On March 28, at the World Leading Incubator Forum, a parallel session of the ZGC Forum, the Exit-Entry Administration Department of the Beijing Municipal Public Security Bureau introduced six new policies specifically designed for leading incubators in Beijing. These measures aim to further enhance policy benefits to fuel corporate growth.

Innovative exit-entry policies released

[Photo via the hosting parties]

The newly announced policy package includes six key provisions:

Expedited processing of port visa applications for urgent entry of foreign nationals invited by leading incubators to Beijing for issues related to business, visits, or working;

Expedited processing of visa applications for foreign students invited to participate in internship programs at these incubators;

Replacements with multiple-entry visas for foreign professionals invited by such incubators to engage in business negotiations, research collaborations, or project partnerships;

Streamlined processing of permanent residency applications for eligible foreign talented individuals employed by leading incubators;

Flexible registrations for individuals who need to enter Hong Kong or Macao SAR for business purposes, including waived quotas on registrants and exemption from tax documentation, along with one-year multiple-entry business endorsements for staff traveling to these regions;

And priority services at Beijing's "Yangfan" (扬帆) entry-exit service windows for incubators' employees, both Chinese and foreign, which offer appointment-free and queue-free options as well as expedited processing services, and allow applicants to submit applications without providing all the required documents at once.

The China-Africa Industrial Incubation Alliance founded

[Photo via the hosting parties]

During the forum, a signing session was also held to kickstart innovative incubation platforms and an innovative incubation alliance. Among these projects, the establishment of the China-Africa Industrial Incubation Alliance will integrate industrial resources and promote two-way incubation. This initiative is set to help Chinese enterprises expand technology application scenarios and tap into new markets.

(Source: Beijing Daily)