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Notice from the Shenzhen Qianhai Authority on Interim Measures for Investment Promotion and Reward in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone

The Shenzhen Qianhai Authority has issued a notice on interim measures for investment promotion and reward in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone on 28 August 2020. The measures specify the application conditions, support targets, scope of rewards and standards for the two major types, namely the industry cultivation support and industry introduction incentives, and clarify the application and review process and the handling of supervision and management. The reward targets of the measures are divided into two categories: enterprises and investment promotion institutions. The support for enterprises is industry cultivation support including operational support and foreign investment incentives and the support for investment promotion institutions is incentives for industry introduction. Among them, in order to support the development of Hong Kong enterprises, operational support provides subsidies to Hong Kong enterprises at 1.1 times the relevant accounting amount. The measures came into force on 15 September 2020 and would be valid until 14 September 2023.

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Notice from the Shenzhen Qianhai Authority on Interim Measures for Investment Promotion and Reward in Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone (Chinese version only)

28.08.2020
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