Original Title: Notice of the General Office of the Yulin Municipal People’s Government on Issuing the Preferential Policies for Investment Promotion of Industrial Projects in Yulin City
Preferential Policies for Investment Promotion of Industrial Projects in Yulin City

Article 1: This policy applies to investment-attracted enterprises (projects) that are legally registered, pay taxes, and are included in the statistical system in Yulin, possess independent legal person status, and operate on an independent accounting basis. This includes industries consistent with Yulin’s development plan, such as high-end equipment manufacturing, ecological environmental protection, modern specialty agriculture, cultural tourism, and modern service industries, as well as strategic emerging industries such as the digital economy, aerospace, intelligent unmanned systems, new energy vehicles, and new materials.This policy does not apply to projects prohibited under the latest national "Negative List for Market Access," "high-energy-consumption and high-emission" projects, various types of fiscally funded, charitable, or public welfare donation projects, wind power and photovoltaic power generation projects, coal, oil, and natural gas extraction projects, resource allocation projects, market allocation projects, or "case-by-case" projects.

Article 2: Land Subsidy. For projects that align with Yulin City’s priority development sectors or strategic emerging industries, and where the per-mu investment exceeds the average value of Category A enterprises of the same type as determined by Yulin City’s per-mu efficiency evaluation (the recommended value in the Guidelines for New Industrial Projects), a financial subsidy equal to the percentage by which the per-mu investment exceeds the average value shall be provided upon commencement of production. This subsidy shall be proportional to the total land transfer fee (up to a maximum of 100%).

Article 3: Electricity Subsidies. For strategic emerging industry projects with an annual electricity consumption of 100 million kWh or more, priority shall be given to locating them within pilot zones for incremental power distribution networks. Electricity rates shall be determined through negotiation between the municipal and county (or industrial park) authorities and the enterprise, with reference to the electricity rates of similar projects in comparable regions.

Article 4. Factory Space Lease Subsidies. For projects that occupy standardized factory space and achieve annual tax payments of 100 yuan/square meter, 300 yuan/square meter, or 500 yuan/square meter, rent subsidies of 20%, 50%, or 100% of the annual rent, respectively, shall be provided for a period of three years.

Article 5: Fixed Asset Investment Incentives. For newly introduced domestic capital projects in the primary and tertiary sectors with fixed asset investments of 10 million yuan or more, a reward of 5% of the actual completed fixed asset investment (excluding land costs) shall be granted;For newly introduced domestic capital projects in the secondary sector, rewards of 1% and 2% of the actual completed fixed asset investment amount shall be granted for investments between 30 million and 50 million yuan (including 30 million yuan) and 50 million yuan or more, respectively. The maximum reward for a single project shall not exceed 30 million yuan.

Article 6: Foreign Investment Incentives. For direct investment projects established by foreign investors in Yulin City, new projects with an annual investment of 3 million USD or more and capital increase projects of 1 million USD or more shall be granted an incentive equal to 3% of the investment amount. The maximum incentive for a single project shall not exceed 30 million RMB.

Article 7: Industrial Collaboration Incentives. Enterprises that procure products manufactured by companies established through investment promotion for upstream and downstream supply chain integration will be granted certain incentives.

Article 8: Rewards for Scientific Research and Technology Commercialization. Unicorn enterprises, gazelle enterprises, specialized, refined, distinctive, and innovative enterprises, and high-tech enterprises that relocate their entire operations to Yulin City and commit to remaining in Yulin City for 10 years shall be granted one-time rewards of RMB 2 million, RMB 1 million, RMB 500,000, and RMB 300,000, respectively.

Article 9: Talent Recruitment Incentives. For high-level leading talents, senior management personnel, or full-time doctoral graduates recruited by enterprises established through investment promotion, the enterprise will receive a one-time reward of 2 million yuan and 400,000 yuan per recruit (up to 8 per enterprise), respectively, to be paid in equal installments over 5 years.Talent Green Cards will be issued to recruited talent and corporate executives, entitling them to policies such as free accommodation in talent apartments for three years or an annual housing subsidy of 20,000 yuan per person. Priority will be given to their children’s school enrollment, family members’ employment, and expedited passage at airports and train stations.

Article 10: Employment Subsidies. For newly introduced enterprises that sign labor contracts of one year or longer with employees and fully pay social insurance contributions, and that create 50 or more new jobs (excluding personnel already covered by Article 9), the enterprise will receive monthly employment subsidies of 3,000 yuan per person for senior-level professionals, 2,000 yuan per person for intermediate-level professionals, and 1,000 yuan per person for skilled workers.Subsidies for a single enterprise shall be cumulative over three years, with a maximum of 100 people subsidized annually.

Article 11: Financial Guidance and Support. For non-local listed companies, as well as companies listed on the Innovation Layer and Basic Layer of the National Equities Exchange and Quotations (NEEQ), that relocate their registered office and tax registration to Yulin City and commit to remaining in Yulin City for 10 years, rewards of 10 million yuan, 3 million yuan, and 2 million yuan will be granted, respectively. These rewards will be disbursed over three years at 30%, 30%, and 40% of the total reward amount, respectively.For investment projects that align with Yulin City’s industrial planning and have funding needs, support may be provided by Yulin City’s various levels of investment promotion venture capital funds or industrial guidance funds.

Article 12: Support for Establishing Corporate Headquarters.For headquarters enterprises newly established or relocated to Yulin City that commit to maintaining their registered address in Yulin City for 10 years without reducing their registered capital, settlement incentives of up to 35 million yuan, 25 million yuan, and 15 million yuan will be granted based on paid-in monetary capital of 1 billion yuan or more, 500 million to 1 billion yuan (including 500 million yuan), and 100 million to 500 million yuan (including 100 million yuan), respectively.The rewards will be disbursed over three years at 30%, 30%, and 40% of the total reward amount, respectively.

Article 13: Support for Investment Promotion Agencies. For investment promotion agencies or individuals that sign cooperation agreements with the city, counties (or industrial parks), upon the completion and operation of the project, a reward of 6‰ of the actual utilized foreign investment will be granted for introduced foreign investment projects, with a maximum reward of 10 million yuan per project.For projects in agriculture (including agricultural processing), social services, strategic emerging industries, and domestic industrial sectors, rewards shall be granted at rates of 4‰, 3‰, and 2‰, respectively, of the actual completed fixed-asset investment. The maximum reward for a single project shall not exceed 5 million yuan.

Article 14: To claim benefits under this policy, project owners shall submit an application to the local county, city, or district government or the management committee of a municipal-level industrial park. After preliminary review, the application shall be submitted to the Municipal Investment Promotion Working Committee for approval. The relevant funds shall be disbursed from the “fund pool” designated for the implementation of investment promotion policies. Except for Article 13 (intermediary-assisted investment promotion), where the county, city, or district (industrial park) hosting the project shall bear the full cost, the subsidy funds under other provisions shall be shared between the municipal and county (industrial park) levels in accordance with a specified ratio.Yuyang District, Shenmu City, Fugu County, and municipal-level industrial parks shall share the burden in a 2:8 ratio between the city and the county; Jingbian County and Dingbian County shall share in a 4:6 ratio; and Hengshan District and Nanbu County shall share in a 5:5 ratio.The municipal finance department shall allocate 1 billion yuan annually to the “fund pool.” If funds are insufficient in the current year, the shortfall shall be carried over to the following year for disbursement based on the chronological order of project commencement. Where a project qualifies for both this policy and other preferential policies at the central, Shaanxi Provincial, or Yulin Municipal levels, benefits shall be granted according to the most favorable terms without duplication. All amounts involved are in Renminbi (RMB), and all rewards and subsidies are stated as pre-tax amounts.

Article 15: The Office of the Municipal Investment Promotion Working Committee is responsible for interpreting this policy and shall formulate supporting implementation rules separately. This policy shall take effect on the date of issuance and shall not apply retroactively; it shall be revised as appropriate based on implementation results.

Link: Policy Interpretation of the "Yulin City Preferential Policies for Industrial Project Investment Promotion"