Huai’an China >Invest in Huai’an >Investment Policies
Subsidy Policies for Projects
Time:2006-03-21

 

All large-scale industrial projects registered in our city enjoy subsidies and should be rewarded. Those projects whose total investment amount from 50 million Yuan to 1000 million Yuan and its time limit is not beyond 2 years should be rewarded 100 thousand Yuan. Those projects whose total investment amount is above 1000 million Yuan take 100 thousand Yuan as a radix, once they are above 10 million Yuan, they should be rewarded 10 thousand Yuan, the most subsidy amount is 500 thousand Yuan, and all this should be made by current finical system. Account for contributing rewards of vital industrial projects are according to the local retained part of new-added income tax, which will do by from 8% to 10 % of annual local retained part of new-added income tax, the most rewards is 800 thousand Yuan appropriated by local finical departments.