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Investment policy for Urumqi high-tech industrial developmental zone

( chinadaily.com.cn )

Updated: 2014-11-20

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The management committee of Urumqi high-tech industrial developmental zone will reward organizations and individuals making investments in the zone, according to the "Measures of Urumchi High-tech Industrial Developmental Zone on Investment".

(1) Award range:

① Organizations or individuals introducing world top 500 companies;

② Organizations or individuals introducing China top 200 companies;

③ Organizations or individuals introducing listed companies or holding enterprises;

④ Organizations or individuals introducing high-tech manufacturing enterprises

(2) Award criteria:

① The go-between who brings in world top 500 companies, which will develop high-tech enterprises, will be awarded. If those top 500 companies operate in the high-tech zone for over 10 years, the go-between will get a one-off 5% of the tangible assets actually invested in the developmental zone. ②The go-between who brings in China national top 500 companies, which will develop high-tech enterprises, will be awarded. If those top 500 companies operate in the high-tech zone over a 10 year term, the go-between will get one-off 4% of the tangible assets actually invested in the developmental zone.

③ The go-between recommending foreign merchants who develop high-tech productive enterprises, will be awarded. If the foreign merchants operate high-tech companies in the high-tech zone over 10 years, the go-between will get one-off 3% of the tangible assets actually invested in the developmental zone.

④The go-between recommending China national merchants, who develop high-tech enterprises, will be awarded. If the national merchants operate high-tech companies in the high-tech zone over 10 years, the go-between will get a one-off 2% of the tangible assets actually invested in the Urumqi high-tech industrial developmental zone.

⑤The go-between recommending China national merchants, who develop high-tech non-productive enterprises, will be awarded. The go-between will get a one-off 2% of the tangible assets according to the actual tax of the non-productive enterprises contributed to the developmental zone. Award the go-between with a one-off 10% of the tax actually paid in the high-tech developmental zone in the first year for non-manufacturing enterprises (with fixed assets investment) invested by domestic companies, with over 10 years terms of operation.