According to the Guangdong Provincial Department of Commerce, the "Special Implementation Plan for Guangdong Province to Further Increase the Attraction and Utilization of Foreign Investment" (hereinafter referred to as the "Plan") has been released, which rewards foreign-invested enterprises that comply with relevant regulations to attract and utilize foreign investment more vigorously and promote the accelerated construction of major foreign-funded projects. Among them, the maximum reward for high-tech manufacturing and other manufacturing enterprises is RMB 150 million, the maximum reward for high-tech service and other industry enterprises is RMB 80 million, and a one-time reward of RMB 5 million is given to the headquarters of foreign-funded multinational companies. The plan proposes that for foreign-invested enterprises established in six cities, namely Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, and Zhongshan, if the total annual increase in actual foreign investment reaches 50 million US dollars or more, high-tech manufacturing enterprises shall be rewarded at a ratio not exceeding 3% of the actual increase in foreign investment, other manufacturing and high-tech service enterprises shall be rewarded at a ratio not exceeding 2% of the actual increase in foreign investment, and enterprises in other industries shall be rewarded at a ratio not exceeding 1% of the actual increase in foreign investment. For foreign-invested enterprises established in 15 cities, including Shantou, Shaoguan, Heyuan, Meizhou, Huizhou, Shanwei, Jiangmen, Yangjiang, Zhanjiang, Maoming, Zhaoqing, Qingyuan, Chaozhou, Jieyang, and Yunfu, with a total annual increase in actual foreign investment of 10 million US dollars or more, high-tech manufacturing enterprises shall be rewarded at a ratio not exceeding 3% of the actual increase in foreign investment, other manufacturing and high-tech service enterprises shall be rewarded at a ratio not exceeding 2% of the actual increase in foreign investment, and enterprises in other industries shall be rewarded at a ratio not exceeding 1% of the actual increase in foreign investment. Among the above investment rewards, a single enterprise in high-tech manufacturing and other manufacturing industries will receive a maximum reward of RMB 50 million in the current year, and a cumulative maximum reward of RMB 150 million during the implementation period of the plan; A single enterprise in the high-tech service industry and other industries will receive a maximum reward of RMB 20 million in the current year, and a cumulative maximum reward of RMB 80 million during the implementation period of the plan. The implementation period of the plan is from 2023 to 2027. (Lai Xin She)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：people.com
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