Normative Document No 1  of the Nansha District Bureau of Industry and Information Technology of Guangzhou Municipality
Notice of Nansha District Bureau of Industry and Information Technology of Guangzhou Municipality and the Office of the Leading Group for Paired-up Assistance in Nansha District of Guangzhou Municipality on Issuing the Implementation Measures of Nansha District for Encouraging Enterprises to Invest in the Guangzhou Nansha (Pingyuan and Jiaoling) Industrial Transfer Park
All towns and street communities, departments of Nansha Development Zone (Nansha district), and units directly under the district,
The Implementation Measures of Nansha District for Encouraging Enterprises to Invest in the Guangzhou Nansha (Pingyuan and Jiaoling) Industrial Transfer Park have been approved according to procedures and are hereby issued to you. Problems encountered in the implementation shall be directly reported to the Nansha district bureau of industry and information technology of Guangzhou municipality and the office of the leading group for paired-up assistance in the Nansha district of Guangzhou municipality.
Nansha District Bureau of Industry and Information Technology of Guangzhou Municipality
Office of the Leading Group for Paired-up Assistance in Nansha District of Guangzhou Municipality
April 20, 2022
Implementation Measures of Nansha District for Encouraging Enterprises to Invest in the Guangzhou Nansha (Pingyuan and Jiaoling) Industrial Transfer Park
Article 1 In order to implement the decisions of the CPC Provincial Committee and People's Government of Guangdong Province on the revitalization of eastern, western, and northern Guangdong and the paired-up collaboration between Guangzhou and Meizhou, and between Nansha district and Pingyuan and Jiaoling, accelerate the building of the Guangzhou Nansha (Pingyuan and Jiaoling) Industrial Transfer Park (hereinafter referred to as the "park") and encourage Nansha enterprises to invest and start businesses in the park, these measures are hereby formulated in light of the realities of the district.
Article 2 Nansha enterprises mentioned in the measures refer to enterprises registered and established within the jurisdiction of the Nansha district and with the status of an independent legal person and general taxpayer. Companies with a major capital contribution from the Nansha district and operating in the park shall also be treated as Nansha enterprises. Nansha enterprises investing in the park refers to Nansha enterprises registering and establishing subsidiaries that conduct industrial production and operation activities in the park as independent legal persons (hereinafter referred to as the "park-based enterprises") and constructing investment projects on industrial fixed assets (including technology transformation projects of the park-based enterprises), or enterprises that operate in the park investing in and constructing projects on industrial fixed assets in the Park with their own funds, loans, and capital raised by other means.
Article 3 The assistance funds from the Guangzhou (Nansha) Sub-Council of China Council for the Promotion of International Trade (CCPIT), allocated by the finance of Nansha district to encourage Nansha enterprises to invest in the park, shall be arranged by the paired-up assistance team of Nansha district to Pingyuan and Jiaoling in accordance with provisions and procedures. These funds shall serve to help Nansha enterprises construct their investment projects in the Park, assist businesses in starting operations and facilitate the industrial investment, logistics, and R&D of project undertakers and enterprises. The specifics are as follows.
(1) The park-based industrial projects funded by Nansha enterprises (including the park-based technology transformation projects undertaken by the subsidiaries of these enterprises) and with a fixed-asset investment amount of over 20 million yuan ($3 million) shall be subsidized between 2021 and 2025. The subsidy shall not exceed 3 percent of the actual fixed-asset investment or 1.5 million yuan for each enterprise. Such funds shall be applied upon the completion of projects and when the measures remain in force.
(2) For the park-based enterprises with primary business revenue exceeding 20 million yuan, a subsidy shall be granted to cover up to 5 percent of their actual logistics or R&D expenditures in the current year between 2021 and 2025. Such subsidy shall not exceed 500,000 yuan per enterprise per year.
Article 4 Enterprises that meet the conditions specified in Article 3 of the measures shall submit a written application and relevant certification materials to the paired-up assistance team of Nansha district to Pingyuan and Jiaoling. Following the review by the team and the subsequent approval of the office of the paired-up assistance leading group of the Nansha district, the subsidy shall be appropriated.
Article 5 For State-owned enterprises under the Nansha district that make an investment in the park, the operating loss arising from their park-based investment projects shall not be factored into an evaluation of company performance upon the approval of the district's state-owned assets authorities.
Article 6 For Nansha enterprises that move their production bases from the district to the park, their former plants in Nansha shall have priority in transformation in accordance with the district's urban renewal policies and be entitled to benefits therefrom.
Article 7 Relevant authorities responsible for supervising and inspecting the application for and management of rewards and/or subsidies shall deal with violations in accordance with laws.
Article 8 If enterprises are found to engage in fraudulent practices during the application for and utilization of rewards and/or subsidies, their eligibility for these funds shall be canceled. Funds disbursed shall be recovered by relevant competent authorities, and any cases involving crimes shall be transferred to judicial authorities in accordance with laws.
Article 9 These measures shall come into force from the date of promulgation and shall remain in force until Dec 31, 2025. For the confirmed support projects whose rewards remain unfulfilled in accordance with the Notice on Issuing the Implementation Measures of Nansha District for Encouraging Enterprises to Invest in the Guangzhou Nansha (Pingyuan and Jiaoling) Industrial Transfer Park (Normative Document No 77  of the Nansha District Bureau of Development and Reform of Guangzhou Municipality), the original measures shall prevail.
Form of Disclosure: Active Disclosure