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1. Preferential policy on the charging of land use for the newly established industrial projects within any of the industrial zones approved by the city government:
(1) Land usage charge shall be decreased by RMB 2,000 per mu; (2) Land usage charge shall enjoy a further deduction of RMB 3,000 per mu for an industrial project recognized as the priority project by the Bureau of Development Planning of Zhongshan City; (3) The proceeding charge shall enjoy a 20% reduction on the basic land price of the township level.
Acknowledgement of the industrial development projects of top priority is based on:
(1) in regard to the domestically-invested industrial projects, industrial projects, products and technology lists of top priority set out in the relevant development policies by the state and the province;
(2) in regard to the foreign-invested industrial projects, the encouraged foreign investment projects listed in the Guidance Catalogue of Foreign-invested Industries (issued and implemented by State Development Planning Commission, State Economic and Trade Commission, and Ministry of Foreign Trade and Economic Cooperation on 1st April, 2002);
(3) the industrial projects invested in the industrial towns specialized in lighting, hardware, electrical home appliances, air conditioners, garment, furniture and food, and in compliance with the relevant industrial policies.
The foresaid preferential policies for the foreign-invested industrial projects may be applicable, as reference, to the enterprises that engage in processing and assembling with imported materials, assembling supplied components, manufacturing according to supplied samples or designs and compensation trade.
2. Preferential policies on the charges on land use for development projects of modern logistics and tourism:
The encouraged development projects of modern logistics and tourism, which are established through the procedures of construction and acknowledged by the Tertiary Industry Office as meeting any of the following conditions, may enjoy preferential policies on land use application fees:
(1) Projects of tourist spots and hotels with investment over RMB 100 million;
(2) Other logistics and tourist projects which meet the requirements in the Opinions on Accelerating Development of Modern Logistics Industry (Ref: Zhong Fu [2003] No. 20 Decree) and the Circular on Provisional Measures to Further Encourage the Development of Tourist Industry (Ref: Zhong Fu [2003] No. 21 Decree).
Preferential policies are as follows:
(1) Land usage charge shall enjoy a deduction of RMB 5,000 per mu for a logistics or tourism project recognized as the encouraged project by the Office of Tertiary Industries of Zhongshan City;
(2) 50% of the proceeds of transferring the use right of land turned in to the city revenue shall be used as subsidy to the logistics or tourism projects which utilize the rural collective land for the use of industrial purpose; the maximum subsidy limit is 5,000 yuan per mu.
3. In order to reduce burdens on enterprises and encourage the establishment of industrial enterprises in the industrial zones, the setting up fees, planning and management of 10 kilovolt transformer stations and wiring projects approved by local government to be established in the industrial zones are to be borne by Office of Electric Power in the city valid from 1st May, 2001.
4. According to the regulations of Provincial Government, investors whose actual investment has reached the following terms can apply for a car plate, making the car enter Hong Kong SAR & Macao SAR freely.
Mega investors may enjoy more trans-Hong Kong-Macao cars plates should they satisfy the following conditions:
5. Overseas-invested enterprises belonging to the national encouraged category may decide on their own their domestic and overseas sales ratio according to the actual market demands.
6. One of the investor's relatives, managers or key technicians may become a permanent Zhongshan citizen if the actual utilization of investment is over USD 500 thousand or RMB 4 million. When the amount exceeds USD 1 .5 million or RMB 12 million, the number of citizenship can be 2-3 without charging city capacity increment fees.7. As for those who return from overseas with master or doctorate degrees found or work with hi-tech enterprises or projects in the city, they are entitled to enter and leave China as they like, and duty-free treatment on personal items brought in. Their legal earnings after income tax may be remitted abroad. The local security, customs, foreign affairs and foreign exchange authorities shall all assist with this process.
8. Foreign people with investment in Zhongshan enjoy the national treatment. Foreign invested enterprises are treated as the same as the domestic enterprises in purchasing equipment, raw materials, and accessory goods.
9. Usually an enterprise engaged in processing and compensation trades shall export fully its finished products made from/of tax-free imported materials. But domestic sales of the said products may be permitted should a permission be obtained from the provincial foreign economic and trade authority and go through relevant import and tax procedures according to the law.
10. Examination and approval procedures are simplified, and efficiency improved. For an investment project under the jurisdictional authority of the city, a reply shall be made to its proposal, feasibility report and infrastructure construction project within five workdays, and to its contract and corporate chapter, within seven workdays. For an application for the establishment of an enterprise engaged in processing and compensation trades under the jurisdictional authority of the city, a reply shall be made within three workdays. Reasons shall be given to all failed applications.
11. Administrative and business service charges on all items in regard to foreign-invested enterprises must be ratified by the Municipal Bureau of Pricing. And for those items with a charge scale, the minimum charge level shall be applied. Any investor has the right to refuse random levies that are against relevant regulations, and to report the case to the municipal price regulatory department. |