High-end technological industries in Daxing

Daxing district released a "1+N" industrial policy in order to attract high-quality enterprises, encourage key enterprises in the region to improve quality and efficiency, and build a "high-precision" industrial structure. Outstanding enterprises will receive rewards of up to 20 million yuan ($2.92 million). Daxing district's "high-precision" enterprise index standards were also announced at the same time to guide investment attraction.

In the "1+N" industrial policy system, "1" refers to the "Guiding Opinions for Promoting Industrial Development in Daxing district", and "N" refers to the relevant special supporting policies for various industries. At present, nine industrial special policies have been completed, respectively formulated by the Daxing district Science and Technology Commission and the Daxing district Commercial Commission.The "1+N" industrial policy system of Daxing district focuses on foreign trade enterprises, high-end technological enterprises, modern financial services, listed companies, the Internet industry, cultural and creative industries, and medical and health industries.

Daxing district issued the Interim Measures for Promoting the Development of High-end technological Enterprises in Daxing district. This measure encourages quality enterprises to settle in Daxing. Qualified enterprises will receive an "Excellent Contribution Award" and a one-time bonus of 20 million yuan.

Daxing district also issued the "Interim Measures for Promoting the Development of Financial Industry in Daxing district". According to the measures, enterprises whose paid-up capital is more than three billion yuan (inclusive) will be granted a subsidy of 50 million yuan. Financial institutions have subsidies for capital increase, renting, and buying houses. If the financial institution increases its capital and the paid-in capital is increased by more than one billion yuan (inclusive), a one-time special fund of 10 million yuan will be granted according to its comprehensive contribution.

Daxing district also established an industrial index system focusing on indicators such as average output, per capita tax, R&D investment, and resource constraints. Enterprises that achieve high-tech standards will receive support in the same way. The policy measures in Daxing also clearly guide and encourage technological innovation, the construction of industrial functional platforms, and development in multi-level capital markets.

The high-end technological enterprises in Daxing district should have three characteristics: good development quality, strong innovation capability and high growth, and certain resource consumption constraints. Seven indicators including per capita tax, average output (manufacturing), average tax (manufacturing), per capita output (services), income profit rate, R&D expenditure intensity, and per capita output growth rate serve as the control indicators of the high-end technological enterprises. Unit output energy consumption, water consumption and power consumption are the resource constraint indicators.

Daxing district's high-end technological enterprises index standard will be used as a reference for future investment promotion, project access standards and land life cycle management. The index will serve as a reference for industrial policy formulation and implementation to bring about dynamic supervision and regular evaluation. The index will gradually help improve land use efficiency, the investment promotion system and working mechanisms of Daxing district.

As of now, there are more than 200 reserve projects in Daxing district, and more than 100 key follow-up projects in areas including the biomedical industry, new media industry, the airport industry, emerging industries, and collective land management.