BIZCHINA / Policies
Policies For Investment-inviting in Daqing City
(eng.daqing.gov.cn)
Updated: 2006-05-10 15:25
To invite external investment, a series of priorities are available for
those projects of massive fund, much high-tech, great potential and
overwhelming influence.
A The government, as one of the shareholders, first helps to carry out
the project by means of capital distribution and land appraising, and
then withdraws by transferring its shares to the investors with
preference.
B The newly built factory workshops and the idle assets can be first rent
to the investors for a certain period, afterwards, sold out by
installments according to the condition of the enterprises in charge.
C Funds of financial intermission and for industrial development are
supposed to lend to those big enterprises with great potential to
function well, but in financial difficulty for the time being. A bill of
debt is available if the fund is insufficient for factory workshops;
repay by installments after appearing on the market.
D For the investment projects in line with the national policies, all
formalities of examination and approval will be handled by the offices
appointed by the government. As for those within the Industrial Flat, the
administrative formalities will be simplified in highest measure, only
the necessary registry and records by the department of Industry and
Commerce is required.
E For the projects of high-tech, high quality, and of great industrial
importance, all local taxes free; For those within the Industrial Flat, a
possibly least financial restraint for the investors.
F Once the projects and the equipment ready, a prompt operation into
practice. All formalities issued collectively in the briefest form. If
only the projects available, also all procedures in advance. If
necessary, first operation then registry. For the manufacturing industry,
no need to build factory house of their own, the completed by the
government all at their choice.
G No rent or lowest price for the approved large projects of high tech to
rent the newly completed or idle factory house, equipment and land, so as
to make it come into operation as soon as possible at smallest cost.
To invite experts and professionals, a policy in terms of ��Five Grants��
will be issued, i.e a handsome salary, a comfortable apartment, a special
car, a considerable factory as well as a respectable position.
For the honorable academicians and the specialists showing favor towards
our cause, RMB 1000000 for scientific research and a yearly pay at RMB
500000 at hand, together an apartment of 300 SQM;
For those with a doctor's degree or, taking the lead in certain fields
within the nation, RMB 200000 to 500000 for research, RMB 3000 to 8000 as
a monthly financial aid, and an apartment of 150 SQM;
To make things more convenient for you, a service center for newly born
enterprises and an investors' center will come into use. For each
department, work guaranteed open to public, once duty unfulfilled, person
in charge be punished.
(For more biz stories, please visit Industry Updates)
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