On contributing technology to become shareholders

The scientific and technical personnel of the scientific research institutes and institutions of higher learning as well as any other holders of technological achievements both at home and abroad are encouraged to contribute their technology to become shareholders and establish businesses in the Hi-Tech Zone.
(Zhuhai Government Document No. (2000) 21)

 The scientific and technical personnel of the scientific research institutes and institutions of higher learning as well as any other holders of technological achievements are allowed to establish hi-tech businesses with their non-post technological achievements as share equity, and they are allowed to assume such posts as corporate directors, supervisors and managers.
(Zhuhai Government Document No. (1999) 97)

 When a software enterprise is registered, the copyright of software products, technical know-how and patents can be priced as shares in accordance with the provisions of the "Rules of Zhuhai on Contributing Technological Achievements to Become Shareholders and on Related Royalty", and the percentage of such contribution can be 35% of the registered capital; for those software technologies and products with tremendous market potential and high added-value, the percentage of such contribution in the registered capital can be determined by the investors themselves.
(Zhuhai Government Document No. (2000) 113)

 For common technological achievements, their equity percentage in the registered capital of the company shall not exceed 20%; the equity ratio for hi-tech achievements (verified by administrative department of science and technology) can reach 35% of the registered capital of the company.
("Rules of Zhuhai on Contributing Technological Achievements to Become Shareholders and on Related Royalty", adopted on July 27, 1999 at the Third Session of the Standing Committee of the Fifth People's Congress of Zhuhai)

On the exemption of administrative charges

In principle the enterprises within the Hi-Tech Park are exempted from various administrative charges of the municipal or lower levels.
(Zhuhai Government Document No. (2000) 21)

 The various expenditures of private enterprises on research and development of new techniques, new technologies, new equipment and new products as well as initiating hi-tech enterprises are allowed to be counted into the managerial costs.
(Zhuhai Government Document No. (1999) 97)

Preferential loans, entitlement to funds and interest subsidy:

Set up an interest subsidy loan fund for scientific and technological type enterprises. Each year, the municipal government will invest 10 million yuan and entrust the municipal science committee and Commercial Bank to form a special institution for management of the fund and providing collateral of loans for scientific and technological type enterprises.
(Zhuhai Government Document No. (1999) 97)

 For the transformation within the Hi-Tech Zone of hi-tech achievements brought in by inland scientific research institutes and overseas returning students, they have the priority in their entitlements to venture loans and project subsidy on interest payment.
(Zhuhai Government Document No. (1999) 88)

 Overseas returning students can apply for business registration in the Hi-Tech Zone with their passports. For those overseas returning students who become shareholders with hi-tech contribution, they have the priority in obtaining the support of a business initiation fund.
(Zhuhai Government Document No. (2000) 21)

 Each year, a certain sum is allocated from the science and technology fund of the city as subsidy on interest payment to support institutions of higher learning and their students to engage in the transformation of hi-tech achievements or projects, or to conduct the research and development of hi-tech projects.
(Zhuhai Government Document No. (2000) 67)

 Set up a special development fund for biological pharmaceutics to support the import of biological pharmaceutical technology, technological innovation and development of new products. Increase interest subsidy on the loan for the technological innovation and transformation of enterprises; for the projects of key technological transformation and development of new products, give them preferential treatment in application for the loan interest subsidy projects of state and provincial level technological transformation, and meanwhile, give them priority in granting the municipal level loan interest subsidy of technological innovation and transformation.

For an enterprise which is registered in our city and whose investment ratio in the hi-tech industrial field of our city is no lower than 70% of its total investment amount, it can be granted preferential taxation policies with reference to the hi-tech enterprises of our city, and it is allowed to withdraw a risk compensation sum of 3-5% of its total revenue of that year to compensate the investment loss of the previous year and that year; the balance of the risk compensation sum can be carried down on a yearly basis, but this sum shall not exceed 10% of the net assets of the enterprise by the end of that year.
(Zhu Zi No. (2000) 35)

 Each year the municipal financial department allocates special grants as loan interest subsidy for leading agricultural enterprises.
(Zhu Zi. No. (2000) 4)

On financial subsidies

Each year, the municipal financial department will allocate a certain amount of science and technology subsidy to the projects of hi-tech achievements with prospects for development, and it will also increase fund allocation by 10 to 20 million yuan to give key support to the incubation and industrialization of science and technology projects, and introduce the projects of hi-tech achievements from inland colleges and universities and research institutes for industrialization in Zhuhai.
(Zhuhai Government Document No. (1999) 88)

 The teaching and managerial staff of university campuses are granted financial subsidies of Special Economic Zone. The subsidies will be verified and allocated in accordance with the equal standards of state and Guangdong provincial institutions residing in Zhuhai on a scale of 10ˇŚ?1 between full-time students of that year and teachers.
(Zhuhai Government Document No. (2000) 67)

 The software industry development fund is set up to support the facilities for the state and provincial level software projects and the application of software to the promotion of industrial reconstruction. Such development fund adopts such forms as interest subsidy for project loans, subsidies and rewards, and it will be used in an rollover mode.

The Financial special account is set up for supporting the software industry. The local retained portion of the income taxes paid by software business as is transferred into the special account, and will be used for supporting the development and innovation of software enterprises.

For the managerial and technical personnel of software enterprises, an amount of 4,000 yuan for subsidies and expenses can be deducted each month before levying of personal income tax, and the local retained portion of the due personal income tax is transferred into the special account for supporting the software industry. The fund in the special account can be rewarded to the staff members of the enterprises according to the amounts of their contributions.

The software enterprises that have entered the software park are entitled to: a 30% reduction of communications fees compared with that outside the park, and the government subsidies for rents for 3 years at the rate of 10-square-meter office area for each of managerial and development personnel.

Special fund for promoting software export is set up for export of software, market promotion and projects promotion.

To those enterprises that pass the certification of CMM rating 2 or above, the government will give a reward of 500,000 yuan in one lump sum.

(Zhuhai Government Document No. (2000) 113)

 For the residing post-doctoral research fellows, in addition to their entitlement to the treatments specified by the state and the province, the municipal financial department will allocate special grants to give an annual subsidy of 40,000 yuan per person.
(Zhu Zi No. (2000) 35)

On water use

Within the various zones of the Hi-Tech Park, the new installation capacity adding fee for water use is exempted, and the water price is reduced by 20% from the current price outside the zone.
(Zhuhai Government Document No. (2000) 21)

 For the price of industrial water use in the various science and technology industrial zones in the Hi-Tech Park, Free-Trade Zone and Harbor Industrial Zone, it is reduced by 20% on the current standards, i.e. it is reduced from 1.47 yuan/cubic meter to 1.18 yuan/cubic meter; the price of industrial water use in other areas is reduced from the current 1.47 yuan/cubic meter to 1.45 yuan/cubic meter.
(Zhuhai Municipal Government Office Document No. (1999) 123)