Preferential policies for settling in Fengxian District

Fengxian District strongly supports key industries such as smart EV, new energy, new materials, and AI, the Government supports the development of R&D, design, technology transfer, entrepreneurship incubation, sci-tech consulting and other services.

Settled enterprises can enjoy various incentive subsidies.

  • Application criteria:

    1. Registered and tax-paying entity-type enterprises with legal person status in Fengxian District, with sound operations and outstanding economic benefits.

    2. Align with national, Shanghai municipal and Fengxian district industrial development guidelines.

    3. Obvious "four new" characteristics, clear development direction, and strategic plans and implementation plans for developing "four new" economic subsectors. Support includes integration of manufacturing and services, leading manufacturing development trends, emerging new service models from cross-boundary integration, etc.

    4. Sound enterprise innovation and entrepreneurship service system, with good technical conditions and service environment for R&D, piloting, and industrialization.

    5. Significant demonstration effect, with demonstrative application of "four new" economic innovation achievements, playing an exemplary and leading role in Fengxian district's "four new" economy.

    6. Priority support for promotion and application of new business models and modes; encouragement of new technologies and products with major push and breakthrough effects in their industries/domains; support for leading enterprises in relevant subsectors domeshttps://www.sh-hitech.com/kjcx/7223.htmltically or at international advanced level, and innovative SMEs with vitality.

    **One-time reward of 200,000 RMB will be granted to certified projects.**

    https://www.sh-hitech.com/kjcx/7223.html

  • Qualified high-tech enterprises certified can apply for preferential corporate income tax starting from the valid year of certification approval. After obtaining the High-tech Enterprise Certificate issued by the provincial/autonomous region/direct-municipality/separate-listed municipality High-tech Enterprise Certification Administration, enterprises can submit the "High-tech Enterprise Certificate", its copy and relevant documents to the competent tax authority to apply for tax reduction/exemption procedures.

    After completion of procedures, the high-tech enterprise can pre-declare corporate income tax at a rate of 15% or enjoy transitional tax incentives.

    http://www.chinatax.gov.cn/chinatax/n810341/n810765/n812166/200904/c1189044/content.html

  • Support Objective 1: To strengthen basic research and applied basic research in Shanghai, encourage free exploration, enhance innovation origination capabilities, and further consolidate the sci-tech development foundation of the city.

    Support Objective 2: To further guide and motivate outstanding young scientists to propose new academic ideas, carry out high-risk and highly original basic research, and drive breakthroughs in pioneering and original achievements.

    https://www.shanghai.gov.cn/gwk/search/content/f0c7d31a72f24de6aafd248bbb349aac

  • The implementation objects of the Science and Technology Small Giant Project are sci-tech enterprises engaged in product development, production, business operation and technology (engineering) services in high-tech fields aligned with national and municipal industrial development directions, with strong sci-tech innovation capabilities, outstanding market competitive advantages, and great development potential. They should have: relatively sound enterprise innovation systems, innovation mechanisms and corresponding R&D investments; branded products with independent intellectual property rights, and relatively high market share in relevant sub-sectors; certain economic scale and good growth; good credit records and relatively strong financing capacity. Their characteristics are innovative, standardized and exemplary.

    https://www.shqp.gov.cn/shqp/qyyhzc/kjfz/20220528/921123.html

  • 1. Sci-tech services. Focus on key industries such as beauty and health, smart connected vehicles, new energy, new materials, and artificial intelligence, and vigorously develop R&D, design, technology transfer, entrepreneurship incubation, sci-tech consulting and other services. Encourage the development of entrepreneurial and innovation support and service platforms in various forms, expand the service chain around the innovation chain, and promote the professional and integrated development of sci-tech services.

    2. Information services. Accelerate the cultivation of information services based on **mobile internet, big data, cloud computing, internet of things and other new technologies**, promote in-depth integration of new technologies such as internet, big data, and artificial intelligence with the technology transfer industry. Vigorously develop comprehensive cloud computing services, improve big data resource allocation and industrial chains, and support capable enterprises in building cross-industry IoT operation and support platforms. Actively develop IT consulting, design and maintenance services, and encourage the development of high-end software and information security industries.

    3. Other professional services. Vigorously develop professional services such as finance and insurance, financial leasing, legal consulting, accounting, human resources, energy conservation and environmental protection, advertising design, testing and certification, general contracting, smart logistics, and express delivery, and continuously improve the quality and capacity of professional services.

    4. Featured business. Continuously prosper the night economy, first store economy, featured business (blocks, business circles) and other new consumption areas, introduce leading domestic and foreign new business models, cultivate landmark new consumption projects, and build new living clusters with characteristics, brands and order. Accelerate the development of online economy, strongly support featured e-commerce platforms and e-commerce clusters, and actively cultivate leading live streaming platforms and streaming bases. Take "Internet +" transformation and upgrading as the focus, and accelerate the transformation of traditional wholesale and retail industries into new digital life consumption models deeply integrated with "online + offline + supply chain".

    5. Health services. Encourage the development of third-party medical services such as medical testing, and promote mutual recognition of test results. Promote the development of emerging services such as precision medicine. Encourage innovative new drug R&D. Actively develop smart healthcare, encourage medical institutions to improve informatization, and support the development and application of health and medical big data resources. Encourage the development of third-party medical service evaluation.

    https://www.sh-hitech.com/kjcx/5423.html