The first is the ecosystem environment. At present, Lingang Special Area has gathered a large number of domestic top companies in integrated circuits, artificial intelligence, biopharmaceuticals, aerospace, etc. As time goes by, more upstream and downstream companies will certainly be watching Lingang and coupled with a good industry-university-research ecosystem, it will bring new momentum to our future development.
The second is the industrial policy. The Lingang Special Area provides many support policies to technology enterprises, such as R&D subsidies and regional procurement subsidies, which provide practical and strong support for our development.
Enterprises that meet the relevant conditions will receive corresponding tax incentives:
Value-added tax reduction：0-30%
Corporate income tax relief：10-100%
Individual income tax relief ：0-30%
Business incubation financing:
Venture capital ：100,000 to 10 million
Equity investment ：500,000 to 50 million
Science and Technology Fund ：100,000 to 5 million
The third is the talent policy. The talent settlement and housing security policies introduced by Lingang has increased the attraction of talents. At present, Lingang has gathered many young talents. The new area of Lingang is helping young people to build a working and living atmosphere that they are willing to stay.
The fastest talent settlement policy
Optimal point discount system
Maximum housing subsidy policy
The fourth is industrial park services. As an industrial park, Lingang Innovation Center actively provides a series of investment and science and technology services for our business development, helping the company achieve a smooth landing.
On November 3, 2019, President Xi Jinping pointed out during an inspection in Shanghai that the Lingang Special Area of the Shanghai Pilot Free Trade Zone should carry out a deeper, broader, and more vigorous high-level approach to opening-up, and strive to become a destination for talents at home and abroad. Lingang Special Area should strive to be an important base for the development of international innovation and collaboration, an important hub for the coordinated development of onshore and offshore businesses, an important springboard for enterprises to go global, an important channel for better use of foreign and domestic markets and resources, and an important experimental field for participation in international economic governance. Lingang Special Area will innovate systems and mechanisms in a targeted manner, strengthen system construction, and improve economic quality.
Lingang Innovation Center is located in the core area of the main urban area of Shanghai Science and Technology Center and Lingang Special Area of the Shanghai Free Trade Zone. It enjoys the special policies of Lingang Special Area of the Free Trade Zone. It is an intelligent manufacturing center in the National Easter Tech-Transfer Center and the only “national technology business incubator” focusing on intelligent manufacturing in the Lingang area. It has been successively recognized as “Shanghai Technology Business Incubator” and “Shanghai Advanced Group of Incubation Services”, “Advanced Unit for Quality Work in Jiangsu, Zhejiang, Anhui, Jiangxi and Shanghai”, “Pudong New Area Mayor Quality Award Nomination Enterprise” and “Shanghai Emerging Incubator”, etc.