Zhuhai Provisional Measures on Promoting Entrepreneurship among Highly Qualified Individuals and to Inject Expertise from Abroad
Chapter One General Principles
The present provisional measures are drafted and adopted following the resolutions given in the official document File Number 2011-11 of the CPC Zhuhai Municipal Committee and Municipal Government.
The purposes are:
nto bring in more highly qualified individuals to establish new businesses in Zhuhai;
nto upgrade Zhuhai’s development in human resources so that it may reach international standards;
nto facilitate employers in hiring high level experts; and
nto invigorate local and regional economic development.
Applicants must satisfy the following requirements:
1.A Zhuhai Highly Qualified Talent Certificate must be obtained from proper authorities during a designated period of service.
2.Possess specific patents or intellectual property rights which may be useful in assisting China’s economic and industrial development.
3.After initial research, the project must start new business consistently with Zhuhai’s economic vision; the applicant should own no less than 30% of issued stocks; and the investment amount must exceed RMB 1 million.
For the purpose of this document only these areas of expertise will be covered:
First, the areas in high-end manufacturing, high-end services, high-tech industry, or the areas that Zhuhai designates as being in the developmental stage or strategic emerging industries, important projects and the like; second, the domains of science, education, culture and health.
Chapter Two Financial Assistance
Entrepreneurs interested in establishing businesses in Zhuhai may apply for funding up to the amount RMB 2 million, provided at the ratio of 1:1 in equivalent asset contribution to the project subsidized in national or provincial level.
For special projects that have important strategic advantage in scientific knowhow or economic impact resulting in sizeable foreseeable profits the amount of financial assistance may go as high as RMB 20 million, provided at the ratio 1:0.5 in equivalent asset contribution to the entrepreneurial team titled of “Provincial innovative Scientific Research Team”.
Rental assistance for business– Rental aid will be provided at the rate of RMB 30 /sq. meter, with a limit of 500 sq. meters.For rentals below RMB 30 /sq. m. a fair rate will be determined.Rental aid period will be limited to three years.
Rental aid for residential premise –the founder of high and new tech enterprises can apply to live in Returned Scholars Apartments, rental free, within the three year period.
A new facility will be provided for scientific research and experimental purposes which will be open to all approved businesses and their qualified employees.
Applicants and their family members (spouse and children) may be given a 2-5 year permit of “Foreign Expert Certificate”.
In case there is repetition in benefits, those of a higher order will apply.
Applications will be processed in accordance with official document File Number 2008-98 (Zhuhai Personnel Bureau). Entrepreneurial team will be administered by the municipal science and technology department.
Chapter Three Financial Subsidies
Applications will be administered in an open and fair process which includes evaluation by qualified specialists and on site inspections.
Applicant’s personal qualifications should include the following:
1.Bachelor of Arts/Science degree or higher, with five years or more of related working experience, including management positions.
2.For language teachers a minimum of two years related working experience will apply.
Subsidies for individual projects:
1.A subsidy of RMB 50,000 may apply for each foreign specialist working for industry development, with maximum amount of RMB 150,000 /project each year.
2.A subsidy of RMB 30,000 may apply for each foreign specialists under the categories listed in Science, Education, Culture and health class, and the maximum subsidy amount will not exceed RMB 60,000 /project each year.
3.For projects already approved by national or provincial agencies a subsidy of ratio 1:1 may be allowed in equivalent investment.
Areas of subsidy may include the following:
nTravel expenses for initial international flights;
nRoom and board expenses in China;
nInternal transportation expenses;
nCertain proportion of payment for expert only in subsidy for industry development project.
1.Public announcement of applications.
2.Accept or reject application by authorized body.
4.Make public the evaluation result for 7days.
5.Final approval by Zhuhai government.
Once an application received its final approval, financial assistance will be provided after project operation, which may come at the end of year accounting practice.
All requests for subsidies will follow the guidelines given according to actual amount, within the maximum stated.
There will be a deadline set for the calendar year which applies to all approved financial assistance or subsidies. Such assistance or subsidies may not be carried forward to the following year.
After project completion, the project completion summary with pictures needs to be submitted to Zhuhai Human Resources and Social Security Bureau within one month, or new applications will not be accepted any more.
Annual review must be implemented by Zhuhai Human Resources and Social Security Bureau according to annual project plan. Financial assistance or subsidies must be banned if improper use happened or project operation stopping. Resort to deceit must be subject to corresponding legal liability.
Chapter Four Supplementary articles
This approach by Zhuhai Human Resources and Social Security Bureau is responsible for interpretation.
This approach starts implementation since the issuance date.