Development support policies for 7 preferential industries, 3 commonality policies to promote industrial development

Updated: 2018-11-09

Favorable pricing system: Any industrial park that has fulfilled the requirement set up by Guangdong provincial government and Guangzhou municipal government as meaning to support the development of strategic emerging industry, will be entitled to have 30percent price discount on the land use.

Underground space: An industrial park for the emerging industry is encouraged to explore the use of underground space, and the underground space won't be calculated in the land transfer fee.

Rate of progress: the overall planning and infrastructure development will begin in 2 years after the signing of the land transfer contract; and the development for industrial related facilities should not fall behind the development for non-industrial supporting facilities. 

Directional leasing: An industrial park that has passed relevant evaluation will be allowed to sell industrial space, office space and supporting residential buildings; while these buildings are only for sale to those enterprises that have plans to settle in the park, but not to any individual.

Land tenure: Up to 50 years for the land use of industrial park for the emerging industry

Sale proportion: the proportion of leased or self-use properties, including industrial land, office space and residential building, should not be lower than 20percent of the total; and the for-sale property should be no more than 80percent of the total.

IX Intermediaries 

Object of reward: Any domestic or foreign-funded legal-person investment consultation agency, with investment promotion experiences for major projects, offering first-hand project information to Nansha and facilitating the settlement of these projects in Nansha.

Record-filing procedure: These investment consultation agencies are required to report to investment promotion authority in Nansha for record-filing, and only verified agencies will be allowed to carry out investment promotion related business on behalf of Nansha; and investors are also required to submit entrusting authentication document were they choose to use these agencies.

Project orientation: These projects should fall within the preferential industries of Nansha and are capable of bringing economic contribution to Nansha, such as headquarters economy, advanced manufacturing, shipping logistics, scientific and technological innovation, industry-specific financing, high-end trade and modern service industry among others.

Recommendation award: An investment consultation agency will be awarded with a subsidy equaling to 3‰ of the registered capital of a newly settled enterprise; if the newly settled enterprise is a top 1000 enterprise in the world, a key central enterprise, a top 500 enterprise in China, a top 500 private enterprise in China, or a transnational corporations that are recognized by the Ministry of Commerce, the ratio will be further raised to 3.3‰.

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