Ten Policy Measures to Strengthen Investment Promotion in Hebi City
2024-03-20 00:00

To accelerate the development of Hebi as a model city for high-quality development in the new era, strengthen project attraction, optimize business services, and enhance the effectiveness of investment promotion, the following policy measures are formulated in accordance with relevant national and provincial guidelines.

I. Support Targeted Investment Promotion Along Industrial Chains. Conduct investment promotion focused on industrial chains within the city’s leading industries, actively attracting anchor enterprises and supporting enterprises within those chains. For counties and districts that attract five or more enterprises of a certain scale within the same industrial chain within two years, a reward of up to 1 million yuan will be granted based on the enterprises’ investment levels and their contribution to industrial, economic, and social development.

II. Support for High-Quality Development in Manufacturing. For newly introduced modern industrial enterprises that purchase advanced production equipment with a total value of 50 million yuan or more within two years, a subsidy of 5% to 10% of the total equipment value will be provided based on their actual contribution to economic and social development, with a maximum total subsidy of 5 million yuan. For enterprises relocating equipment to our city, a subsidy of 70% of the equipment relocation costs will be provided, with a maximum subsidy of 2 million yuan.For enterprises relocating their entire operations with a total equipment investment of 300 million yuan or more, equipment subsidies will be determined on a case-by-case basis. Enterprises are encouraged to invest in establishing public science and technology R&D platforms; those recognized by provincial-level or higher authorities will be awarded incentives in accordance with the relevant provisions of the “Several Fiscal Policy Measures of Hebi City to Support the Development of Scientific and Technological Innovation” (Hebi Government Office Document [2022] No. 29).

III. Support for Attracting Major and Strong Enterprises. For enterprises introduced from the Fortune Global 500, China’s Top 500, or China’s Top 50 in their respective industries, as well as enterprises holding nationally renowned trademarks and large and medium-sized state-controlled enterprises, a “one-enterprise-one-policy” and “case-by-case” approach will be implemented to provide support in areas such as policy, land, and talent.Central state-owned enterprises are encouraged to establish new first-tier or second-tier subsidiaries in Hebi or to relocate existing first-tier or second-tier subsidiaries from other provinces or cities to Hebi in their entirety. Based on their actual contributions to the local economy and society, first-tier subsidiaries will be awarded 3 million to 5 million yuan, and second-tier subsidiaries will be awarded 1 million to 3 million yuan.Major investment projects that have actually been implemented and have formed paid-in capital, as well as intermediary agencies and enterprises that have successfully attracted major investment projects, will receive a matching reward from our city equivalent to 50% of the provincial reward funds, in addition to the rewards they receive under the "Henan Provincial Special Fund Management Measures for Investment Promotion."

IV. Encouraging Greater Efforts to Attract and Utilize Foreign Investment. Support counties and districts in organizing delegations to conduct investment promotion abroad, and encourage multinational corporations to engage in joint ventures and cooperation through means such as mergers and acquisitions, or by co-building innovation platforms with local enterprises and institutions.Counties and districts that facilitate the establishment of landmark foreign investment projects and achieve actual utilization of foreign direct investment exceeding the annual target by 5 million USD (or the equivalent in RMB) will be awarded 200,000 to 500,000 yuan. Those that innovatively implement new foreign investment models—such as piloting Qualified Foreign Limited Partners (QFLPs)—and successfully attract foreign investment projects will be awarded up to 500,000 yuan. These funds must be used for foreign investment promotion activities, including overseas investment promotion campaigns.

V. Supporting the Development of Headquarters Economy. Multinational corporations, Fortune Global 500 companies, central state-owned enterprises, China’s Top 500 enterprises, and the top 10 domestic enterprises in their respective industries are encouraged to establish provincial-level or higher headquarters and sales centers in our city. Headquarters enterprises that lease, purchase, or construct office space will be granted office space subsidies based on a certain ratio or standard.For enterprises serving as comprehensive headquarters (headquarters enterprises that perform comprehensive management functions across regions spanning multiple prefecture-level cities or above, including corporate planning and operational decision-making, investment, financing, and asset management, administrative and human resources management, or the coordination of supply chain allocation, the layout of R&D and production facilities and resources, and the division of marketing markets; this includes the highest-level headquarters of a group and its authorized regional headquarters), a one-time subsidy of 1 million to 5 million yuan will be provided.Enterprises serving as functional headquarters (enterprises authorized by a parent company or group that primarily provide R&D, logistics, procurement, marketing, settlement, financial, information processing, or other support-oriented shared services to affiliated enterprises within the group) shall receive a one-time subsidy of 500,000 to 2 million yuan. Based on the enterprise’s actual economic and social contributions, rewards shall be granted on a case-by-case basis, with a maximum of 10 million yuan.

VI. Supporting the Development of Platform Economy and Hub Economy. Support the construction of platform projects and the development of platform enterprises in e-commerce, lifestyle services, logistics, cultural tourism, commodities, industrial internet, agricultural services, and innovation and entrepreneurship. Leverage the catalytic role of relevant funds such as the government-guided digital economy fund, and encourage seed, venture, and angel investment institutions to participate in the financing of platform enterprises. Counties and districts that newly attract provincial-level or higher platform economy headquarters will be granted a reward of 3 million to 5 million yuan.We will continue to leverage our geographical and transportation advantages, relying on the Hebi Modern Logistics Development Zone to build a new hub for the modern logistics industry and promote the high-quality development of the hub economy.

VII. Support the Attraction of Large-Scale Commercial Complex Projects. For newly attracted large-scale commercial complex projects involving non-fiscal direct investment, where domestic investment accounts for no less than 200 million yuan and foreign investment no less than 20 million USD of the total investment, a reward of up to 1 million yuan will be granted based on their actual contribution to the economy and society.We encourage well-known brands to open their first stores in Hebi. For the opening of the first store or commercial operation venue of a well-known domestic or international brand in Hebi, a reward of 100,000 to 500,000 yuan will be granted. We encourage projects to lease existing commercial real estate and will provide rent subsidies based on their actual economic and social contributions.

VIII. Support for Hechi Businesspeople Returning to Invest and Start Businesses.Support will be provided for initiatives to promote investment by Hechi businesspeople returning to their hometowns. All counties and districts must ensure service support and prioritize assistance for such projects. Projects involving Hechi businesspeople returning to start businesses will enjoy the same preferential policies as investment promotion projects. Counties and districts that attract five or more advanced manufacturing and modern service industry projects with actual annual fixed-asset investments (including factories, equipment, and land) exceeding 100 million yuan from returning Hechi businesspeople will be eligible for a reward of up to 2 million yuan.

IX. Support the Development of “Fly-in Economy.” Encourage negotiations with other provinces and cities to introduce “fly-in economy” parks, research institutions, and R&D centers, and innovate cooperation mechanisms for the “fly-in economy.” “Fly-in” projects shall enjoy all preferential policies applicable to the relevant industrial development in the “host” region.

Support counties and districts in fully considering factors such as planning and resource constraints to relocate non-core industrial projects from their own jurisdictions to eligible counties and districts. Through mechanisms such as planning, management, and revenue sharing, achieve mutual benefit and win-win outcomes for both the “sending” and “receiving” localities;"Fly-in" projects involving negotiations and introductions, as well as "fly-in" projects involving the relocation of county-level entities, shall be implemented in accordance with the "Several Policies on Promoting the Development of 'Fly-in Economy'" (He Cai [2019] No. 17).

X. Strengthening Service Support. Enterprises are encouraged to engage in industry-academia-research collaboration with universities and research institutions to commercialize scientific and technological achievements with independent intellectual property rights. Based on the level of technological innovation and the contribution to the regional economy, rewards ranging from 500,000 to 1,500,000 yuan will be granted.Strategic emerging industries and future industries established in Hebi by domestic and international innovation and entrepreneurship teams will receive project startup grants ranging from 200,000 to 500,000 yuan; senior executives and technical personnel of enterprises attracted through investment promotion will be awarded based on their actual contributions to the economy and society.

Strengthen the role of the “Hebi City Inclusive Finance Sharing Platform,” optimize credit approval processes and preferential interest rate arrangements, and enhance full-cycle financing services. Provide land use support for projects that meet the criteria of the National Catalogue of Industries Encouraging Foreign Investment and the Catalogue of Advantageous Industries for Foreign Investment in Central and Western Regions (Henan Province). For key projects managed under the list of priority investment attraction projects, increase support in areas such as land use, environmental protection, energy, finance, talent, and entry-exit facilitation.Streamline project processing procedures, improve approval efficiency, and ensure projects are implemented, commence construction, and begin production as soon as possible. Leverage the municipal joint conference system for foreign investment to promptly coordinate and resolve difficulties and issues encountered during the advancement of key projects.

Regarding the incentive provisions in these policy measures, except for projects supported on a “case-by-case” basis, if a single enterprise qualifies for multiple incentive provisions simultaneously, it may choose one incentive to receive; incentives cannot be stacked. Projects that have already received support under similar policies shall not be eligible for duplicate benefits.The specific reward amounts under the support policies listed in these measures shall be determined based on the enterprise’s actual socio-economic contributions, including fixed assets, investment scale, investment intensity, tax revenue per mu, total tax revenue, and number of employees. Funds allocated to county and district governments and administrative committees shall, in principle, be used for investment promotion efforts.

New investment projects by local enterprises shall be implemented in accordance with these policy measures.

These policy measures shall remain in effect for five years and shall take effect from the date of issuance.


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