Policies

Investment Promotion

For an industrial project with an actual investment of more than 5 billion yuan ($753.75 million), the regional government and local industrial parks are responsible for the substitute construction of the workshop and supporting infrastructure, and an enterprise may use them free of charge within a certain period, purchasing their services at the evaluated price.

For a new advanced manufacturing enterprise directly invested in by a global top 500 enterprise or established by one of China's top 500 enterprises, a subsidy equal to 5 percent of the actual fixed assets, excluding a portion for substitute construction, will be provided.

For major projects with an investment of $500 million or more, municipal, district and county governments may add support via equity investment, fixed assets investment subsidy, etc.

For a strategic emerging industry project with an actual investment of more than 2 billion yuan and an investment in production equipment of 1.5 billion yuan, coordinative support of not more than 20 million yuan for the purchased equipment will be provided.

Innovation and Entrepreneurship

For the industrial park, technology enterprise incubators, maker spaces, small and micro enterprise venture bases and other entrepreneurial incubating carriers, funds of 200,000 to 1 million yuan will be provided to support project construction.

The maximum amount of the loan to the individual, partnership or small enterprise will be increased to 200,000, 500,000 and 3 million yuan respectively, and a two-year government-funded interest discount will be provided.

For an enterprise established by high-level talents or aiming for application of innovative achievements, an award of 500,000 to 3 million yuan will be provided according to the revenue scale and quality benefits.

Returnee Entrepreneur (Shenyang) Industrial Technology Research Institute and Shenyang Thousand Talents Program Innovation and Entrepreneurship Service Center will be established to promote the relationship between creators, startups and professional service organizations.

Science and Technology Support

The municipal government will allocate science and technology funds of not less than 100 million yuan each year to subsidize the construction of new R&D institutions. Tax and financial support policies will aid innovative enterprise development, major scientific research projects, application of scientific and technical achievements, etc.

For an introduced major scientific and technical achievement project, a financial support equal to 50 percent of the R&D investment but not exceeding 10 million yuan will be provided.

In support of R&D, popularization and application of the first major technological equipment innovation, a subsidy equal to 20 percent of the first selling price but not exceeding 10 million yuan will be provided.

For the exporter of a technological development and technology transfer contract developed and registered in Shenyang, a subsidy equal to 10 percent of the value of contract but not exceeding 300,000 yuan will be provided.

Human Resources Policy

For top talents, exceptional talents and leading entrepreneurial talents, a financial incentive of 10 million, 5 million and 1 million yuan and an additional housing subsidy will be provided.

For an enterprise established or led by an innovative entrepreneur, a subsidized loan not exceeding 20 million yuan will be provided for up to three years (according to the actual repayments and the benchmark interest rate for loan of the year). For the innovative entrepreneur listed in "Ten Thousand Talents Program", a financial incentive of 0.3 to 2.5 million yuan will be provided.

Support will also be provided to ensure recruitment of high-level talents, key talent breeding, entrepreneurship and innovation, and talent services. For an innovative and entrepreneurial team led by high-level talents, a project subsidy of 0.5 to 30 million yuan will be provided.

Support for Headquarters Economy

An enterprise incorporated in Shenyang, identified as a "headquarters enterprise", and with registered capital of more than 20 million yuan will receive a subsidy of 1 to 10 million yuan. (Financial headquarters excluded.)

A headquarters project resulting in an investment of more than 100 million yuan in Shenyang will receive a subsidy of 2 to 10 million yuan. The headquarters projects will receive a one-time subsidy of 1,000 yuan per square meter, (not exceeding 5 million yuan total) for its newly purchased or self-built offices.

An introduced financial institution headquarters or regional headquarters will receive a subsidy that is equal to 1 percent of the actual registered capital but not exceeding 10 million yuan.

This English version is only for reference. To learn more, please refer to the authoritative Chinese version.