I. Summary of Industrial Supporting Policies in Hechi City
(I) Notice of Hechi Municipal People's Government Office on Printing and Distributing Supporting Policies of Hechi City to Attract Investment of Key Industries (HZBF [2019] No. 8)
1. One-time financial support shall be given to enterprises that make fixed investments, such as building new factories and purchasing new equipment. Within the construction period stipulated in the investment agreement signed with the government or industrial parks, given that the fixed investments (excluding funds of the land for the project) reach 100-500 million yuan (including 100 million yuan), 500 million to 1 billion yuan (including 500 million yuan), and exceed 1 billion yuan (including 1 billion yuan), the one-time subsidy shall be given at 0.5 percent, 0.75 percent and 1.0 percent of the total investment, respectively. The accumulative supporting funds for each project shall not exceed 12 million yuan, which shall be paid in full in the year after the project is completed and put into operation.
Financial support shall be given to management subjects that operate deep processing, warehouse and logistics and wholesale markets of agricultural products. Where the fixed investments (excluding funds of the land for the project) reach 50-200 million yuan (including 200 million yuan), 200-500 million yuan (including 500 million yuan), and exceed 500 million yuan, the one-time subsidy shall be given at 0.5 percent, 0.75 percent and 1.0 percent of the total investment, respectively. The accumulative supporting funds for each management subject shall not exceed 7.5 million yuan, which shall be paid in full in the year after the project is completed and put into operation.
For healthcare tourism projects whose registered capital in Hechi is 20 million yuan or more and fixed investments are 200 million yuan or more, given that the fixed investments (excluding funds of tourism real estate projects and funds of the land for the project) reach 200-500 million yuan (including 500 million yuan), 500 million to 1 billion yuan (including 1 billion yuan), and exceed 1 billion yuan (including 1 billion yuan), the one-time subsidy shall be given at 0.25 percent, 0.5 percent, and 0.75 percent of the total investment, respectively. The accumulative supporting funds for each project shall not exceed 10 million yuan, and the supporting funds shall be paid in full in the year after the project is completed and put into operation.
2. For companies that build five-star business/resort hotels in Hechi, after the project is completed and put into operation, the financial subsidy of 5 percent of the fixed investments will be given to support the infrastructure construction of the project. In principle, the subsidy shall not exceed 10 million yuan and shall be paid in full in the year when the project is completed and put into operation.
3. For the processing trade industries and electronic scientific and technological industries that rent standard plants as production workshops, the annual financial subsidy of 30 percent of the plant rent shall be given, but the monthly subsidy shall not exceed 5 yuan per square meter, and the subsidy period shall not exceed two years.
4. One million yuan and 500,000 yuan will be given to traditional Chinese medicine parks that successfully establish five-star and four-star rural tourism areas as incentive rewards.
5. For organizations or individuals that directly introduce projects with a total investment of more than 100 million yuan (excluding administrative institutions or permanent employees of administrative institutions), a one-time reward of 10,000 yuan per 50 million yuan of investment funds shall be given after the completion of the project according to the verified investment funds, but the maximum reward for a single project shall not exceed 500,000 yuan.
6. For major projects with large investment, strong driving force, high science and technology content and great tax contribution, especially high-quality manufacturing, R&D or regional headquarters projects invested by enterprises among the Fortune Global 500, China's top 500 enterprises, China's top 500 private enterprises and China's top 20 enterprises within the industry, specified supporting policies shall be made through negotiations with enterprises according to "one policy for one enterprise" and shall not be subject to the preferential policies above.
II. Summary of Land Preferential Policies in Hechi City
(I) Notice of Hechi Municipal People's Government Office on Printing and Distributing Supporting Policies of Hechi City to Attract Investment of Key Industries (HZBF [2019] No. 8)
1. For projects that are located in the Daren Industrial Park of Hechi, given that the investment is 1.5 million yuan per mu or more and the tax payment is no less than 100,000 yuan per mu after the project is put into operation, in principle, the industrial land shall be supplied at 80,000 yuan per mu (excluding land leveling fee); given that the investment is less than 1.5 million yuan per mu and the tax payment is no less than 80,000 yuan per mu after the project is put into operation, in principle, the industrial land shall be supplied at 100,000 yuan per mu (excluding land leveling fee). When a plot of land is transferred, if the transaction price exceeds the above-mentioned price, the enterprise shall first pay the transaction price in full, and the excess amount shall be compensated in the form of supporting subsidies.
For projects that are located in the Daren Industrial Park of Hechi, given that the investment is 2.2 million yuan per mu or more and the tax payment is no less than 150,000 yuan per mu after the project is put into operation, the subsidy shall reach 5,000 per mu according to the actual area of the project land, and the maximum subsidy for each project is no more than 500,000 yuan.
2. Priority shall be given to the land quota for management subjects who operate deep processing, warehouse and logistics, wholesale markets of agricultural products, that is, the municipal-level government shall first allocate a particular land quota specified by the autonomous region to these subjects. The land used by agricultural products processing enterprises shall be priced at 70 percent of the minimum price of local industrial land. For land use of projects concerning warehouse and logistics and wholesale markets of agricultural products, the evaluation result shall be determined after it is revised according to 70 percent of the land price evaluated under marketing condition. The final result shall not be lower than the national minimum price standard for the same local land transfer.
III. Summary of Tax Supporting Policies in Hechi City
(I) Notice of Hechi Municipal People's Government Office on Printing and Distributing Supporting Policies of Hechi City to Attract Investment of Key Industries (HZBF [2019] No. 8)
For enterprises whose annual tax payment exceeds 10 million yuan in Hechi city, 30 percent of the direct contribution to the local fiscal system shall be given annually as incentive awards, and the reward period shall not exceed two years (including the year when the enterprise just meets the standard).
IV. Summary of Financial Supporting Policies in Hechi City
(I) Notice of Hechi Municipal People's Government Office on Printing and Distributing Supporting Policies of Hechi City to Attract Investment of Key Industries (HZBF [2019] No. 8)
1. For newly-introduced key projects, efforts shall be made to coordinate the banking financial institutions in Hechi to provide the first loans (less than 30 million yuan) with the benchmark interest rate upward floating within the range of 15 percent.
2. Support shall be given to newly-introduced key enterprises to cooperate with government financing guarantee institutions, such as small and micro financing guarantee companies in Hechi, to operate financing guarantee loan business.
A single purchase
