Sub-district offices, township people’s governments, committees, offices and bureaus of the District Government, and institutions subordinate to the district.

The Measures of the Fengtai District for Optimizing the Business Environment, which has been adopted at the 48th executive meeting of the District Government, are hereby issued to you for implementation.

Fengtai District People’s Government of Beijing Municipality

November 19, 2018

(This document is publicly issued)

Measures of the Fengtai District for Optimizing the Business Environment

The Measures are hereby formulated in light of the actual situation of the Fengtai District to strictly observe the decisions and arrangements of the State and Beijing Municipality on reforming and optimizing the business environment.

I. Supporting the High-Grade, Precision and Advanced Industrial Development

(I) The development funds of the Fengtai District shall be coordinated to establish a development guidance fund for the high-grade, precision and advanced industrial development, the construction of key functional zones, the introduction of major projects and the commercialization of scientific and technological innovation and achievements.

(II) An introduced enterprise consistent with the capital's functional positioning and the industrial development direction of high-grade, precision and advanced shall be granted development support funds for three consecutive years. An enterprise with a regional comprehensive contribution of between RMB500,000 (inclusive) and RMB5 million in the current year shall be funded at 30% of the regional comprehensive contribution; an enterprise with a regional comprehensive contribution of between RMB5 million (inclusive) and RMB10 million in the current year, 40%; and an enterprise with a regional comprehensive contribution of over RMB10 million (inclusive) in the current year, 50%. The annual support fund received by a single enterprise shall not exceed RMB50 million. The current year or the next year the enterprise is introduced shall be regarded as the starting year for the reward and support in light of the actual situation of the enterprise.

(III) An introduced enterprise which is consistent with the capital's functional positioning and the industrial development direction of high-grade, precision and advanced and whose regional comprehensive contribution is more than RMB2 million in the current year or the next year will be funded annually in three installments at RMB1,500 per square meter (to the maximum extent of 2,000 square meters) for the purchase of office space in the district, or given annual rent subsidies (to the maximum extent of 2,000 square meters) for three consecutive years (30% of the rent in the first year, 20% in the second year, and 10% in the third year) for the rental of office space in the district.

(IV) A newly established financial institution or organization will be granted a subsidy of RMB 5 million if its paid-in capital is between RMB100 million (inclusive) and RMB500 million, RMB 10 million if between RMB500 million (inclusive) and RMB1 billion, RMB 20 million if between RMB1 billion (inclusive) and RMB3 billion, or RMB 50 million if over RMB3 billion (inclusive). A financial institution that increases its paid-in capital by more than RMB1 billion (inclusive) will be granted a one-off subsidy of RMB10 million based on its comprehensive contribution.

(V) An enterprise which is consistent with the capital's functional positioning and the industrial development direction of high-grade, precision and advanced and whose regional comprehensive contribution is more than RMB3 million (inclusive) in the current year and growth rate is higher than 20% (inclusive) will be supported with development funds at 20% of its regional comprehensive contribution in the current year, to the maximum extent of RMB10 million. Those included in the support scope of newly introduced enterprises will not enjoy such support.

(VI) More efforts will be made to provide cultivation services for enterprises to go public, which will be granted a subsidy of RMB1 million if completing the restructuring and submitting the application for tutorship record-keeping, RMB2 million if submitting the application for the initial offering and obtaining the acceptance letter from the CSRC, and RMB2 million if passing the review and approval by the Issuance Examination Commission. The enterprises listed on the NEEQ will be given a subsidy of RMB1 million.

II. Supporting Innovative Development

(VII) A national key laboratory or enterprise technology center recognized for the first time or introduced will be given one-off financial support of RMB1.5 million, and the municipal one RMB500,000.

(VIII) An enterprise that has won a state science and technology award will be given one-off financial support of RMB500,000, and one which has won a municipal science and technology award RMB200,000.

(IX) Enterprises are encouraged to formulate international standards, national standards, industry standards, and local standards. An enterprise which formulates any of the above standards, is registered in Fengtai District and is the drafter first in order among the top three ones will be given financial support of RMB500,000 for an international standard, RMB300,000 for a national standard, or RMB200,000 for an industry standard or a local standard.

(X) Enterprises are supported to commercialize and apply patents. A patent commercialization project with good benefits, or a patent service platform and patent industry alliance with good operating effects will be given financial support of up to RMB1 million. The intellectual property service environment shall be optimized.

(XI) More support will be given for innovation and entrepreneurship incubation to promote the development of maker space and technology business incubators, and a certain subsidy will be granted to a recognized maker space or technology business incubator from the capital pool of RMB30 million every year, to support them to improve their innovation and entrepreneurship services.

(XII) Support will be given for the school-enterprise cooperation and the military-civilian cooperation to establish a new type of collaborative innovation institution, which will be supported at 10% of its actual investment in the year when it is settled, to the maximum extent of RMB1 million. The gathering of domestic and foreign innovation elements shall be accelerated.

III. Promoting the Building Economy

(XIII) Building operators are supported to introduce well-known brand enterprises. Where an office building introduces a Fortune Global 500 enterprise (including headquarters, and independent legal person companies invested by it) or a China Top 500 enterprise (headquarters) to settle and operate for over one year, its operator will be given financial support of RMB1 million.

(XIV) Building operators are supported to develop high-grade, precision and advanced industries. For an office building (excluding buildings for private use or operation) with an annual regional comprehensive contribution of over RMB2 million per 10,000 square meters, its operator will be given financial support at no more than 5% of its regional comprehensive contribution, to the maximum extent of RMB10 million. For an office building (excluding buildings for private use or operation) with an annual comprehensive contribution increment of over RMB3 million, its operator will be given financial support at 15% of its contribution increment, to the maximum extent of RMB3 million.

(XV) Building operators are supported to improve service functions of buildings. For the renovation and upgrade of the public facilities of office buildings (mainly including intelligent and information-based renovation) with a regional comprehensive contribution of more than RMB5 million, the operator concerned will, after the prior filing-record, be given financial support at 10% of its annual actual investment amount, to the maximum extent of RMB1 million.

IV. Providing Better Services for Talents

(XVI) The talent development funds in the district shall be coordinated mainly for the introduction of leading talents (teams) in terms of innovation and entrepreneurship and the guarantee of their living. It will take three years to introduce 3-5 international leading talents (teams) and their major innovation and entrepreneurship projects.

(XVII) More efforts will be made to construct a platform for introducing high-level talents. One-off financial support of RMB500,000 will be given for the academician expert workstation approved for the first time and RMB300,000 for the post-doctoral research center approved for the first time.

(XVIII) Senior officers (chairman, vice chairman, general manager, deputy general manager, chief supervisor, chief accountant, chief economist, chief engineer and other staff) of an enterprise consistent with the capital’s functional positioning and the industrial development of high-grade, precision and advanced will be given individual income tax incentive support based on the enterprise's regional comprehensive contribution in the current year. For an enterprise with a regional comprehensive contribution of RMB20 million (inclusive) to RMB30 million in the current year, its senior officer will be given incentive support at 20% of the total individual income tax paid for its annual salary income (excluding equity income); for an enterprise with a regional comprehensive contribution of RMB30 million (inclusive) to RMB50 million in the current year, its senior officer will be given incentive support at 30% of the total individual income tax paid for its annual salary income (excluding equity income); and for an enterprise with a regional comprehensive contribution of over RMB50 million (inclusive) in the current year, its senior officer will be given incentive support at 50% of the total individual income tax paid for its annual salary income (excluding equity income). The award for each senior officer shall not exceed RMB1 million.

(XIX) More efforts shall be made to supply public-rental housing for talents and priority shall be given to Lize Financial Business District, Fengtai Science and Technology Park, financial executives, and excellent talents.

(XX) Active measures shall be taken to provide services such as household registration, residence permit and spouse employment for introduced talents.

V. Other Matters

(XXI) The Measures are interpreted by the Fengtai District Development and Reform Commission.

(XXII) If a new policy is promulgated by the State or Beijing Municipality during the implementation of the Measures, the new policy shall prevail; if the policy that has been promulgated by Fengtai District is inconsistent with the Measures, the higher standard shall prevail without repeated support.

(XXIII) The Measures shall come into force after 30 days as from the date of issue.