Supporting the Development of High-end Manufacturing Industries
Article 1 To Establish a Special Industrial Development Fund Pool that Collects RMB 1 billion Each Year With Lingang Administration and Shanghai municipal government each contributing RMB 500 million, the Special Industrial Development Fund mainly supports those municipal-level projects recognised as strategic emerging industry projects, key technological transformation projects, energy-saving and emission-cutting projects, corporate independent innovation projects, service sector development projects, the SME Technological Giant program and technological innovation incubator projects in Lingang.
Article 2 To Establish Lingang Seed Fund and Lingang Industrial Fund Lingang Administration will direct funds, mainly state-owned capital, into a RMB 1 billion seed fund. The Lingang Administration and developers in Lingang will jointly initiate a RMB 10 billion Lingang Industrial Fund, with participation from various sources of private capital, to promote the industrial development in Lingang.
Article 3 To Strengthen the Financial Support from the Local Government to the Development of Key Industries Key industries in Lingang include equipment manufacturing industries such as new energy equipment manufacturing, automobile and parts manufacturing, key vessel parts manufacturing, maritime engineering, mechanical engineering, and so on. Emerging industries are also included, such as civil aviation, photoelectron and the next-generation information technology, energy efficiency and environmental protection, maritime industries and so on. Lingang Administration will return maximum 60% the fiscal contribution by the aforementioned industries to Pudong back to them to facilitate their development.
Article 4 To Strengthen Support for Strategic Emerging Industries Apart from the benefit given by Lingang Administration specified in Article 1, projects that are recognised as national-level or municipal-level strategic emerging industry projects can enjoy an extra bonus of maximum 10% of the project’s equipment investment.
Article 5 To Strengthen Support for Key Technological Transformation, Energy Saving and Emission Cutting Projects Apart from the benefit given by Lingang Administration specified in Article 1, projects that are recognised as national-level or municipal-level key technological transformation projects can enjoy an extra bonus of maximum 10% of the awarded benefit from the Special Industrial Development Fund, up to RMB 1 million. Apart from the benefit given by Lingang Administration specified in Article 1, projects that are recognised as municipal-level energy-saving and emission-cutting projects can enjoy an extra bonus of maximum 10% of the awarded benefit from the Special Industrial Development Fund, up to RMB 500,000.
Article 6 To Strengthen Support for Corporate Innovation, SME Technological Giants and Incubators Pioneer parks for returnees and university graduates will be planned and built. Apart from the benefit given by Lingang Administration specified in Article 1, an extra bonus of maximum 10% of the awarded benefit from the Special Industrial Development Fund, up to RMB 500,000, can be granted to municipal-level SME Technological Giants that have proprietary intellectual property rights and fit the industrial strategy of Lingang, municipally recognised corporate independent innovation projects and national-level and municipal-level technological innovation incubators.
Article 7 To Support the Development of High-tech Companies and Projects For companies registered in Zhangjiang Hi-tech Park Lingang Branch and the pilot part of Lingang Comprehensive Zone, the favourable policies adopted by the city’s Programme of Developing Hi-tech Industries branded as Greater Zhangjiang also apply. Lingang Administration grants a lump-sum bonus of up to RMB 500,000 for companies, products or projects recognised as a Shanghai municipal-level high-tech or new-tech company, a national-level or municipal-level technological development institution, a national-level or municipal-level R&D center with independent accounting, a national-level or municipal-level indigenous innovation or key product, or a project honoured as a Successful Industrialized Technological Innovation.
Article 8 To Encourage the Congregation of Innovation Participants Lingang Administration grants a lump-sum bonus of up to RMB 1 million for innovation participants recognised as at least a municipal-level public platform of services to R&D, a research institution, a strategic alliance for industrial and technological innovation, or a testing and certification organisation.
Supporting the Development of Modern Service Industries
Article 9 To Encourage the Growth of Modern Service Industries Apart from the benefit given by Lingang Administration specified in Article 1, Lingang Administration grants a lump-sum bonus of up to RMB 500,000 for a project recognized as a municipal-level key service sector project.
Article 10 To Plan and Build Central Business Districts In the Main Urban Area and the Comprehensive Zone, central business districts are to be planned and built to accommodate corporate headquarters, industrial associations and financial institutions. Companies and organizations are encouraged by Lingang Administration to either purchase or customize office buildings for setting up their headquarters. For a company or an organization as such, Lingang Administration offers a lump-sum bonus equal to an amount from 10‰ to 30‰ of the property investment by the organisation for its own use.
Article 11 Setting up Corporate Headquarters in Lingang Area Encouraged For a regional headquarters of a MNC, or a headquarters of a domestic conglomerate, or such a regional corporate headquarters as a R&D centre, an operation centre, a sales centre or a procurement centre, as long as the headquarters is registered and operated in Lingang Area, Lingang Administration offers a basket of subsidy including a maximum RMB 10 million for office rent subsidy and a maximum RMB 2 million for property management fee subsidy. Payment is due in three years.
Article 12 Industrial Associations and other Civil Organisations Both from Home and Abroad Encouraged to Allocate Their Business to Lingang Area For a municipal-level or above industrial association or a civil organization that is to rent offices in Lingang Area, Lingang Administration offers a basket of subsidy including a maximum RMB 1 million for subsidizing office rent and a maximum RMB 300,000 for subsidizing property management fee. Payment is due in three years.
Article 13 To Strengthen Support for “Three New” Companies (with a new business model, a new business pattern or a new technology) For a “Three New” company that is to rent offices, Lingang Administration offers 30% to 50% rent subsidy and 20% to 30% property management fee subsidy both according to approved price. For a software company or a cultural and creative industry company, the support will not be less strong than that for a “Three New” company.
Article 14 To Support Urban Services For a chain store that provide urban services such as conference and exhibition, commerce, catering, leisure and entertainment, as long as it is registered and operated in either the Main Urban Area or the Comprehensive Zone and the total investment reaches RMB 3 million or above, it is entitled to a subsidy support by Lingang Administration which includes a full reimbursement of rent and property management fee incurred in the first year and a 50% reimbursement for the second and the third years according to approved price. For those companies providing essential community commercial services registered and operated in either the Main Urban Area or the Comprehensive Zone, Lingang Administration grants a certain amount of subsidy for their rent and property management fee as well.
Enhancing the Congregation of Talents
Article 15 Absorbing High-end Talents For those important talents and influential professionals who have been selected into the national-level or the municipal-level “A Thousand Talent” Programme or Pudong’s “A Hundred Talent” Programme and work in Lingang Area, Lingang Administration offers the talents a bonus equal to the same amount of what Pudong New Area government offers to them.
Article 16 Household An expert urgently needed and employed by a key organization in Lingang Area can be entitled to a Shanghai household directly. A professional or a skilled worker urgently needed and employed by a company or an organization in Lingang Area can apply for a Residency Permit for Talents of Shanghai. A Shanghai Residency Permit attaches a scoring system for its holder. For professionals both working and living in Lingang Area, he or she enjoys extra scores.
Article 17 Special Allowance to Recognised Talents For those recognized senior professionals working in Lingang Area and recognized senior managers working in the corporate headquarters in Lingang, Lingang Administration returns their personal direct contribution to Pudong’s development as a bonus back to them. For those recognized special talents working in the basic education institutions and medical institutions in Lingang Area, Lingang Administration offers a special Lingang Allowance of RMB 600 to RMB 1,000 per month per person.
Article 18 Housing Apartments covering a total floor area reaching 1 million square meters for “specific groups of people with specific favourable prices”(hereinafter as “fixed-price apartment”) and public leasing apartments (ownership convertible) covering a total floor area of 2 million square meters have been planned and are being built in Lingang Area. All companies or organizations operating in Lingang can apply for purchasing aforementioned public leasing apartments, enjoying an average price in a three-year observation RMB 6,500 per square meter. Professionals meeting prerequisites can apply for purchasing a fixed-price apartment, the price is controlled within an average price of RMB7,500 per square meter in a three-year observation. Professionals working in Zhangjiang Hi-tech Park who meet eligibility may also apply for purchasing a fixed-price apartment within the same price range mentioned above.
Article 19 Elderly Care A multi-dimensional social security system which includes corporate pension programme and occupation pension programme are to be practiced as a trial in Lingang Area so as to improve the future pension pay for the professionals and talents.
Article 20 Relaxed Border Entry and Exit Management For professionals working in the public sector who need to go abroad due to work, they can be entitled to an exit approval that is valid for multi-times, or enjoy a permit of multi entries to and returns back from Hong Kong SAR or Macau SAR in a certain period. Corporate professionals are encouraged to apply for an APEC Business Travel Permit. For overseas talents who hold a Residency Permit for Talents can apply for their passports in Shanghai. For senior foreign managers, special talents, R&D staffs, and experts employed by key R&D organizations, high-tech companies or other companies whose registered investment hits USD 3 million or above, they may apply for a long-term residency permit valid for 3-5 years. If they need to travel away from China for multi times, they can apply for F-type visas which allow multi entries and are valid for 3-5 years.
Article 21 To Lower Land Acquisition Cost for Investors Through institutional reform and innovation and the optimization of relevant policies, the land cost of Lingang is to be lowered to ensure Lingang Area’s competency as an ideal cost-saving land for investment. For key industrial projects and functional urban projects that comply with the planning of Lingang’s development, Lingang Administration offers greater support.
Article 22 To Adopt a Flexible Use Right Assignment for Industrial-Use Land The use right assignment of industrial-use land in Lingang Area is practiced in a flexible manner, i.e., assignment period varies from 10 years, 20 years, 30 years, 40 years to 50 years. Price will be determined by evaluation according to specific assignment length.
Article 23 To Adopt Proposal-based Use Right Assignment for Specific-Purpose Land The use right assignment of industrial-use land in Lingang Area can be carried out in a proposal-based manner. For the land acquisition for key functional projects such as massive urban facilities, tourism and exhibition facilities, high-end elderly nurseries, cultural, sports and leisure facilities, and headquarters of companies and industrial associations, the use right can be assigned according to evaluation on the investor’s proposal as long as it meets with the specific function, master plan and has detailed content.
Article 24 To Balance the Land Supply with Greenery Existence Greenery optimization programmes will be implemented in Lingang Industrial Park so as to balance the ecology in the zone. The greenery coverage on industrial land will be upgraded and land use efficiency will also be improved.
Advancing Public Facilities and Services
Article 25 To Continue Easing the Traffic through the Development of Public Transport System Regarding the mass transit, Metro Line 16, in its service catering to the various needs from the public, adopts diversified timetables operated by both high-speed express trains and normal trains that stop at every station and fare charge is subject to government control. To ensure the convenience for commuters, bus lines connecting communities and metro stations and those reaching the corners of the whole Lingang area are to be opened. Stepping up researches on the planning of such rapid transit system as the tram network covering the area stands as another priority on the agenda.
Article 26 To Enhance the Emergence of International Communities To meet the residence demand from senior professionals, plans of developing international communities have already been underway in Lingang Area. For developers involved in such projects as large-size international neighbourhood development, the Administration offers a package of support on land supply, property construction and daily operation.
Article 27 To Ensure People’s Access to Public Services Including High-quality Education, Medical Care and other Essential Services To offer convenience for the schooling of those children whose parents are those medium and senior professionals working and living in Lingang Area and to provide those professionals themselves with easy access to medical care, the advantage of such excellent public resources as Shanghai High School (Shanghai East Branch), Lingang Experimental Foreign Language School, Shanghai No.6 People’s Hospital (Shanghai East Branch) is to be further magnified and extended to them. Researches on reimbursing the expenses of expatriates incurred from the medical service they received through the provision of commercial insurance are underway. Measures are to be taken in easing the establishment of domestic service business so as to make high-quality and economical domestic service available to those senior professionals living in Lingang Area.
Article 28 To Encourage Excellent Educational and Medical Resources to Play Their Roles in Lingang Area In the education sector, Lingang Area welcomes highly-reputed international schools and hospitals to deliver service to the public in Lingang and is open to the local model schools and kindergartens at both the municipal and district levels to establish branches. In addition, local universities are encouraged to set up their affiliated middle and elementary schools in Lingang Area. For all new projects involved in these fields, the Administration offers a package of support in terms of land supply, facility construction and daily operation.
Article 29 To Prosper the Local Culture and Social Interaction through Holding Large-scale Activities of All Kinds in Lingang Area Significant events such as cultural activities, sports event, and exhibitions at both national level and the municipal level are encouraged to take place in Lingang Area. In association with Shanghai’s new visa policy of entitling transit passengers to a short stay up to 72 hours without visa, holding international events that enable both the business interaction between the key industries within Lingang Area and the social interaction between local communities are to enjoy strong encouragement from the Administration through enjoying venue rent discount and bonus totaling up to RMB1,000,000.
Article 30 To Stay Committed to Offer Highly-efficient Government Services Fully authorised by both the municipal and the Pudong New Area governments, the Administration realises its promise of “concluding all services at one place” to the public through opening a service station integrating all government functions. Government examination and approval in Lingang Area will be an efficient one that takes the least time, consists of the least procedures and achieves the maximal satisfaction of the public. To start up an industrial project in Lingang Area, preliminary examinations and approvals finish within 150 working days upon the receipt of application, ensuring the launch of the project in a timely fashion.