Guangzhou's Nansha district released the revised version of the detailed rules for the implementation of local measures to cluster talents and achieve innovative development on May 14 and the document will be put into operation from its release date.
The document has focused on major industries in Nansha and has offered more support for leading industries, such as technology innovation, high-end manufacturing, shipping logistics, and financial service, as well as for emerging industries including the new generation of information technology, artificial intelligence, and biomedicine.
The original version of the talent policy was put into operation in 2018 and has delivered an overall reward of 357 million yuan ($50.22 million) for 7,256 applicants in 2019.
Doctoral students that have graduated from overseas universities among the top 150 global ranking and doctoral students that have graduated from domestic universities with more than two years' working experience can apply for a relocation allowance of 2 million yuan. Others eligible for the relocation allowance include those that have been recognized as young reserve talents, those who are finishing postdoctoral research that have won a subsidy from the China Postdoctoral Science Foundation, and those in the overseas talent introduction project for postdoctoral researchers.
The time period limit for paying social security insurance or individual income tax has been shortened from 12 consecutive months to three months, benefiting the talents newly introduced to Nansha district when applying for housing allowance.
Those enjoying preferential policies in their individual income tax released by the Guangdong-Hong Kong-Macao Greater Bay Area have been allowed to apply for an additional subsidy in Nansha for being backbones in key developed areas.
This English version is only for reference. To learn more, please refer to the authoritative Chinese version at gzns.gov.cn.