Original Title: Notice on the Issuance of the "Implementation Opinions on Promoting the Development of the Carbon Finance Industry in Hongkou District"

I. General Arrangements

Article 1 These Opinions apply to carbon finance enterprises and functional institutions established within Hongkou District that have sound financial management systems and good credit standing.

Carbon finance enterprises refer to enterprises engaged in the trading and investment of carbon emission rights and their derivatives, investment and financing for low-carbon project development, carbon asset development and management, carbon market consulting and training, and other related financial services.

Functional institutions refer to organizations that provide services such as intellectual property, legal, financial management, and business incubation to carbon finance enterprises, as well as industry organizations in the carbon finance sector.

Article 2 The required support funds shall be allocated from the District Special Fund for the Development of the Financial Services Industry and shall be implemented by the District Financial Work Bureau in accordance with the relevant policies governing the special fund.

II. Encouraging the Establishment of Carbon Finance Enterprises and Support Organizations

Article 3: For newly introduced carbon finance enterprises, upon certification, a one-time investment incentive of up to 3% of the paid-in registered capital shall be granted, with a maximum of 5 million yuan.

Article 4: For newly introduced carbon finance functional institutions, upon verification, one-time rewards of up to 1.5 million yuan, 800,000 yuan, and 500,000 yuan shall be granted for international-level, national-level, and provincial/ministerial-level and below institutions, respectively.

Article 5: For newly introduced carbon finance enterprises and functional institutions that lease office space for their own use in Hongkou, a subsidy of 20% of the annual rent shall be provided based on the actual leased area. If the rent deviates from market prices, the subsidy shall be calculated based on the market guidance price. The annual rent subsidy shall not exceed 3 million yuan, and the subsidy period shall not exceed three years.

III. Enhancing the Industrial Development Environment

Article 6: Enterprises are encouraged to participate in market expansion and industry exchanges. Enterprises recommended by the District Financial Bureau to participate in exhibitions, talent exchange fairs, and related activities held at the national or Shanghai municipal levels shall, upon approval, receive a one-time subsidy of up to 70% of the actual booth fees incurred, with a maximum of 100,000 yuan.

Article 7: Support is provided for conferences, themed exhibitions, and other events with significant influence that optimize the development environment for the district’s green finance and carbon finance sectors to be held in Hongkou. Upon verification, subsidies of up to 1 million yuan, 500,000 yuan, and 300,000 yuan will be granted for international, national, and local-level events, respectively. In principle, the subsidy amount shall not exceed 50% of the total actual expenses incurred for the event.

IV. Strengthening Talent Support

Article 8: For newly introduced carbon finance enterprises and functional institutions that meet the criteria for headquarters-type organizations, senior management personnel (including but not limited to positions such as Chairman, General Manager, and Chief Supervisor) shall, upon approval, receive a relocation allowance of up to 200,000 yuan per person. If such personnel purchase their own housing in Shanghai, they shall, upon approval, receive a housing subsidy of up to 500,000 yuan per person. The housing subsidy and relocation allowance shall be the higher of the two, but cannot be claimed concurrently.

Article 9: Newly introduced carbon finance enterprises and functional institutions are encouraged to actively engage in various training programs and further education. Based on the scale of the enterprise, senior management personnel holding the position of Deputy General Manager or equivalent and above, upon verification, shall be granted a certain reward commensurate with their contribution to the enterprise.

Article 10: One-stop services will be provided to high-end carbon finance talent in areas such as visa processing, talent recruitment, work permits, professional certification, residence permit points, and applications for talent apartments. For key talent meeting the criteria for applying for Shanghai household registration and talent residence permits, a “green channel” will be established to provide convenient access to medical care, children’s school enrollment, and other services.

Article 11: For newly recruited managers and key R&D personnel from carbon finance enterprises and functional institutions, upon verification, those who move into Hongkou District talent apartments or lease residential housing for their own use shall be granted a subsidy not exceeding one-third of the actual rent. The maximum monthly rent subsidy per person shall not exceed 3,000 yuan, and the subsidy period generally shall not exceed three years.

V. Supplementary Provisions

Article 12: If a single enterprise is eligible for multiple support policies in this district simultaneously, policies of the same category shall be implemented according to the principle of “selecting the highest benefit without duplicate benefits.” Enterprises receiving support funds must comply with relevant requirements for the use of fiscal funds.

Article 13: These guidelines shall take effect on October 1, 2022, and remain valid until September 30, 2027. The District Financial Work Bureau shall be responsible for their interpretation.