All township people’s governments, sub-district offices, departments of the district government and organs directly under Guangzhou municipality in Baiyun district:

The Measures of Baiyun District of Guangzhou Municipality for Promoting the Settlement of the Introduced Enterprises have been reviewed and adopted at the executive meeting of the district government and are hereby distributed to you for your conscientious implementation. Problems encountered in the implementation shall be directly reported to Baiyun District Bureau of Investment Promotion.

　　Office of Baiyun District People’s Government of Guangzhou Municipality

　　August 5, 2020

Measures of Baiyun District of Guangzhou Municipality for Promoting the Settlement of the Introduced Enterprises

Chapter I General Provisions

Article 1 For the purposes of implementing the “1358” development idea and the industrial development route of “strengthening the secondary and optimizing the tertiary industries” of Baiyun District, seizing hold of the new opportunities brought by the development of Guangdong-Hong Kong-Macao Greater Bay Area and the new impetuses brought by a new round of scientific and technological revolution and industrial changes, deepening the structural reform of the supply side, further attracting premium domestic and foreign enterprises and major projects to settle in the District, and strengthening the innovation and competitiveness of the economy for a high-quality development of the District, these Measures are formulated in accordance with the spirit of the Interim Measures of Guangzhou Municipality for Promoting the Development of the Headquarters Economy (Regulation No. 9 [2018] of the General Office of Guangzhou Municipal People’s Government) and the Measures of Guangzhou Municipality for Accelerating Enterprises Settlement (Regulation No. 16 [2018] of the General Office of Guangzhou Municipal People’s Government) and in the light of the investment attraction reality of Baiyun District.

Article 2 Baiyun District has set up the Special Funds for Investment Attraction (hereinafter referred to as Special Funds) to reward and subsidize the newly introduced key enterprises recognized herein.

Chapter II Objects of Support

Article 3 These Measures shall apply to the newly introduced key enterprises that conform to the industrial plan of the District (hereinafter referred to as “Newly Introduced Key Enterprises”). A Newly Introduced Key Enterprise shall meet the conditions in Paragraph (1) and any one of the requirements in Paragraphs (2), (3) and (4) of this Article:

(a) An enterprise shall have its place of industrial and commercial registration, place of taxation registration and place of main business within Baiyun District, shall be an independent legal person which conducts independent accounting, shall have already been conducting business and paying taxes in Baiyun District, and shall have never committed any violation of laws or regulations nor been involved in any serious accident concerning safety or environmental protection since the year prior to the Special Funds application.

(b) An enterprise shall meet the following requirements:

1. Industries:

(1) Strategic emerging industries such as new generation of information technology, artificial intelligence, biological medicine and health care, new materials and high-end equipment, new energy vehicles, new energy, energy conservation and environmental protection: An enterprise shall commit to reach an annual operating income of over 100 million yuan and a total annual tax payment of over 5 million yuan in five years;