database and compliant with national and provincial “dual-control” policies for fishing vessels may apply for subsidies for vessel renewal and retrofitting if construction commenced on or after October 1, 2015. “Notice on Issuing the ‘Overall Implementation Plan for Adjusting Oil Price Subsidy Policies for Domestic Fishing and Aquaculture in Zhanjiang City’” (Zhan Hai Yu Han [2016] No. 396)

V. Industrial Cooperation Policies

In 2016, the Guangdong Provincial Party Committee and Provincial Government called for vigorous promotion of industrial collaboration between the Pearl River Delta and the eastern, western, and northern regions of Guangdong, and formulated and introduced supporting policies for such collaboration. Enterprises from the Pearl River Delta region investing in Zhanjiang are eligible to enjoy the relevant supporting policies for industrial collaboration.

(1) Making Full Use of the “Three Olds” Renovation Policy

Support for relocating enterprises to utilize the “Three Olds” renovation policy to convert their original factory sites into modern service industries such as headquarters economy, R&D, and e-commerce; for allocated land use rights involved, the procedures for converting to land grant may be completed through mutual agreement; where land value top-ups are required, they shall be implemented in accordance with relevant national and provincial regulations.

(2) Fiscal Incentives and Subsidies

Projects eligible for financial incentives must fall within the applicable scope and involve enterprises or projects that commenced construction before 2018 or were completed and put into operation before 2020.

First, universal incentive subsidies. Starting from the year following the implementation of the incentive policy, provincial and regional (Eastern, Western, and Northern Guangdong) fiscal authorities will allocate budgetary funds on a 1:1 basis each year to provide ex-post subsidies to enterprises in the Pearl River Delta region that met environmental protection policies for industrial transfer parks, contributed to industrial transformation and upgrading, and possessed technological content during the 2016–2018 period when relocating to the Eastern, Western, and Northern Guangdong regions.

Second, cumulative incentives. For enterprises or projects meeting the following criteria, funds will be allocated from the provincial fiscal budget to provide cumulative rewards in accordance with prescribed standards.

1. For large backbone enterprises, Fortune Global 500 companies, China’s Top 500 enterprises, China’s Top 500 private enterprises, and China’s Top 500 manufacturing enterprises that invest in (or hold controlling stakes in) manufacturing enterprises within industrial parks in the eastern, western, and northern regions of Guangdong, annual rewards will be granted at a rate not exceeding 30% of the actual new fixed-asset investment made by the enterprise or project within the park. The cumulative maximum reward per enterprise shall not exceed 100 million yuan.

2. R&D institutions of industrial enterprises above designated size that relocate to the eastern, western, and northern regions of Guangdong alongside corporate headquarters or production operations will receive a one-time reward of 3 million to 10 million yuan per institution, depending on their scale and R&D capabilities, if they possess independent legal person status; if they are branches, they will receive a one-time reward of 1 million to 3 million yuan per institution, depending on their scale and R&D capabilities.

3. National high-tech enterprises relocating to the eastern, western, and northern regions of Guangdong will receive a one-time reward of 3 million yuan per enterprise; enterprises included in the provincial high-tech enterprise cultivation pool will receive a one-time reward of 1 million yuan per enterprise.

4. Provincial-level incubators, new R&D institutions, maker spaces, and other innovation and entrepreneurship platforms that relocate in their entirety to the eastern, western, and northern regions of Guangdong or establish branches in these regions shall be eligible for annual rewards not exceeding 30% of the enterprise’s actual new fixed-asset investment in these regions, with a cumulative maximum of 5 million yuan per entity."Notice of the People’s Government of Guangdong Province on Issuing Several Policy Measures to Promote the Quality and Efficiency Improvement of Industrial Parks in the Eastern, Western, and Northern Regions of Guangdong" (Yue Fu [2016] No. 126), "Notice on Issuing the <Fiscal Support Policies of the Guangdong Provincial Department of Finance on Supporting Joint Industrial Development Between the Pearl River Delta and the Eastern, Western, and Northern Regions of Guangdong>" (Yue Cai Gong [2016] No. 384)

VI. Investment Facilitation Measures

(1) Procedures for Commencing Construction of Projects

For projects falling under any of the following circumstances and approved by the Zhanjiang Municipal People’s Government Administrative Service Center for inclusion in the “Investment Approval Green Channel,” the applicant may apply to the Municipal Housing and Urban-Rural Development Bureau for construction commencement procedures provided that:Construction projects that use all or part of fiscal funds (including projects under construction management by third parties), or projects where state-owned capital is the dominant source of funding (including affordable housing projects); construction projects undertaken by municipal financing platforms; “Three Olds” (old urban areas, old villages, and old factories) renovation projects; national, provincial, and municipal key projects; and civil construction projects with a state-owned construction land use right grant contract (obtained through conversion of allocated land to granted land or via public bidding, auction, or listing)."Notice on Procedures for Commencing Construction of Construction Projects (Trial)" (Zhan Jian Guan [2017] No. 86)

(2) Filing System for Foreign Investment. The establishment and changes of foreign-invested enterprises and Taiwanese-invested enterprises that do not involve special administrative measures for market access (negative list) as stipulated by the state shall be managed through a filing system rather than an approval process. Foreign-invested enterprises not subject to the negative list do not require approval; investors and foreign-invested enterprises may fill out and submit information and materials regarding establishment and changes online through the filing system, and the competent commerce authority (filing agency) will conduct online review and filing.

(3) Customs Clearance Facilitation Measures at Zhanjiang Port

Zhanjiang Customs

1. Integrated customs clearance reform: Enterprises may independently choose the location and method for declaration, document submission, tax payment, and inspection;

2. Paperless customs clearance reform, with declaration, review, and release processed through the China Electronic Port;

3. Smart online customs clearance reform;

4. Development of a comprehensive customs clearance system based on “information exchange, mutual recognition of supervision, and mutual assistance in law enforcement” at the port.

Zhanjiang Entry-Exit Inspection and Quarantine Bureau

1. Fully implement integrated customs clearance for inspection and quarantine;

2. Fully implement paperless declaration;

3. Implementation of province-wide visa integration;

4. Deepen the “Three Mutuals” inspection model (mutual recognition of information, supervision, and law enforcement) at airport passenger inspection sites;

5. Simplify the filing procedures for origin certificate applicants, abolish the annual review system for enterprises issuing origin certificates, and implement a list-based management system for origin certification.

Zhanjiang Maritime Safety Administration

1. Significantly reduce and cut administrative and public service fees;

2. Promptly implement measures related to administrative streamlining and decentralization;

3. Fully launch the joint boarding inspection mechanism.

Zhanjiang Border Inspection Station

1. Exempt Chinese citizens from filling out registration cards when departing the country;

2. Distribute “Landing Guides” to facilitate the disembarkation of crew members from incoming vessels;

3. Implement a system for “advance lane opening” and establish an “emergency assistance lane” to facilitate customs clearance for travelers;

4. Implementing an appointment system for the "Boarding Permit" and "Permit to Board Foreign Vessels";

5. Relaxing restrictions on crew members’ family members and workers boarding foreign-flagged or Hong Kong/Macao-flagged vessels to facilitate family visits and work activities;

(IV) Zhanjiang Municipal Public Security Fire Bureau

Comprehensively implement the “tolerance for omissions” and “tolerance for errors” systems, and enforce the procedures for preliminary acceptance, one-time notification, service commitments, and the first-contact responsibility system to improve the approval rate of fire safety administrative permits. For key national and local engineering projects and major initiatives, establish a “green channel” for priority projects. Provided that fire safety is ensured, fire design reviews and fire acceptance inspections may be conducted on a project-by-project and phase-by-phase basis.

(5) Talent Services

Eligible high-level talent and returnees from overseas studies will be granted preferential access to talent apartments and housing provident fund applications, respectively, and their children will receive preferential treatment regarding school enrollment.