Page 82 - AmCham South China 2026 Special Report on the State of Business in South China

facilitate visas, accommodation, transportation, loans can reach RMB200 billion annually, with
shopping, telecommunication and health care individual enterprises eligible for subsidies of up
services for visitors. to RMB20 million per year. Each loan contract
may enjoy subsidies for a period of up to one year
? Guangdong also aims to actively develop during the policy implementation term.
education, health care, tourism and exhibitions
markets with a global outlook. ? To accelerate project implementation, the
new measures require guaranteed land availability
Several Measures for Guangdong Prov- for major advanced manufacturing projects and
ince to Further Stimulate the Vitality of the streamlined issuance of three key permits
Market Entities and Accelerate the Con- ? land use planning, construction engineering
struction of a Modern Industrial System 19 planning and state-owned land use rights ?
enabling ¡°construction upon land acquisition¡±.
In May 2025, Guangdong government unveiled Environmental assessment procedures will be
12 new measures to inject fresh development simplified, with strengthened coordination between
momentum into the province¡¯s more than 19 Planning Environmental Impact Assessment and
million market entities. Environmental Impact Assessment.

? The initiative emphasizes early-stage ? Building on last year¡¯s incentives for foreign
investment, support for small enterprises, investment, the measures introduce additional
future-oriented industries and hard technology. rewards for regional headquarters of multinational
Guangdong will establish an industrial fund corporations. A one-time reward of up to RMB8
exceeding RMB1 trillion and enhance rewards million will be granted to multinational company
for regional headquarters and foreign-invested headquarters that are recognized as the China
R&D centers of multinational companies, with regional, Asia-Pacific, or global business division
incentives reaching up to RMB13 million and headquarters. When combined with existing
RMB6 million, respectively. incentives, eligible headquarters may receive up
to RMB13 million. Meanwhile, certified foreign-
? The first of the measures directly funded R&D centers will be eligible for up to RMB1
targets the cultivation of new quality productive million in support, with an additional grant of up
forces. It outlines plans to compile industrial to RMB5 million for global R&D centers, reaching a
investment maps for 12 key sectors, including total possible subsidy of RMB6 million.
integrated circuits, AI, robotics, autonomous
driving, the low-altitude economy, biomedicine, Implementation Scheme for Promot-
quantum technology, commercial aviation, new ing Industrial Effective Investment in
energy storage, new energy vehicles (NEVs), the Guangdong Province (2025-2027) 20
digital economy and modern marine ranching.
Guangdong will also build a database of leading To accelerate the expansion of effective industrial
enterprises and top-tier talent to enable precision- investment, advance new industrialization and
driven investment promotion. foster the development of new productive forces,
the Guangdong government issue a new scheme
? To address the financing challenges in August 2025. The plan proposes several
faced by enterprises, the province will adopt a key measures, including establishing a strong
combined approach of fiscal interest subsidies investment promotion mechanism, continuously
and government guarantees. For qualified expanding advantageous industry investment,
manufacturing and high-tech enterprises, seizing new-track investment hotspots, accelerating
Guangdong will provide subsidies of up to 35% of breakthroughs in key projects, promoting the
the bank loan interest rate, an increase from the industrialization of innovation achievements,
previous 20%?30%. The total scale of subsidized improving industrial governance levels, building
19 Government site of Guangdong, https://www.gd.gov. 20 Government site of Guangdong, https://www.
cn/zwgk/wjk/qbwj/yfb/content/post_4705347.html gd.gov.cn/gdywdt/tzfw/tzzc/content/post_4766842.html

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