This incentive policy is formulated to comprehensively enhance the level of multi-tiered openness and cooperation, closely align with the development of Ya’an as the “First City on the Sichuan-Tibet Railway” and a “Model City for Green Development,” accelerate the construction of the “Three High-Grounds,” vigorously develop the “Four Major Economic Sectors,” focus on the “Three Cities and Three Demonstrations,” and promote high-quality development in Ya’an.
Chapter I General Provisions
Article 1 This incentive policy is designed to support enterprises investing in Ya’an that have sound financial systems, operate on an independent accounting basis, and are included in statistical reporting for green industrial projects such as the “1+4” modern industrial sector, the “4+6” modern service sector, and the “5+3” modern agricultural sector. Priority support will be given to sectors such as “big data, advanced materials, culture, sports, and tourism, health and wellness (traditional Chinese medicine and the broader health sector), modern logistics, and the tea industry” that align with the city’s key green industries and green, low-carbon industries with competitive advantages.
Article 2 Projects eligible for this incentive policy must meet national industry standards for carbon emissions. Specifically: for secondary and tertiary industry projects, the fixed-asset investment per phase must be 100 million yuan or more; for primary industry projects, the fixed-asset investment per phase must be 20 million yuan or more.
Chapter II Land Support Policies
Article 3 Industrial Land Support
(1) Enterprises with new projects located in provincial-level or higher economic and technological development zones shall be supplied with new industrial land under the “standard land” system in accordance with the “Notice of the General Office of the People’s Government of Sichuan Province on Promoting the Reform of ‘Standard Land’ for Industrial Use” (Chuan Ban Fa [2021] No. 11).
(2) For industrial projects that fall under the province’s priority development industries and make intensive use of land, the minimum land transfer price may be set at no less than 70% of the national minimum standard for industrial land transfers corresponding to the land grade of the location. Up to 7% of the total land area of an industrial project may be used for the construction of administrative offices and living service facilities in accordance with relevant regulations.
(3) Enterprises are encouraged to acquire project land through leasing, lease-to-own arrangements, or combined lease-and-sale methods. Bidding enterprises are permitted to pay the land transfer price in installments within the stipulated period as agreed in the transfer contract (a down payment of 50% of the transfer price must be paid within one month of contract signing, with the balance to be paid in full within one year as specified in the contract).
Article 4 Support for Logistics Land Use
Land for introduced logistics projects shall be included in the annual construction land supply plan and transferred through public bidding, auction, or listing in accordance with the law. Seventy percent of the land in logistics parks may be used for the construction of warehousing facilities, and 30% may be used for the construction of comprehensive supporting facilities (the proportion of various land uses relative to the total land area shall be implemented in accordance with national standards).
Article 5: Support for Cultural Tourism Land
(1) Within the scope permitted by laws, regulations, and policies, and subject to compliance with land use control regulations, support will be provided for the development of cultural and tourism projects on barren mountains, slopes, wastelands, and abandoned mine sites. Within the quota for new construction land, priority will be given to major cultural and tourism projects and culturally distinctive villages that comply with relevant planning requirements. Except for permanent construction land, land may be provided to project owners through leasing or trusteeship arrangements without altering the existing land use designation.
(2) For land used by newly introduced cultural and tourism enterprises, provided that the systems for protecting cultivated land and the special protection of permanent basic farmland are strictly implemented, land classified as natural landscape land or land used for agricultural, pastoral, or fishery cultivation and breeding shall not be expropriated (reclaimed) or converted, and shall be managed according to its current use. Land involving production facilities and auxiliary facilities directly used for crop cultivation and livestock, poultry, and aquaculture production in agricultural production shall be managed as facility agricultural land.
Chapter III Support Policies for Factory Buildings and Equipment Subsidies
Article 6 Factory Building Support Policy: For key industrial incentive projects attracting investment with an actual investment amount of 1 billion yuan or more, upon the enterprise’s request, a third-party enterprise may enter into a construction management contract with the investing enterprise. The third-party enterprise shall construct project buildings and supporting facilities in accordance with the construction drawings designed by the enterprise following fiscal review. The enterprise shall repurchase these assets in installments without interest within five years starting from the year of completion and commencement of production.
Article 7 For newly established enterprises moving into standard factory buildings, subsidies for factory rent shall be provided through a “pay first, then receive subsidy” approach. A six-month construction period is granted, during which rent is waived; for the three years following the expiration of this period, rent is subsidized at half the rate. For enterprises that move in during the current year and achieve annual sales revenue of 20 million yuan or more, the full amount of rent for that year shall be subsidized.
Article 8: Equipment Support Policy
For newly established advanced materials projects with fixed-asset investments of 500 million yuan or more and an investment intensity of no less than 2 million yuan per mu, the beneficiary local government may provide subsidies for production equipment based on a certain percentage of the local economic contribution, with the total subsidy not exceeding 100 million yuan: If the annual per-mu local economic contribution reaches 180,000 yuan after the project reaches full production capacity, production equipment may be subsidized at a rate of up to 6% of the equipment purchase price;If the annual per-mu local economic contribution reaches 200,000 yuan after the project reaches full production capacity, a subsidy of up to 8% of the equipment purchase price may be granted for production equipment; If the annual per-mu local economic contribution reaches 240,000 yuan after the project reaches full production capacity, a subsidy of up to 10% of the equipment purchase price may be granted for production equipment (industrial technical renovation and capacity expansion projects shall be implemented in accordance with these provisions).
Chapter IV Fiscal Support Policies
Article 9 Enterprises investing in our city that meet the provisions of the “Announcement by the Ministry of Finance, the State Taxation Administration, and the National Development and Reform Commission on Extending Corporate Income Tax Policies for the Western Development” (Ministry of Finance Announcement No. 23 of 2020), whose primary business consists of industrial projects specified in the “Catalog of Encouraged Industries in the Western Regions,” and whose primary business revenue accounts for more than 60% of the enterprise’s total revenue, shall be subject to corporate income tax at a reduced rate of 15%.High-tech enterprises that are key national support targets and meet the prescribed conditions shall be subject to a reduced corporate income tax rate of 15%; those that meet the conditions for other tax incentives, such as additional deductions for R&D expenses and accelerated depreciation of fixed assets, shall fully enjoy the relevant preferential policies.
Article 10: Newly established foreign-invested enterprises, as well as existing foreign-invested enterprises that increase capital or expand production scale, shall receive a one-time reward of 500,000 RMB if their actual到位 funds are between 10 million USD (inclusive) and 20 million USD (exclusive); a one-time reward of 1 million RMB if their actual到位 funds are between 20 million USD (inclusive) and 50 million USD (exclusive);for actual capital contributions of US$50 million or more (inclusive), a one-time reward of RMB 2 million shall be granted.
Article 11: Investors are encouraged to acquire, merge with, or gain controlling stakes in the high-quality assets of relevant enterprises to implement cross-regional, cross-industry, and cross-ownership cooperative restructuring. For enterprises that operate normally following a merger or restructuring, the beneficiary local government shall provide financial support equivalent to 50% of the project’s new contribution to the local economy for a period of three years starting from the date of declaration and payment of the first tax installment (excluding withholding taxes).For acquisitions, mergers, or the acquisition of controlling stakes in relevant enterprises within Ya, 30% of the new contribution to the local economy generated by the equity transaction shall be used to support the enterprise’s expanded reproduction of new projects in Ya.
Article 12: Guide and Support the Development of Headquarters Economy.
(1) Incentives for relocating corporate headquarters to Ya’an.For Ya’an-based enterprises that relocate their headquarters back to Ya’an after a “backdoor listing” elsewhere, or for enterprises listed outside the city that relocate their headquarters back to Ya’an and pay taxes in Ya’an, the beneficiary fiscal authority shall provide financial support over the first three years equivalent to 50%, 40%, and 30% of the enterprise’s new contribution to the local economy, respectively. In subsequent years, the beneficiary fiscal authority shall provide a subsidy for administrative costs incurred in communications between the enterprise’s operational headquarters and its registered headquarters, equivalent to 20% of the enterprise’s new contribution to the local economy, with a maximum cap of 2 million yuan.
(2) Incentives for Newly Introduced Headquarters Enterprises. For newly introduced headquarters, starting from the year of designation, financial support will be provided based on their annual new contribution to the local economy: 60% for the first three years and 40% for the following two years.
Article 13: For newly introduced industrial projects (excluding energy and chemical projects) with an annual tax payment of 5 million yuan or more, where logistics costs for product transportation account for more than 15% of production costs and the projects meet the eligibility criteria, a logistics subsidy of up to 10% of the total logistics expenses may be granted upon certification. The annual subsidy for a single enterprise shall not exceed 1 million yuan, and the subsidy period shall not exceed three years.
Chapter V Incentive Policies for Social Investment Promoters
Article 14 Innovative investment promotion measures shall be implemented, actively pursuing commissioned and agency-based investment promotion. Various business associations, industry organizations, intermediary agencies, venture capital firms, or individuals (excluding Party and government organs, public institutions, mass organizations, state-owned enterprises, and other personnel funded by the public treasury) are encouraged to participate in investment promotion. Those who successfully attract major industrial projects to invest and construct in Ya’an may be rewarded in accordance with the provisions of Article 15.
Article 15 Reward Standards for Social Investment Promoters: If a project is completed, put into operation, and pays taxes as scheduled, the social investment promoter may be rewarded at a rate of 2‰ of the project’s fixed-asset investment, with a maximum reward of 5 million yuan per project.
Article 16: Social investment promoters (excluding personnel from Party and government organs, public institutions, people’s organizations, state-owned enterprises, and other state-funded entities) who attract major corporate groups to invest in Ya’an shall be entitled to acquire, for consideration, up to 5% equity in the newly established enterprise, provided that a state-owned enterprise under the jurisdiction of Ya’an City holds a stake in or controls the major corporate group and the latter establishes a new enterprise in Ya’an, and subject to the approval of the external investor.
Chapter VI Financial Support Policies
Article 17: For incentive projects in key industries under investment promotion, upon completion and commencement of production, interest subsidies shall be provided for loans taken during the project construction period at 50% of the LPR published by the People’s Bank of China at the time the loan was obtained. The subsidy period shall not exceed two years, and the cumulative subsidy for a single project shall not exceed 500,000 yuan.
Article 18 Financial innovation services, including emergency bridge loans, risk compensation funds for loans to private and small and micro enterprises, tax-backed loans (Tax Easy Loan), industrial park guarantee loans, trademark pledge loans, and accounts receivable financing, shall be provided to assist enterprises in obtaining credit funds.
Article 19: Enterprises registered and paying taxes within the jurisdiction of Ya’an that raise capital through an initial public offering (IPO) on the main boards of the Shanghai Stock Exchange or the Shenzhen Stock Exchange shall receive a cumulative subsidy of 10 million yuan from the relevant fiscal authorities, distributed across three phases.Phase 1: Upon submitting an application to the Sichuan Securities Regulatory Bureau for guidance and obtaining a filing notification, a subsidy of 3 million yuan will be provided after submission of relevant supporting documents; Phase 2: Upon formal acceptance of the initial public offering (IPO) application materials by the China Securities Regulatory Commission (CSRC), a further subsidy of 3 million yuan will be provided after submission of relevant supporting documents; Phase 3: For enterprises successfully listed on the Shanghai or Shenzhen Stock Exchanges, a further subsidy of 4 million yuan will be provided after submission of relevant supporting documents.For companies raising capital through an IPO on the STAR Market of the Shanghai Stock Exchange or the ChiNext Board of the Shenzhen Stock Exchange, the local government will provide a cumulative financial subsidy of 10 million yuan in two stages. Stage 1: Upon formal acceptance of the listing application by the Shanghai Stock Exchange or the Shenzhen Stock Exchange, the local government will provide a subsidy of 4 million yuan; Stage 2: For companies that successfully list on the STAR Market or ChiNext Board, an additional subsidy of 6 million yuan will be provided.For companies raising capital through an initial public offering (IPO) on the Beijing Stock Exchange or major overseas capital markets (such as the New York Stock Exchange, NASDAQ, the London Stock Exchange, and the Hong Kong Stock Exchange), the relevant local government shall provide a one-time financial subsidy of 5 million yuan.
Chapter 7 Support Policies for the Supply of Production Factors
Article 20 Support key industrial incentive projects in investment promotion to participate in market-based electricity trading, leveraging Ya’an’s comparative advantage in electricity prices; for key industrial incentive projects in investment promotion that comply with national industrial policies, environmental protection policies, and energy conservation and emission reduction policies, special subsidies shall be provided on a “case-by-case” basis in accordance with the relevant provisions on the use and management of funds under the retained electricity policy.
Article 21 Assistance shall be provided to key industrial incentive projects resulting from investment promotion to coordinate and resolve issues related to natural gas pipeline network infrastructure. For projects with a daily natural gas consumption of 100,000 cubic meters or more, conditions shall be created to facilitate the transition from indirect to direct supply.
Article 22: Provide “six utilities and one site preparation” infrastructure for key industrial incentive projects. “Six utilities” refers to the provision of roads, water supply, drainage, electricity, natural gas, and telecommunications facilities up to the property boundary line. “One site preparation” refers to the demolition of structures and the removal of surface attachments such as crops, bamboo, and trees within the project’s property boundary.
Article 23: For incentive projects in key industries under investment promotion, approval procedures shall be streamlined, and “concierge-style” services covering the entire process shall be provided.
Chapter 8 Science, Technology, and Talent Support Policies
Article 24: Enterprises that have settled in Ya’an and are recognized as high-tech enterprises in Ya’an, or that have established and put into normal operation R&D platforms such as engineering technology research centers, new-type R&D institutions, key laboratories, and technology incubators, shall be granted a one-time financial subsidy in accordance with the relevant provisions of the city’s science and technology innovation policies upon certification.
Article 25 For incentive projects in key industries targeted for investment attraction, from the year of establishment through the fifth year, high-level management personnel and leading technical experts (not exceeding 8% of the total number of employees for whom the company pays social insurance, or 10% for strategic emerging enterprises) who have an annual salary of 200,000 yuan or more and have been employed by the enterprise for at least one year shall receive a financial reward from the beneficiary fiscal authority equivalent to 100% of the new contribution their salaries make to the local economy.
Article 26 Enterprises are encouraged to conduct diverse forms of employee skills enhancement training. When an enterprise organizes various types of employee training—such as pre-employment training, on-the-job training, new apprenticeship training, and technician training—through its own training institutions or government-recognized training institutions, the enterprise shall apply to the local human resources and social security department for approval to launch the program and submit relevant materials including the training plan, list of trainees, and employment contracts. For employees who complete the training according to the prescribed number of class hours, pass the assessment, and obtain certificates(such as vocational qualification certificates, vocational skill level certificates, specialized vocational ability certificates, special operations operation permits, special operations personnel certificates, and training completion certificates), the enterprise shall be granted vocational training subsidies in accordance with the applicable standards. For eligible employees of the enterprise who are currently insured and have obtained entry-level, intermediate, or advanced vocational qualification certificates (excluding professional and technical categories) or skill level certificates, the Unemployment Insurance Fund shall provide skill enhancement subsidies ranging from 1,000 to 2,500 yuan.
Article 27: The spouses and minor children of mid-to-senior-level management personnel and leading technical experts from enterprises investing in Ya’an may relocate with them. If children need to transfer to local primary and secondary schools (including kindergartens), the industrial park where the project is located shall coordinate with municipal, county, and district education departments six months in advance to facilitate enrollment. Senior management personnel and key technical staff of the enterprise shall be granted priority access to medical services in Ya’an.
Chapter IX: Policy Implementation
Article 28 Contract-based management of investment projects shall be strictly enforced. In principle, project owners shall sign investment contracts with the county (district) or economic and technological development zone where the project is located, specifying the intensity, content, scale, progress, and exit conditions of the investment project. The formal contract shall serve as the basis for the allocation of various resources and the fulfillment of preferential policies.
Article 29. During the implementation of this policy, if new laws, regulations, or policies issued by the state or province regarding investment promotion are enacted, such provisions shall prevail. For the same project or matter that meets the requirements of this policy, the municipal government shall apply the principle of “choosing the higher benefit without duplicate benefits.” For modern service industry projects, the scope of preferential policies applies to the self-operated portion of the project, unless otherwise specified. The cumulative benefits from overlapping policies shall not exceed the enterprise’s new contribution to the local economy.
Article 30 Enterprises shall submit applications to the local investment promotion authority. The investment promotion authority shall take the lead in engaging a third-party institution to assess, verify, and accept the enterprise’s fulfillment of agreed-upon obligations. Thereafter, the investment promotion authority shall submit an application to the finance department, which shall take the lead in reviewing the application in accordance with procedures and making unified arrangements for the fulfillment of benefits. Applications for support policies shall be submitted in the first quarter of the following year, with payments disbursed in the second quarter.
Article 31 The negative list management system for enterprise investment shall be strictly implemented. For enterprises that have already established operations, if any major or particularly serious work safety accidents, severe environmental violations, penalties imposed by relevant authorities, or serious tax evasion occur during the operational period, the enterprise’s eligibility for preferential policies or rewards shall be revoked, and any preferential policies or rewards already received shall be recovered.
Chapter X Supplementary Provisions
Article 32. The “1+4” modern industrial sector referred to in this policy refers to: big data combined with the four key industries of advanced materials, clean energy, equipment manufacturing, and food and pharmaceuticals.
“4+6” modern service industries refer to the four key service sectors—culture, sports, and tourism; big data and e-commerce; modern logistics; and health and wellness services—combined with the six foundational and emerging service sectors: commerce and trade; financial services; real estate services; technology and information services; exhibition and convention services; and human resources services.
“5+3” modern agriculture refers to the five major distinctive and competitive industries—Ya Tea, Ya Bamboo, Ya Fruit, Ya Medicine, and Ya Fish—plus the three leading industries of modern agricultural seed production, modern agricultural equipment, and modern agricultural drying and cold-chain logistics.
Article 33 For projects characterized by high investment intensity, exceptionally high tax revenue per mu, or those that play a leading and driving role in the city’s economic and social development, more preferential policies may be implemented through a “case-by-case” or “enterprise-specific” approach, in accordance with the decision-making procedures for major economic matters at the municipal level.
Article 34. All rewards and subsidies covered by this policy shall be denominated in Renminbi and are pre-tax amounts. All subsidies, rewards, and other benefits mentioned in this policy shall be borne by the relevant fiscal authorities.
Article 35. A joint review mechanism for key projects shall be established. As needed, periodic joint consultations shall be held to address major issues arising during the implementation of key projects, including land use, planning, environmental protection, financing, and utilities (water, electricity, gas, and fire safety), to clarify responsibilities and ensure timely resolution.
Article 36. In the course of investment promotion, where errors or omissions arise due to major adjustments in national policies or policy ambiguities—and such errors or omissions are not attributable to personal will, provided that decision-making procedures were followed, no personal gain was sought, and there was no subjective intent—the relevant responsible persons shall not be held liable.
Article 37. Any project that aligns with our city’s key green industry development plan shall be implemented in accordance with the detailed rules for industrial support established by the competent industry authorities.
Article 38. This policy shall take effect on April 8, 2022, and remain valid for a period of five years.
