Xinhua Silk Road: Beijing Daxing rolls out preferential policies to bolster "two-zone" development
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.
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