Original Title: Notice of the Yangpu District People’s Government on Issuing the “Policy Guidelines of Yangpu District on Accelerating the Cultivation and Development of New-Quality Productive Forces to Promote the Establishment of an Innovative Modern Industrial System Led by the Digital Economy”

Yangfu Fa [2024] No. 5

To All Commissions, Offices, and Bureaus of the District Government, and All Subdistrict Offices:

The "Policy Guidelines of Yangpu District on Accelerating the Cultivation and Development of New-Quality Productive Forces to Promote the Establishment of an Innovative Modern Industrial System Led by the Digital Economy" have been approved by the District Government. They are hereby issued to you for strict implementation.

People’s Government of Yangpu District, Shanghai

April 1, 2024

Yangpu District Policy Guidelines on Accelerating the Cultivation and Development of New-Quality Productive Forces to Promote the Establishment of an Innovative Modern Industrial System Led by the Digital Economy

I. General Provisions

Article 1: Purpose and Basis

These Guidelines are formulated to implement the industrial development orientations of the state, the municipality, and the district; comprehensively enhance Yangpu’s industrial innovation capabilities and development level; and accelerate the construction of a “1+2+3+4” innovative modern industrial system centered on the digital economy.

Article 2: Supported Sectors

1. Digital economy industries centered on the industrialization of digital technologies and supported by the digitization of traditional industries;

2. Industries aligned with the orientation of Shanghai’s “(2+2)+(3+6)+(4+5)” modern industrial system;

3. Industries within the three major 100-billion-yuan clusters—"online new economy, smart manufacturing, and creative design"—and the four emerging fields—"technology services, artificial intelligence, life sciences and health, and green and low-carbon"—that Yangpu is prioritizing for development.

Article 3: Eligible Entities

Enterprises registered and established in Yangpu that operate with integrity, fall within the aforementioned support areas, demonstrate sound development quality and efficiency, have sound financial management systems, and maintain a good credit record.

II. Policy Measures

Article 4: Encouraging Innovative Development

1. R&D Investment Subsidies. Enterprises are encouraged to conduct research and development on key, core, and generic technologies in priority industrial sectors. Eligible enterprises will receive a subsidy of up to 2 million yuan, calculated as a percentage of their R&D investment. (Responsible Unit: District Science and Technology Commission)

2. Intellectual Property Awards. Enterprises and institutions that win the China Patent Award, China Design Award, Shanghai Intellectual Property Innovation Award (Patent Project Award), or similar awards will receive a one-time reward of up to 500,000 yuan, tiered according to achievement level. For eligible high-value patent licensing and transfer projects, funding will be provided at 50% of the actual transaction amount, up to 100,000 yuan. (Responsible Unit: District Market Supervision Bureau)

3. Technology Commercialization Subsidies. Enterprises are encouraged to commercialize R&D outcomes. For R&D outcomes commercialized within the district, following certification and evaluation, subsidies will be provided based on a certain percentage of the investment in obtaining the R&D outcomes, up to a maximum of 5 million yuan. (Responsible Unit: District Science and Technology Commission)

4. Industrial Project Funding. Projects receiving support from national or municipal-level special funds—such as the Major Science and Technology Special Fund, the Strategic Emerging Industries Development Special Fund, the High-Quality Industrial Development Fund, the Service Industry Development Guidance Fund, and the Zhangjiang National Independent Innovation Demonstration Zone Special Development Fund—shall be provided with matching support in accordance with regulations. For district-level projects, the relevant competent authorities shall specify support standards in their respective special policies. (Responsible Units: District Development and Reform Commission, District Commerce Commission, District Science and Technology Commission, etc.)

Article 5: Promoting Quality Improvement and Efficiency Enhancement

5. Qualification Incentives. Enterprises that obtain national or municipal-level qualifications, such as Innovative Enterprise Headquarters, Multinational Corporation Headquarters, Specialized, Refined, Unique, and New (SRUN) enterprises, High-Tech enterprises, or Science and Technology “Little Giants” (including those in the cultivation phase), shall be granted matching incentives in accordance with regulations. For enterprises obtaining district-level qualifications, the relevant competent authorities shall specify the incentive standards in their respective special policies. (Responsible Units: District Development and Reform Commission, District Commerce Commission, District Science and Technology Commission, etc.)

6. Quality and Standardization Incentives. Enterprises that obtain national or municipal honors or awards—such as China Well-Known Trademarks, Shanghai Key Trademarks, “Shanghai Brand” certification, the China Quality Award, the Shanghai Mayor’s Quality Award, or the Shanghai Quality Gold Award—shall be granted incentives of up to 300,000 yuan. For international, national, industry, or local standards that are officially released and implemented, enterprises participating in their drafting and formulation shall be granted incentives based on classification and tier, with a maximum of 300,000 yuan.(Responsible Unit: District Market Supervision Bureau)

Article 6: Support for Strengthening Foundations and Expanding Capacity

7. Rewards for Inclusion in Statistical Reporting. To support high-quality, high-growth enterprises in expanding their production and business operations, one-time rewards will be provided on a categorized and tiered basis to enterprises above a certain scale that are included in or transferred to the National Bureau of Statistics’ online direct reporting platform for the first time. (Responsible Units: District Science and Technology Commission, District Commerce Commission, District Construction Management Commission, District Investment Promotion Office, District Bureau of Statistics)

8. Growth Incentives. High-quality, high-growth enterprises whose annual operating revenue, annual output value, or annual sales exceed a certain threshold for the first time may be eligible for tiered incentives, with a maximum of 1 million yuan. (Responsible Units: District Commerce Commission, District Science and Technology Commission, District Investment Promotion Office, District Bureau of Statistics)

9. Listing Subsidies. The “Pujiang Light Shines on Yangpu” special initiative will be continued. Enterprises that conduct an initial public offering (IPO) and list on major domestic or international securities exchanges may receive subsidies of up to 6 million yuan. (Responsible Unit: District Financial Affairs Office)

Article 7: Promoting Cluster Development

10. Office Space Subsidies. Newly introduced or newly established enterprises that purchase or lease office space for their own use within the district may, if eligible, receive tiered subsidies based on merit, with a maximum of 10 million yuan for property purchases and 5 million yuan for lease agreements. (Responsible Units: District Investment Promotion Office, District Science and Technology Commission)

11. Start-up Cost Assistance. Newly introduced or newly established enterprises that meet the eligibility criteria will be provided with start-up cost assistance on a merit-based, tiered basis, with a maximum of 5 million yuan. (Responsible Units: District Investment Promotion Office, District Science and Technology Commission)

12. Comprehensive Performance Incentives. Enterprises may apply for comprehensive performance incentives, such as operational performance awards, based on factors including their industry sector, development achievements, and socioeconomic benefits. (Responsible Units: District Investment Promotion Office, District Science and Technology Commission)

Article 8: Strengthening Spatial Support

13. Innovation Incubation Incentives. Enterprises are encouraged to initiate or participate in the establishment of various innovation and entrepreneurship platforms, such as high-quality incubators, new R&D institutions, innovation consortia, and startup incubation bases. Innovation and entrepreneurship platforms that receive national or municipal-level designations will be granted incentives in accordance with regulations. Platforms demonstrating significant innovation incubation achievements may also receive appropriate incentives. (Responsible Units: District Science and Technology Commission, District Commerce Commission, District Human Resources and Social Security Bureau, etc.)

14. High-Quality Park Incentives. Support various types of parks in enhancing service quality and industrial capabilities, and promote the specialized and cluster-based development of key industries. Parks that receive an “excellent” rating in annual evaluations shall be granted appropriate incentives in accordance with regulations. (Responsible Units: District Science and Technology Commission, District Commerce Commission, etc.)

15. High-Level Commercial Building Incentives. Efforts to improve the management and operational standards of commercial and business buildings, as well as to enhance resource utilization efficiency and development capabilities, are encouraged. Management and operational entities of buildings where the aggregate contribution of tenant enterprises exceeds 100 million yuan for the first time shall be granted a one-time incentive of up to 1 million yuan. (Responsible Unit: District Investment Promotion Office)

Article 9: Innovative Financial Support

16. Financing Cost Subsidies. Eligible enterprises will receive a subsidy of up to 2 percentage points on the fee rate for guaranteed loans. For district-level policy-based financing guarantee institutions that charge actual guarantee fees below market rates, a reward of up to 2 percentage points will be granted based on the rate differential upon verification. For interest on corporate debt financing, eligible enterprises will receive a subsidy of up to 50% of the interest, capped at 1 million yuan per year, with a maximum subsidy period of 3 years for a single debt. (Responsible Unit: District Financial Affairs Office)

17. Equity Investment Support. Leverage the industrial guidance functions of state-owned capital and government-funded investment funds to foster a virtuous cycle of “technological innovation, industrial upgrading, and financial support.” Through a comprehensive approach combining grant-investment integration and investment-attraction linkage, provide equity investment support to high-quality industrial projects and enterprises with promising development prospects. (Responsible Units: District Financial Affairs Office, District State-owned Assets Supervision and Administration Commission)

Article 10: Diversified Incentives for Talent

18. Support for Innovation Talent. Focus on attracting high-level and urgently needed talent in key industries, and continuously intensify recruitment efforts. Provide various conveniences for innovation and entrepreneurship talent, including business startup support, housing, medical care, and entry-exit services.Talent and projects that win the Yangpu “Startup Star” Competition and subsequently establish operations in the district will receive up to 2 million yuan in funding support. Eligible innovation and entrepreneurship talent will be accommodated in talent apartments or provided with corresponding housing subsidies. Management talent from enterprises that play a significant role and make outstanding contributions to the district’s economic and social development, as well as industrial innovation and upgrading, will be granted appropriate rewards. (Responsible Units: District Party Committee Talent Office, District Human Resources and Social Security Bureau, District Investment Promotion Office, District Science and Technology Commission, etc.)

III. Management Mechanism

Article 11: Joint Review of Industrial Policies

Improve the District Industrial Policy Joint Review Mechanism (hereinafter referred to as the “District Joint Review Committee”). The District Joint Review Committee shall be jointly convened by the Vice District Heads in charge of comprehensive economic affairs and industrial affairs. Member units include the District Development and Reform Commission, the District Commerce Commission, the District Science and Technology Commission, the District Investment Promotion Office, the District Financial Affairs Office, the District Finance Bureau, the District Taxation Bureau, the District Bureau of Statistics, and the District Market Supervision Bureau. Other industrial departments may attend meetings as needed.An Office shall be established under the District Joint Review Committee, located within the District Development and Reform Commission, responsible for formulating the Committee’s rules of procedure and coordinating industrial policy matters. Specialized policies shall be reviewed by the District Joint Review Committee and then submitted to the District Party Committee and District Government for approval in accordance with established procedures.

Article 12: Management of Industrial Support Funds

Industrial support funds shall be incorporated into departmental budget management. Budgetary departments (units) shall be responsible for implementing industrial policies and shall be accountable for the results of budget execution. The lead department for special policies shall organize and carry out performance management in accordance with the requirements of the "Implementation Rules for Policy Budget Performance Management in Yangpu District." The District Finance Bureau shall be responsible for ensuring the availability and supervising the use of industrial support funds, shall formulate management measures for the use of such funds in conjunction with relevant departments, and shall select relevant policies to conduct performance evaluations.

Article 13: Industrial Project Attraction Mechanism

The District Investment Promotion Office is responsible for optimizing and improving the mechanisms for attracting and incentivizing industrial projects. It shall work with industrial departments to advance efforts to extend, consolidate, supplement, and strengthen key industrial chains, as well as facilitate the implementation of industrial projects.

IV. Supplementary Provisions

Article 14: Policy Coordination

Following the issuance of these Guidelines, all special policies currently in effect shall continue to be implemented. For matters covered by these Guidelines that require continued implementation upon expiration, they shall be revised and implemented in accordance with these Guidelines. Matters not explicitly addressed in these Guidelines shall be clarified by the relevant departments based on actual work circumstances.

Responsible units and relevant industrial authorities shall formulate or revise relevant special policies within the framework of these Guidelines. Special policies shall be developed based on the actual conditions of key industrial sectors, adhering to the principles of “total control, structural optimization, precise targeting, and standardized efficiency” in the management and use of industrial support funds. They may select relevant policy measures from these Guidelines or, based on industrial characteristics, propose specialized supplementary measures.

Article 15: Determination of Industrial Sectors

Following the issuance of these Guidelines, newly established or newly introduced enterprises shall be reported by the enterprise registration authority to the relevant policy authorities and the District Bureau of Statistics concurrently with the enterprise’s registration, in accordance with the National Bureau of Statistics’ “Statistical Classification of the Digital Economy and Its Core Industries (2021)” standards and the enterprise’s primary business activities. The District Bureau of Statistics shall be responsible for conducting annual spot checks on a certain proportion of enterprises and providing data support for tracking and analyzing key industries such as the digital economy.Enterprises that have already completed industry sector identification prior to the implementation of these guidelines may continue to receive relevant support.

Article 16 Other Provisions

1. These guidelines shall take effect on the date of issuance and remain valid for five years. Should there be any adjustments or changes to laws, regulations, or relevant applicable policies during the implementation period, such provisions shall prevail.

2. With regard to various support measures issued by the state, the municipality, or the district, the principle of “choosing the most favorable option without duplication” shall apply to identical matters.