By Feicheng City Committee of CPC and Feicheng City People`s Government From Feicheng city (2001) No.8
Chapter 1General Principals
Article 1 in order to speed up opening to the outside world, strengthen introducing merchants and investment for accelerating cooperation of economy and technology, to promote our city’s economy to develop quickly and healthily, we put forward the stipulations.
Article 2 The resources, assets, industries and market(except the special stipulations made by nation)in our city are open to inland and overseas. We welcome and encourage outside investors to come here for investing and exploiting all kinds of resources and building enterprises in various levels, forms and fields with coopertion of economy and technology.
Article 3 We introduce merchants and investment by means of exchanging resources with technology, property rights with capitals, markets with projects, current capacity with increment, advancing mutual supplement and cooperation of resources, energy, assets, work force and markets between local and outside regions.
Article 4 According to the principle that something outside of our city is out,outside investors(including the enterprises stationed in Feicheng and the vertical management units),no matter the systems of ownership, will enjoy the following preferential policies with all investments forming our city’s financial capacity.
Article 5 The city finance department and the benefited units will afford the rewards and supporting capitals of the following stipulations.
Article 6 Feicheng City Merchants investment Promotion Office (thereafter abbreviation Merchants Promotion Office ) take charge of associating examination of introduced projects and organize approving together, “One-Station” service and “Special Matter, Special Consideration”. Relevant departments should handle all procedures at latest 5 days.
Chapter2 Encouraging Regulations
Article 7 The City Government shall give rewards and support to projects belonging to following cases:
1) Merchants outside city who come to build industrial production enterprises or amalgamate current enterprises shall be rewarded with 40 percent of local financial income formed by annual newly-increased tax in the first five years and 30 percent in the following five years (As to joint-veutures shall be judged by investment proportion and for cooperation ones by the stipulations in the contract).
2) Those who invest in agriculture and high new technology projects winning provincial honour upon third-grade shall be rewarded going up 10 percent according to the above regulation of Article1).
3) New non-production projects with fixed-assets invested over RMB 1000000 in commerce, service and amusement industries, shall be rewarded with 30 percent of local financial income formed by annual newly-increased tax in the first five years and 20 percent in the following five years.
4) High new technology projects upon provincial grade, if they need civil enterprises finance by loans, shall be given proper discount interest support by the city financial department.
5) Those who come to develop and construct industrial normal workshop shall enjoy support according to local financial income formed by value-added tax of land if they sell it in 5 years after the workshop is finished.
6) For those production projects invested in our city before this regulation carry out, if they have enjoyed our preferential policies, the City Merchants Promotion Office and financial department could transact it after being approved by City Merchants investment Promotion Committee according to different instances during the period of validity.
Chapter 3 Collecting-fee Regulations
Article 8 Merchants outside who invest in new projects shall enjoy reduction or remittal of administration fees to nil rate of government income except for infrastructure facility fee during construction period up to half a year after putting into production. In three years, charging items regulated by state shall be collected in floor level. Only cost of production, registration fees and other administration fees turned in superior shall be collected when they need to handle certificates and licenses of all kinds and recruit staff members.
Article 9 New building projects (except for developing realty) with fixed-assets invested over RMB 500000 shall be collected 60 percent of infrastructure facility fee and high new technology projects upon provincial-grade shall be collected 40 percent .Merchants outside who amalgamate or invest extra difficult industrial enterprises and construct production projects in the old site of factory shall be excused from infrastructure facility fee and free of river course work maintenance in five years.
Chapter 4 Land-use Regulations
Article 10 Merchants outside who come to invest in infrastructure ,agricultural comprehensive development and high new technology projects and get the land-use right by being transferred shall pay the lowest price. The money can be paid at a time or by installment if there is any difficulty.
Article 11 Merchants outside who invest new production projects (except for developing realty) with fixed-assets of RMB 0.5-8 million (investment of foreign exchange shall be converted in terms of current exchange rate, similarly hereinafter) and get land-use right by being transferred shall be supported with 80 percent of local profit from land. Those investment in fixed-assets over RMB 8 million or in high new technology projects upon provincial-grade shall be supported with total profit from land. Those who get land-use right in form of leasing shall be supported for five years according to total profit from land.
Article 12 Government providing fund or becoming a shareholder with land shall not participate in sharing out bonus in five years.
Article 13 Those, who develop desolate hill, hillside and sands, waste land, subsiding land for the production of planting, forestry and pomiculture, animal husbandry, breeding aquatics and other projects and get the land-use right by remising or leasing, shall be supported with total profits from land by government.
Article 14 Those who invest to set up causes of education, culture, physical culture and other social commonweal causes shall be provided land unpaid.
Article 15 Projects enjoying government support with land profit could not change the purpose of land-use. Those who transfer or lease the land before their land-use rights are terminated shall pay the government profit in residual years. If merchants need mortagage with land-use right, the fund attained must be used to invest projects in our city. After the hypothec is put into practice, the land profit from preferential part of government shall be turned in finance.
Chapter 5 Talents Regulations
Article 16 We can give most preferential treatment to talents introduced upon master’s degree in pay, houses, subsidies of settle, and so on, according to their request.
Article 17 We shall prize excellent talents, such as operators of extramural enterprises and those engaging in science and technology, who make outstanding contribution in promoting science and technology of our city and accelerating the development of economy and society. If a project presided by introduced talents wins profits after production, we shall prize the talents by taking our 30 percent of the newly-increased profit according to the base of last year or changing it into shares. We shall prize a talent who brings high new technology projects by taking out 50 percent (fixed number of year could be arranged by the both sides of cooperation).
Article 18 Those investors who invest much more capital or have extensive influence and technological talents who make outstanding contribution shall be awarded honorary titles. Besides, they can be engaged as honorary principalship.
Article 19 As to advanced talents of speciality technology introduced, relational departments shall transact procedures of removing or transferring for talents themselves, their spouses and their unmarried family without collecting city construction fee. The spouses and family of talents shall enjoy preference of being arranged for job so as they are fit for employment. Their Children shall be arranged for going to a nursery of entering school nearby without paying fee of studying on a temporary basis in the ompulsory education stage.
Article 20 Those talents upon bachelor’s degree introduced by units having no governing department and no conditions of managing personnel files or by nongovernmental economic organizations can give their files to the Talents’ Communion Center of our city to manage without paying serving-fee. Department concerned shall transact relating procedures about their salaries ,working ages, examining and commenting of their technical grade, paying for endowment insurance, and so on according to certification of City Merchants Promotion Office.
Article 21 Those technical talents needed urgently could be engaged in higher technical grade. Those making outstanding contribution shall enjoy preference of being recommended to promote.
Article 22 The Talents’ Communion Center is in charge of coordination of keeping and managing files of house hold registration of talents and their family. Talents shall be managed by employment units according to regions.
Chapter6 Settlement Regulations
Article 23 Those investors who invest actually over RMB 500,000(including RMB 500,000) in fixed-assets can require to be settled six registered permanent residences of themselves, their spouses and their family. Managers, technician and skilled workers graduating from technical secondary school at lowest, who are engaged by domestic enterprises invested over RMB a million or foreign enterprises invested over US 100000,can be settled as citizens. All the above cases shall enjoy 50 percent reduction of fee. And workers can settle temporarily without paying fees of management.
Article 24 Investors enjoy coequal treatments with citizens of our city in water, electricity, supplies of central heating ,hospitalization as well as going to nursery, entering school and obtaining employment of their children.
Chapter 7 Supplementary Articles
Article 25 To all the projects of investment and high new technic and large scale outside groups and large enterprises (including those enterprises stationed in Feicheng), the city government will take the method of “One matter, One discussion” and more favourable policies on rewards and support. Those projects over 5 millions of fixed assets newly built by the local enterprises, are suited not only to “One matter, One discussion” but also referring the relevant favourable policies of outside investment.
Article 26 The rewards and the discount interest allowance of finance will be settled according to the financial year. All that must be claimed by the investors in January of the next year .Looked through by the city financial departments, and ratified by the City Merchants and investment promotion Committee, after being approved by the city government ,the financial department shall cash all these on schedule. After those projects of high new technology must be examined by the technological committee and the other relevant departments, accepted by the City Merchants investment promotion Committee and approved by the city government, the other relevant departments take charge of carrying out. To the other policies ratified by the City Merchants investment promotion Committee and authorized by the city government, shall be carried out at any moment by the relevant departments of land, public security, construction , education, personal and so on .All above affairs shall be supervised and urged to carry out the City Merchants investment promotion Office.
Article 27 Those who enjoy the policies, besides all the enterprises and privates person shall be shown on mediums before being out a premium. Those who cheat rewards and discount interest and supporting capital shall be treated seriously by the laws and disciplines. All those capital shall be taken back by the City Merchants and investment promotion Office with the other relevant departments.
Article 28 If outside merchants providing more preferential policies of other regions than ours with documents as certification, we shall consult as long as those policies without missing the laws and statues of our states.
Article 29 This stipulations shall be explained by Feicheng City Merchants Promotion Office.
Article 30 This stipulations shall be carried out from the day issued . Other former documents that are different shall be replaced by the stipulations.