Showing posts with label Invest in Guangdong. Show all posts
Showing posts with label Invest in Guangdong. Show all posts

Wednesday, February 28, 2024

Guangdong Industries | Laying out five major industries and planning Guangdong’s “future”

 Guangdong Industries | Laying out five major industries and planning Guangdong’s “future”


Invest in Guangdong 2024-02-27 16:42 Guangdong


Recently, OpenAI released Sora, a large-scale "text-generated video" model, which once again caused great shock in the industry; on February 3, the world's first 6G architecture verification satellite was launched into orbit; in January, Musk, a well-known American entrepreneur, announced that humans Received brain-computer interface (Neuralink) chip implantation for the first time...


Since the beginning of this year, cutting-edge technologies and future industries have been as limitless as the sky, gradually turning people's imaginations into reality.


At the "First Meeting of the New Year" province-wide high-quality development conference held recently, the action plan documents for Guangdong's five major future industries were officially released (hereinafter referred to as the "Action Plan"). This is the first province to issue a specific action plan document for future industries after the Ministry of Industry and Information Technology and seven other ministries and commissions jointly issued the "Implementation Opinions on Promoting Innovation and Development of Future Industries" (hereinafter referred to as the "Opinions").


According to the action plan, Guangdong will develop five future industrial clusters: future electronic information, future intelligent equipment, future life and health, future materials, and future green and low-carbon industries.


Seizing new trends and sprinting onto new tracks, Guangdong will promote strategic emerging industries such as semiconductors and integrated circuits, intelligent robots, new energy, and biomedicine to become large-scale and high-level, and quickly release new momentum; with forward-looking layout and seizing the commanding heights, Guangdong will We will make proactive moves and build new advantages in future industries such as 6G, artificial intelligence, low-altitude economy, quantum technology, and life sciences.


The global race for future industries

How can Guangdong seize the spotlight?


      Looking around the world, future industries that represent the future direction and trend of technological development and can form disruptive technologies and major original achievements have become the focus of international competition. Different countries and regions are accelerating the layout of future industries and trying to seize the commanding heights through technological innovation.


The United States has proposed focusing on the development of technological fields such as artificial intelligence, quantum information science, advanced communication networks, advanced manufacturing, and biotechnology;


Japan has issued a series of policies and measures around the vision of "Society 5.0", focusing on supporting the systematic layout of technologies and industries such as life and health, artificial intelligence, biotechnology, quantum technology, cutting-edge material manufacturing, energy and environment, and autonomous vehicles;


Germany focuses on making forward-looking plans in the directions of artificial intelligence, smart manufacturing, green energy, and digital technology;


The UK has identified five future technology portfolios, including artificial intelligence, engineering biology, future communications, semiconductors and quantum technology.


      Across the country, as early as 2022, Shanghai, Shenzhen, Hangzhou, Nanjing and other places took the lead in introducing policies to lay out future industries. Taking Shenzhen as an example, in June 2022, Shenzhen issued the "Opinions on Developing and Expanding Strategic Emerging Industrial Clusters and Cultivating and Developing Future Industries" to proactively lay out eight future industries such as synthetic biology, blockchain, and aerospace technology.


      In January this year, seven departments including the Ministry of Industry and Information Technology issued the "Opinions", focusing on promoting the development of industries in six major directions: future manufacturing, future information, future materials, future energy, future space and future health, and building a number of future industry incubators and pioneers. District, break through hundreds of cutting-edge key core technologies and form hundreds of iconic products.


      How can Guangdong, which has a profound industrial foundation, promote future industrial development? Judging from the content of the action plan, Guangdong attaches great importance to the integration and innovation of future industries and strategic emerging industries. Fan Jianping, president of the Shenzhen Institute of Advanced Technology of the Chinese Academy of Sciences, said that Guangdong’s strategic emerging industries are in a leading position in the country and will also have an impact on future industrial development.


      Specifically as follows:



Future electronic information industry cluster

Focus on the development of new generation network communications, artificial intelligence terminals, virtual reality, quantum information, etc. By 2025, the scale of Guangdong’s core artificial intelligence industry will exceed 300 billion yuan. Looking forward to 2035, the future electronic information industry will become the leading force in the high-quality development of the new generation of electronic information industry, the key core technology innovation capabilities will reach the international advanced level, and a number of leading enterprises and innovation platforms will be gathered.


01  Future intelligent equipment industry cluster

Focus on the development of humanoid robots, aerospace equipment, deep-sea equipment, deep-earth equipment, etc. By 2030, Guangdong will achieve about 30 key future smart equipment technology breakthroughs, take the lead or participate in the formulation of more than 30 future industry standards; cultivate 4 internationally competitive "chain owner" companies and more than 50 specialized new companies .


02  Future life and health industry cluster

Focus on the development of gene technology, cell therapy, AI+ biomedicine, synthetic biology, brain science and brain-inspired research, etc. By 2030, Guangdong's future life and health industry will cultivate about 10 future-oriented companies that master disruptive technologies, have explosive growth potential, and may grow into world-class companies.


03  Future Materials Industry Cluster

Focus on the development of bionic intelligence, advanced metal materials, superconducting materials, nanomaterials, new energy materials, material research and development paradigms and instrumentation. By 2030, Guangdong will cultivate more than 5 future materials industry pilot zones and build more than 100 laboratories/enterprise future materials joint engineering centers to achieve full-chain development from source innovation to industrialization.


04  Future green and low-carbon industrial clusters

Focus on the development of deep-sea wind power, new energy storage, advanced nuclear energy, green hydrogen energy, high-efficiency photovoltaics, carbon capture, storage and utilization, etc. By 2030, Guangdong will have deployed a number of major (key) scientific and technological innovation projects to form several future green and low-carbon industrial clusters with strong international competitiveness worth 100 billion yuan.


05

      Towards the goal of becoming a global industrial innovation highland, Guangdong is accelerating the construction of a modern industrial system led by technological innovation with 20 strategic industrial clusters and 5 future industrial clusters as the main axis.


      Jia Fangfang, general manager of CCID Consulting Guangzhou Branch, said that the future industry is a forward-looking and leading industry that represents the new direction of future technology and industrial development, with great market potential and strong driving role. Guangdong has a good industrial foundation and resource endowment. Cultivating and developing future industries plays a critical, supporting and leading role in Guangdong's economic and social development. It is of great significance to Guangdong's construction of a strong manufacturing province and the promotion of high-quality economic development.


Future industries are still in their infancy


How to accelerate the transformation of scientific and technological achievements?


Future industries are currently in their infancy or early stages of industrialization. The cutting-edge nature of their technology, the uncertainty of their routes, the process of product market acceptance, and the long-term nature of incubation and cultivation determine the development paths and development models of future industries. It is bound to be very different from mature industries.


How can Guangdong build an ecosystem suitable for future industrial development? Building a platform, building a system, expanding scenarios, and providing strong support are important focuses of the action plan.


On the one hand, Guangdong will focus on improving the innovation level of the sources of strategic scientific and technological forces such as existing major scientific and technological infrastructure, planning a number of new major innovation platforms, and promoting the construction of world-class original innovation infrastructure clusters for future industries.


The report "Top Ten Trends in Future Industrial Development" released by CCID Research Institute pointed out that innovation highlands such as national key laboratories, national high-tech zones, national independent innovation demonstration zones, and comprehensive national science centers serve as important carriers and driving forces and will continue to play a role in Cultivate the main role in future industries.


According to the action plan, in order to promote brain science and brain-inspired research in the future life and health industry, Guangdong will rely on universities, research institutions and major research platforms to focus on the neural mechanisms of occurrence and intervention of major brain diseases, the formation and development of brain-inspired intelligence, etc. Core issues, exploring and building a "Human Brain Tissue Resource Library in South China", etc.


In the field of artificial intelligence terminals in the future electronic information industry, universities, scientific research institutes and enterprises are encouraged to cooperate to build a number of high-level innovation carriers and build a "tech brain + future laboratory" innovation system.


On the other hand, Guangdong will also build an achievement transformation system based on the different characteristics of each future industry.


For example, in response to problems such as insufficient reserves for future materials basic research and applied basic research, the action plan proposes to optimize financial science and technology investment, carry out systematic R&D layout targeting major scientific issues in the industry and key technology fields, and encourage teams of strategic scientists and enterprises to carry out research from "0 -1" "1-N" full-chain research and development, accelerate the formation of disruptive, cutting-edge, and cross-cutting new technologies and new "samples", and seize the commanding heights of innovation at the source of industrial technology.


In addition, it is also proposed to rely on original innovation source highlands such as the Comprehensive National Science Center in the Guangdong-Hong Kong-Macao Greater Bay Area to coordinate resource elements such as talents, funds, land, scientific research facilities, and build a pilot demonstration zone for future materials industry cultivation to build a "sample-product- The whole process of "commodity" scientific and technological achievements is transformed into ecology.


The transformation process of scientific research results is complex, and technology and innovation often face many obstacles from the laboratory to industrialization and marketization. The technology maturity curve often forms a deep valley of "product visibility" at this stage, which is vividly called the "point of death". valley". Scenario innovation often starts from "what is needed" to provide clear directions for technology and innovation, thereby achieving seamless integration of technology and applications and helping to cross the "trough".


The high-quality development of the industry cannot be separated from the guarantee of factors, and the action plan introduces many specific measures in policy design.


For example, key projects in the future smart equipment industry will be supported in accordance with laws and regulations in terms of project establishment, planning and layout, land use, energy consumption, environmental impact assessment, etc., and all localities and cities will be encouraged to formulate more targeted policies and measures based on local realities.


Regarding the development of green and low-carbon industries in the future, Guangdong will study the establishment of a future green and low-carbon industry development fund in a market-oriented manner, give full play to the guiding role of policy funds such as provincial industrial development and technological innovation, and focus on investments with high growth potential, high technological content, and Promote innovative enterprises and industrial projects with strong capabilities.


At the same time, we will strengthen land spatial planning and the protection of land use, forestry and sea factors, and explore models such as overall land supply for the industrial chain, market-oriented allocation of far-reaching sea site resources, and three-dimensional hierarchical establishment of rights for sea area use. Strengthen the protection of the entire chain of intellectual property rights, strengthen the institutional protection of innovation in "no man's land", and improve the level of intellectual property services.



      To this end, the action plan proposes measures to expand “new scenarios” for integrated development based on the characteristics of different future industries, such as:




Targeting future green and low-carbon industries

The action plan proposes to promote the deep integration of green and low-carbon industries such as "advanced nuclear energy + hydrogen energy", "deep sea wind power + seawater hydrogen production", "offshore integrated energy island + marine pasture + seabed mining", "biomass regeneration + aviation fuel".



Targeting the future life and health industry

Guangdong will increase the construction of future industrial application scenarios, face high-throughput sequencing, AI + biomedicine, explore the full-cycle scenario design mechanism of "future scenarios + pilot demonstrations + promotion and application", and create a world-leading future industrial innovation and development demonstration base.


      The high-quality development of the industry cannot be separated from the guarantee of factors, and the action plan introduces many specific measures in policy design.



Key projects in the future intelligent equipment industry


Support will be provided in accordance with laws and regulations in terms of project establishment, planning and layout, land use, energy consumption, environmental impact assessment, etc., and all localities and cities will be encouraged to formulate more targeted policies and measures based on local actual conditions.


Future green and low-carbon industry

Guangdong will study the establishment of a future green and low-carbon industry development fund in a market-oriented manner, give full play to the guiding role of provincial industrial development, scientific and technological innovation and other policy funds, and focus on investing in innovative enterprises and industries with high growth potential, high technological content, and strong driving capabilities. project.


At the same time, we will strengthen land spatial planning and the protection of land use, forestry and sea factors, and explore models such as overall land supply for the industrial chain, market-oriented allocation of far-reaching sea site resources, and three-dimensional hierarchical establishment of rights for sea area use. Strengthen the protection of the entire chain of intellectual property rights, strengthen the institutional protection of innovation in "no man's land", and improve the level of intellectual property services.



Scientifically plan regional industrial layout

Guangdong, East, West and North China and the Greater Bay Area


How to collaborate and interact?


Future industrial development is not a "castle in the air", but must be built on the basis of existing industries. As biologist and science journalist Christiane Schwager says in her book "The Future of Life", how the future develops depends on the signs that already exist.


The action plan proposes to build a new pattern of coordinated industrial development and formulate corresponding planning layouts based on the industrial development foundations of different regions to promote coordinated regional development.


For example, in the field of life and health, Guangdong has formed multiple industrial clusters such as the Guangzhou International Bio-Island and the Shenzhen (Pingshan) National Bio-Industry Base. It has built a number of major scientific and technological infrastructures such as the Shenzhen National Gene Bank, and is in the field of synthetic biology, cells and Gene technology, brain-like intelligence, biomanufacturing and other fields have already developed foundations.


The action plan proposes to create an industrial innovation development zone with Guangzhou and Shenzhen as the core and Foshan, Dongguan, Zhongshan and Zhuhai as the focus. Among them, Guangzhou is supported in its efforts to build a global biomedical innovation and industrial development hub, and Shenzhen is supported in building a global source of future life and health industry innovation.


Major cooperation platforms are also the focus of the layout. The action plan proposes to support the Nansha Guangdong-Hong Kong-Macao Comprehensive Cooperation Demonstration Zone in accelerating the creation of a growth pole for the high-end manufacturing industry of drugs and medical devices, support the Loop Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone in accelerating the creation of a world-class drug and medical device pilot transformation service platform, and support Hengqin The Guangdong-Macao In-depth Cooperation Zone accelerates the creation of a future life and health traditional Chinese medicine industry production base and innovation highland.


In the field of electronic information, Guangdong has a trillion-level new-generation electronic information industry cluster and has a good industrial foundation in the fields of intelligent terminals, new displays, energy storage batteries, and new-generation information and communication technology.


The action plan proposes to comprehensively strengthen the future electronic information industry chain supply with the Guangdong-Hong Kong-Macao Greater Bay Area in conjunction with the in-depth implementation of the "Hundred Counties, Thousand Towns and Ten Thousand Villages High-Quality Development Project" to support eastern Guangdong, western Guangdong and northern Guangdong by combining resource endowments and functional positioning. Chain collaboration will form a closely connected and mutually supportive industrial division of labor, and accelerate the creation of a coastal future industrial development belt and a northern future industrial application demonstration zone.


Green is the background color for high-quality development. In the future green and low-carbon field, Guangdong will focus on the layout of deep-sea wind power high-end equipment manufacturing clusters in the coastal economic belt led by Yangjiang, Shantou, Jieyang, and Shanwei, and the high-end offshore wind power equipment manufacturing clusters led by Guangzhou, Shenzhen, Foshan, Dongguan, Zhongshan, Yunfu, and Chaozhou. The entire hydrogen energy "production, storage, transportation and use" industrial chain, the CCUS (carbon capture) industrial cluster with Huizhou, Zhanjiang and Shanwei as the core starting areas, and the high-efficiency photovoltaic key equipment and raw and auxiliary material industry base with the Pearl River Delta region as the core.


As an open province, Guangdong will also promote the global layout of future industrial development while improving the level of international cooperation.


For example, for future green and low-carbon industries, the action plan proposes to actively integrate into the international green trade system and explore and promote market mechanisms such as carbon emissions trading, green electricity and green certificate trading, and product carbon footprint evaluation and labeling to be in line with international standards.


In addition, it is necessary to deepen cooperation and exchanges between Guangdong, Hong Kong and Macao in the fields of green finance, talent training and technological innovation, link up Hong Kong and Macao to build an open and innovative green and low-carbon industrial system, and increase the supply of diversified and multi-level green financial products and services. Build a green development demonstration zone in the Guangdong-Hong Kong-Macao Greater Bay Area.


Regarding the future development of the materials industry, Guangdong will rely on the materials innovation infrastructure cluster in the Guangdong-Hong Kong-Macao Greater Bay Area to plan and deploy international cooperation plans for the future materials industry, attract talents at home and abroad to carry out materials science and technology research in Guangdong, and support well-known overseas universities and colleges. Institutes, advantaged enterprises, and international science and technology organizations have established transnational innovation institutions for future materials, corporate R&D centers, and achievement transformation bases in Guangdong.


By continuing to expand opening up, Guangdong will promote more enterprises and R&D institutions to actively integrate into the global scientific and technological innovation network, and strive to build a win-win development pattern for cooperation.

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Zhaoqing City very much welcomes technology companies and technology giants to start their own businesses in Zhaoqing.The creative atmosphere in Zhaoqing City is very good.


If you want to invest in China (Dinghu, Sihui, Gaoyao, Guangning, Deqing, Fengkai, Huaiji), you can contact me directly. I can help foreign investors reduce investment costs.


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Zhaoqing Investment Promotion Bureau

Address: 6/F, No. 18, Jiangbin West Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel: 0086-758-2899202

Fax: 0086-758-2282600

Email: zqszsj@126.com

Friday, February 9, 2024

Hot News|The total number of business entities exceeded 18 million! Guangdong accelerates the construction of a first-class business environment

Hot News|The total number of business entities exceeded 18 million! Guangdong accelerates the construction of a first-class business environment


Invest in Guangdong 2024-01-12 17:07 Guangdong

The latest statistics show that as of the end of 2023, the number of registered business entities in Guangdong has exceeded 18 million, accounting for one-tenth of the national total. It continues to rank first in the country, with a net increase of 1.728 million from the end of 2022, an increase of 10.6%. The growth rate is the highest in the past five years.




Why can Guangdong achieve such results?


Guangdong vigorously implements the business entity cultivation plan and strives to create a good business environment. In 2023, Guangdong has successively introduced a series of measures such as the "31 Measures" to cultivate and support individual industrial and commercial households, the "51 Measures" to promote the development of individual industrial and commercial households, and the "31 Measures" to develop and expand rural business entities, to promote the accurate classification of individual industrial and commercial households. Assistance, supporting business entities throughout the life cycle.


Guangdong comprehensively cleans up policy documents that have discriminatory provisions on market access, qualification licensing, government procurement, etc. for individual industrial and commercial households. It randomly checks more than 12,000 documents and actively proposes rectification opinions to the policy-making authorities in response to the problems discovered. Statistics show that as of October 2023, various cultivation and support policies have benefited 2.46 million individual industrial and commercial households, nearly three times more than in 2022, including new tax cuts and fee reductions, tax rebates and tax deferrals totaling 76.1 billion yuan. Especially in industries such as accommodation, catering, wholesale and retail where individual industrial and commercial households are concentrated, the "one license is applicable" reform will be implemented, and related licenses will be applied for once and approved in parallel, the submission materials will be streamlined by 50%, and the approval cycle will be shortened by 70%.


At the same time, Guangdong continues to deepen the reform of business start-up, promoting the reduction of the five links of business registration, namely license, seal, tax, insurance (employee insurance registration), and gold (housing provident fund payment registration), into one, and the business start-up time has been reduced from 35 days are compressed into less than 1 working day. Guangdong has also piloted the "one license for all" reform, realizing the merger of key business licensing matters and business licenses, and "one code display" of license information. The business volume of license applications accounts for more than 85%. The level of investment facilitation continues to improve, and continues to inspire the whole society to set up enterprises. enthusiasm.


Data show that in 2023, there were 2.577 million registered "four new economies" (new technologies, new industries, new formats, and new models) enterprises in Guangdong Province, accounting for 32.9% of the total number of enterprises, an increase of 13.9% from the end of 2022; the province There were 861,000 registered manufacturing enterprises, a year-on-year increase of 5.6%, and 91,000 newly registered manufacturing enterprises, a year-on-year increase of 10.9%. Since 2023, Guangdong's traditional industrial enterprises have upgraded their industrial and value chains to mid-to-high-end through technological transformation and digital transformation, and manufacturing enterprises have grown rapidly.


At present, the added value of the 20 strategic clusters being built in Guangdong accounts for more than 40% of GDP. In the first 11 months of 2023, Guangdong’s industrial investment growth rate was as high as 23.0%.


In addition, in the process of "advance in depth" of the Guangdong-Hong Kong-Macao Greater Bay Area, Guangdong's export-oriented economy has developed rapidly. As an important part of foreign-funded enterprises, the number of Hong Kong and Macao-funded legal persons in Guangdong Province will reach 96,000 in 2023, a year-on-year increase of 15.5%; there are 8,000 newly registered Hong Kong and Macao-funded legal persons, a year-on-year increase of 64.4%.


These are inseparable from the Greater Bay Area’s continued efforts to promote “soft connectivity”. In order to further improve the level of investment and business facilitation, Guangdong has accelerated the connection of rules and mechanisms in the field of market supervision in the Guangdong-Hong Kong-Macao Greater Bay Area, deepened the reform of the registration confirmation system, promoted the "Bay Area Universal Processing" for registration, and implemented "cross-border universal processing, one place" "Two Notes", piloting the electronic circulation of simplified versions of notarized documents for Hong Kong investors, realizing full electronic registration of Hong Kong-funded enterprises, and facilitating investment and business in the Bay Area. There are 87 enterprises per 1,000 people in the 9 cities in the Greater Bay Area, reaching the level of developed countries.


Guangdong’s total number of enterprises, total number of foreign-invested enterprises, and private economic entities all rank first in the country.


In the future, Guangdong will continue to work hard to optimize the business environment. The "Three-Year Action Plan for Building a World-class Business Environment in the Guangdong-Hong Kong-Macao Greater Bay Area" released in December 2023 proposes that by 2025, Guangdong will have achieved results in key areas such as removing hidden barriers, optimizing the approval process for reengineering, and strengthening in-process and post-event supervision. A series of landmark achievements have made the business environment's systems and mechanisms more complete, making the market-oriented, rule-of-law, and internationalized business environment a golden signature.



We sincerely hope that merchants from all over the world will visit Zhaoqing City and Sihui City to take a look.

We sincerely hope to be friends with the whole world, and we sincerely do business with the whole world.

If there is anything we can't do well, I hope you can give us some suggestions.



Zhaoqing Foreign Affairs and Overseas Chinese Affairs Bureau

Address: No. 122, Chengzhong Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel:  0086-758-2237010,  0086-758-2231845   (English、Chinese、Cantonese)




Investment Promotion Bureau of Sihui City

Address: 3F, Administrative Center, Dongcheng Street, Sihui City, Guangdong Province

Tel:     0086-758-3611228 (Chinese、Cantonese)

Fax:    0086-758-3611188

Email: SHQYFW@VIP.163.com (English、Chinese、Cantonese)



Zhaoqing Investment Promotion Bureau

Address: 6/F, No. 18, Jiangbin West Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel:     0086-758-2899202  (Chinese、Cantonese)

Fax:    0086-758-2282600

Email: zqszsj@126.com (English、Chinese、Cantonese)

Policy Guidelines | New version of "Guidelines on Taxation Policies for Stabilizing Foreign Trade and Stabilizing Foreign Investment" released

Policy Guidelines | New version of "Guidelines on Taxation Policies for Stabilizing Foreign Trade and Stabilizing Foreign Investment" released


Invest in Guangdong 2024-01-17 16:17 Guangdong


In order to give full play to the role of taxation in supporting the work of stabilizing foreign trade and foreign investment, the State Administration of Taxation has sorted out and updated the currently effective relevant tax support policies and collection and management service measures, and formed a new version of the "Guidelines on Tax Policies for Stabilizing Foreign Trade and Stabilizing Foreign Investment" and issued them on January 15 It is released to the outside world to facilitate taxpayers to better understand the policies and applicable policies, and to create a good tax environment for the development of foreign trade and foreign investment.


According to the relevant person in charge of the Policy and Regulations Department of the State Administration of Taxation, the new version of the "Guidelines on Tax Policies for Stabilizing Foreign Trade and Stabilizing Foreign Investment" is divided into two major areas: stabilizing foreign trade policies and stabilizing foreign investment policies, and includes a total of 51 specific contents. Among them, 19 tax policies related to stabilizing foreign trade include tax policies for exported goods and services, value-added tax policies for cross-border taxable activities, tax policies for new foreign trade formats, and measures to facilitate export tax refund (exemption) services. Tax policies related to stabilizing foreign investment include 32 tax policies to encourage foreign investment.


The relevant person in charge of the Taxation Science Institute of the State Administration of Taxation said that foreign trade and foreign investment are the link connecting domestic and international dual cycles and are an indispensable and important force in stabilizing and promoting economic and social development. In recent years, in accordance with the arrangements of the Party Central Committee and the State Council, the taxation department, together with relevant departments, has introduced a series of tax support policies and measures to facilitate collection and management services to stabilize foreign trade and foreign investment, promote the stable development of imports and exports, support the development of new formats and models of foreign trade, and encourage foreign businessmen to come. Hua invests and develops business. Combining these policies and measures into a book and updating them in a timely manner not only makes it easier for taxpayers to systematically grasp and enjoy the policies, but also releases a positive signal to continue to expand opening up to the outside world and vigorously consolidate the fundamentals of foreign trade and foreign investment, further boosting market development confidence.


At present, the new version of the "Guidelines on Tax Policies for Stabilizing Foreign Trade and Stabilizing Foreign Investment" has been released on the official website of the State Administration of Taxation. Taxpayers can log in to inquire and compare operations, apply tax support policies suitable for their own development, and fully enjoy the policy dividends.



Data map source: Yangcheng Evening News·Yangcheng School



"Compilation of Tax Policy Guidelines for Stabilizing Foreign Trade and Stabilizing Foreign Investment"


Table of contents



1. Stabilizing foreign trade tax policies


(1) Goods and labor services tax policy


1. Tax refund (exemption) policy for exported goods and services


2. Tax exemption policy for exported goods and services


3. Taxation policy provisions on exported goods and services that do not apply to VAT refund (exemption) and tax exemption policies


4. Pilot policy for general VAT taxpayer qualifications in comprehensive bonded zones


5. Export tax rebate policy for finance leased goods


6. Tax refund policy at port of departure


7. Border small trade tax policy




(2) Value-added tax policy for cross-border taxable activities


8. Cross-border taxable activities are subject to the VAT zero-rate policy


9. Cross-border taxable activities are subject to VAT exemption policy




(3) Tax policies for new foreign trade formats


10. Cross-border e-commerce retail exports are subject to VAT and consumption tax refund (exemption) policies


11. Cross-border e-commerce retail exports are exempt from value-added tax and consumption tax


12. Invoice-free tax exemption policy for retail exports in the Cross-border E-commerce Comprehensive Pilot Zone


13. Policies for the assessment and collection of corporate income tax on retail export enterprises in the Cross-border E-commerce Comprehensive Pilot Zone


14. VAT exemption policy for exported goods through market procurement trade


15. Tax refund policy for foreign trade comprehensive service enterprises


16. Tax policy for cross-border e-commerce exports and returned goods




(4) Measures to facilitate export tax refund (exemption) services


17. Simplify and optimize export tax refund (exemption) submission materials and processing procedures


18. Continue to accelerate the progress of export tax refund (exemption)


19. Continue to improve the level of export tax refund (exemption) services





2. Stabilizing foreign investment tax policies


(1) Tax policies to encourage foreign investment


20. Direct investment by foreign investors with distributed profits is temporarily not subject to withholding income tax


21. Qualified non-resident taxpayers enjoy treaty benefits


22. Sino-foreign cooperative education is exempt from value-added tax


23. Taiwan shipping companies engaged in cross-strait maritime direct shipping business are exempt from value-added tax


24. Taiwan shipping companies engaged in cross-strait maritime direct shipping business are exempt from corporate income tax


25. Taiwanese airlines engaged in cross-strait air direct flights are exempt from value-added tax


26. Taiwanese airlines engaged in cross-strait air direct flights are exempt from corporate income tax




(2) Tax policies to attract foreigners


27. Preferential policies for personal income tax subsidy for foreigners


28. Individual income tax concessions for high-end overseas talents in short supply in the Guangdong-Hong Kong-Macao Greater Bay Area


29. Individual income tax preferential treatment for high-end talents in short supply at home and abroad in the Hengqin Guangdong-Macao Deep Cooperation Zone


30. Individual income tax preferential treatment for Macao residents working in the Hengqin Guangdong-Macao Deep Cooperation Zone


31. Individual income tax preferential treatment for Hong Kong and Macao residents in Nansha, Guangzhou


32. Individual income tax preferential treatment for Taiwan residents in Pingtan Comprehensive Experimental Zone, Fujian




(3) Tax policies to support the opening up of financial markets


33. QFII and RQFII entrust domestic companies to engage in securities trading business in my country and are exempt from value-added tax


34. QFII and RQFII are temporarily exempt from corporate income tax on income from the transfer of stocks and other equity investment assets in China.


35. QFII and RQFII are temporarily exempt from VAT on the price difference income from the CDR transfer of innovative enterprises


36. Regulations on the exemption of corporate income tax for QFII and RQFII’s income from CDR transfer and dividend income from innovative enterprises


37. Income from the transfer of financial products obtained by overseas institutions investing in the inter-bank local currency market is exempt from value-added tax


38. Interest income from domestic bonds invested by overseas institutions is temporarily exempt from VAT


39. Interest income from domestic bonds invested by overseas institutions is temporarily exempt from corporate income tax


40. The transfer price difference obtained by Hong Kong market investors investing in A-shares listed on the Shanghai Stock Exchange is exempt from VAT.


41. Income from the transfer price difference obtained by investors in the Hong Kong market investing in A-shares listed on the Shanghai Stock Exchange is temporarily exempt from income tax.


42. Income tax policy on dividends received by investors in the Hong Kong market from investing in A-shares listed on the Shanghai Stock Exchange


43. The transfer price difference obtained by Hong Kong market investors investing in A-shares listed on the Shenzhen Stock Exchange is exempt from VAT.


44. Income from the transfer price difference obtained by Hong Kong market investors investing in A-shares listed on the Shenzhen Stock Exchange is temporarily exempt from income tax.


45. Income tax policy on dividends received by investors in the Hong Kong market from investing in A-shares listed on the Shenzhen Stock Exchange


46. Investors in the Hong Kong market who participate in stock guaranteed short selling are temporarily exempt from securities (stock) transaction stamp tax on the borrowing and return of stocks involved.


47. The transfer price difference obtained by investors in the Hong Kong market from buying and selling mainland fund shares is exempt from VAT


48. Income from the transfer price difference obtained by investors in the Hong Kong market from buying and selling mainland fund shares is temporarily exempt from income tax.


49. Income tax policy for investors in the Hong Kong market from distribution of funds in the Mainland


50. Foreign institutional investors engaged in domestic crude oil futures trading are temporarily not subject to corporate income tax


51. Income obtained by overseas individual investors from investing in crude oil and other cargo futures in China is temporarily exempt from personal income tax.




We sincerely hope that merchants from all over the world will visit Zhaoqing City and Sihui City to take a look.

We sincerely hope to be friends with the whole world, and we sincerely do business with the whole world.

If there is anything we can't do well, I hope you can give us some suggestions.



Zhaoqing Foreign Affairs and Overseas Chinese Affairs Bureau

Address: No. 122, Chengzhong Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel:  0086-758-2237010,  0086-758-2231845   (English、Chinese、Cantonese)




Investment Promotion Bureau of Sihui City

Address: 3F, Administrative Center, Dongcheng Street, Sihui City, Guangdong Province

Tel:     0086-758-3611228 (Chinese、Cantonese)

Fax:    0086-758-3611188

Email: SHQYFW@VIP.163.com (English、Chinese、Cantonese)



Zhaoqing Investment Promotion Bureau

Address: 6/F, No. 18, Jiangbin West Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel:     0086-758-2899202  (Chinese、Cantonese)

Fax:    0086-758-2282600

Email: zqszsj@126.com (English、Chinese、Cantonese)


Policy Guidelines丨Legislation protects the manufacturing industry! This regulation in Guangdong will be the first to be implemented nationwide on March 1

Policy Guidelines丨Legislation protects the manufacturing industry! This regulation in Guangdong will be the first to be implemented nationwide on March 1 


Invest in Guangdong 2024-01-23 16:55 Guangdong


The Standing Committee of the Guangdong Provincial People's Congress held a press conference on the morning of January 20 to introduce the "Guangdong Provincial Regulations on the Promotion of High-quality Development of Manufacturing" (hereinafter referred to as the "Manufacturing Regulations").


It is understood that the "Manufacturing Regulations" will come into effect on March 1. It is the first specialized legislation introduced by Guangdong Province in the country to promote new industrialization and accelerate the construction of a strong manufacturing province. It will position Guangdong at the forefront of promoting Chinese-style modernization. Building a strong material and technological foundation provides strong institutional support, demonstrating Guangdong's determination and confidence to unswervingly promote new industrialization and build a strong manufacturing province.


What are the specific measures and key contents?


Let me show you a picture↓


Policy Guidelines丨Legislation protects the manufacturing industry! This regulation in Guangdong will be the first to be implemented nationwide on March 1



We sincerely hope that merchants from all over the world will visit Zhaoqing City and Sihui City to take a look.

We sincerely hope to be friends with the whole world, and we sincerely do business with the whole world.

If there is anything we can't do well, I hope you can give us some suggestions.



Zhaoqing Foreign Affairs and Overseas Chinese Affairs Bureau

Address: No. 122, Chengzhong Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel:  0086-758-2237010,  0086-758-2231845   (English、Chinese、Cantonese)




Investment Promotion Bureau of Sihui City

Address: 3F, Administrative Center, Dongcheng Street, Sihui City, Guangdong Province

Tel:     0086-758-3611228 (Chinese、Cantonese)

Fax:    0086-758-3611188

Email: SHQYFW@VIP.163.com (English、Chinese、Cantonese)



Zhaoqing Investment Promotion Bureau

Address: 6/F, No. 18, Jiangbin West Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel:     0086-758-2899202  (Chinese、Cantonese)

Fax:    0086-758-2282600

Email: zqszsj@126.com (English、Chinese、Cantonese)

Wednesday, February 7, 2024

Hot News|Ministry of Commerce: More than 60% of the “24 Foreign Investment Policies” have been implemented

Hot News|Ministry of Commerce: More than 60% of the “24 Foreign Investment Policies” have been implemented


Invest in Guangdong 2024-02-08 14:36 Guangdong


On February 5, 2024, the State Council Information Office held a regular briefing on the State Council’s policies to create a market-oriented, legal and international first-class business environment. To attract foreign investment and promote the development of foreign-invested enterprises in China, it is necessary to further improve a first-class business environment that is market-oriented, international and legalized. In 2023, the State Council issued the "Opinions on Further Optimizing the Foreign Investment Environment and Increasing Attraction of Foreign Investment". Half a year later, how is the implementation of the "Opinions"?


In response, Zhu Bing, director of the Foreign Investment Management Department of the Ministry of Commerce, responded that more than 60% of policy measures have been implemented, and 10 have been completed, including "effectively safeguarding the legitimate rights and interests of enterprises on the Internet" as a key task for reporting online infringement information; The implementation period of the tax exemption policy for personal allowance subsidies and the tax refund policy for foreign-funded R&D institutions purchasing domestic equipment has been extended to the end of December 2027.


Zhu Bing introduced that in August 2023, the Ministry of Commerce, together with 29 departments including the Central Propaganda Department and the Central Cyberspace Affairs Office, extensively listened to multinational companies, foreign-funded enterprises, foreign business associations such as the European Chamber of Commerce in China and the American Chamber of Commerce in China, as well as some local governments. Opinions and suggestions from all aspects focused on the business environment issues that foreign-funded enterprises are concerned about, responded to the concerns and demands of foreign-funded enterprises on China's investment environment, and put forward a number of targeted policy measures. On this basis, the " The Opinions on Further Optimizing the Foreign Investment Environment and Increasing the Attraction of Foreign Investment are often referred to as the “24 Articles of Foreign Investment.”


It has been half a year since the policy was released, and various departments and localities are working hard to promote the implementation of various policy measures according to their division of responsibilities. Not long ago, the Ministry of Commerce, together with relevant departments, conducted a phased review and evaluation of the implementation of the "24 Articles on Foreign Investment" and listened to the evaluations of foreign-invested enterprises in the form of questionnaires and symposiums. Overall, more than 60% of policy measures have been implemented or have made positive progress, and most foreign-funded enterprises have a good overall evaluation.


Zhu Bing pointed out that, specifically, of the 59 measures in the "24 Foreign Investment Measures", 10 have been completed. For example, the Central Cyberspace Administration of China issued a document clearly regarding "effectively safeguarding the legitimate rights and interests of enterprises on the Internet" as online infringement information. In order to focus on the key tasks of reporting, an online reporting area has been opened and the reporting hotline of 12377 has been announced. The Ministry of Finance and the State Administration of Taxation issued an announcement extending the implementation period of the tax exemption policy for foreign individual subsidies and the tax refund policy for the purchase of domestic equipment by foreign-funded R&D institutions until the end of December 2027.


· 28 projects have made phased progress


Including policy documents that have been drafted and are in the process of being promulgated, relevant work has been carried out or work arrangements have been carried out in accordance with the requirements of policy initiatives, etc. For example: the Central Cyberspace Administration of China has formulated the "Regulations on Regulating and Promoting Cross-border Data Flows", which are being studied, improved, and prepared for promulgation. The Ministry of Finance is working hard to formulate standards for "produced in China" for government procurement products.


· 21 projects are being continuously promoted


Including some long-term and continuous work, such as: the State Intellectual Property Office guides and supports relevant localities to set up intellectual property service guarantee workstations during the exhibition, and do a good job in protecting intellectual property service guarantees such as patent priority review and acceptance, intellectual property maintenance, and comprehensive consultation.


Zhu Bing said that in the next step, the Ministry of Commerce will continue to promote various measures to accelerate the implementation and effectiveness, promptly report the progress of government procurement, standard setting, investment facilitation and other aspects that are generally concerned by foreign-invested enterprises, and further strengthen the implementation of the "24 Foreign Investment Articles" assessment of the situation.




Sihui City Investment Promotion Center

Contact information

Tel:    0086 758 3611228

Fax:  0086 758 3611228

Email: shqyfw@vip.163.com

Website: https://www.sihui.gov.cn/gzjg/shszsj/zsjgz/index.html



Zhaoqing New Area Economic Promotion Bureau

Address: within the Management Committee of Zhaoqing New Area, No. 1 Jinhua Road, Dinghu District, Zhaoqing City, Guangdong Province

Tel:   0086-758-2583333

Fax:  0086-758-2588213

Email: investzqxq@163.com



Investment Promotion Bureau of Gaoyao District

Address: No.201, Nanxing 1st Road, Nan'an Street, Gaoyao District, Zhaoqing City

Tel:   0086-758-8392673

Fax:  0086-758-8200738

Email: gyzsjwlk@163.com

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