PR91596

BEIJING, Sept. 10, 2021 /PRNewswire=KYODO JBN/ --

Daxing District in southern Beijing has announced a pack of business-friendly

policies to bolster the "two-zone" construction of the capital city towards

high-quality development.

Daxing will provide companies with various support in such areas as industry

cultivation, credit and capital access, talent service system, while build

itself more internationally through incentives over foreign business and

foreign capital utilization, announced Gao Niandong, executive deputy chief of

Daxing District at Daxing Comprehensive Industry Global Conference held during

the six-day 2021 China International Fair for Trade

(https://en.imsilkroad.com/trade/index.html) in Services (CIFTIS) closed

Tuesday.

For industry cultivation, the district supports biopharmaceutical companies

with a maximum of 5 million yuan to obtain professional qualification

certifications such as GLP, GCP, CNAS, CMA, grants companies each a maximum of

3 million yuan annually for developing professional service platforms such as

CRO, CDMO, CMO, and CSO, and encourages the development of the first store of

commercial brands with a maximum subsidy of 5 million yuan for a single store.

In terms of financial support, the district will provide credit support for key

industries to ease their burden while help companies get access to various

capital market.

For foreign investment (https://en.imsilkroad.com/investment/index.html), the

district will grant up to 20 million yuan to key foreign invested projects and

provide multinational companies and Fortune 500 companies that establish

regional headquarters and foreign R&D headquarters in the district with a

maximum of 10 million yuan in support.

The policy (https://en.imsilkroad.com/policy/index.html) pact serves Daxing for

further utilizing its location and resource advantages which would be

transformed into industrial and economic advantages along its efforts on

supporting capital Beijing's "two-zone" development, Gao said.

It is noted that the "two zones" refer to the pilot free trade zone and the

national comprehensive demonstration zone for expanding opening-up in the

service sector.

In 2015, Beijing became the only pilot city in the country to open the service

industry wider, and in 2020, the central government offered support for Beijing

to become a national comprehensive demonstration zone of service industry

opening-up. The China (Beijing) Pilot Free Trade Zone was officially unveiled

in September 2020.

See the original link: https://en.imsilkroad.com/p/323719.html

Source: Xinhua Silk Road

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=400353

   Caption: The Daxing Comprehensive Industry Global Conference held during 2021 China

International Fair for Trade in Services (CIFTIS) that closed on September 7,

2021.