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Policy Interpretation

Brief Introduction of Ningbo Industrial Policies

Release Date:2019-05-13 00:00:00Clicks:3063

Ningbo is committed to establish the Industrial System of “3511” through the promotion of Eight Main Industries and the achievement of a new group of 100 billion-level industries and industrial clusters.

“3315” Industrial System

Eight sub-industries

3 Strategies to Lead Industries

New Material, Advanced Equipment, New Generation of Information Technology

Rare Earth Magnetic Material, Advanced Metal Alloy Material, Graphene, Special Equipment, Key Basic Parts, Optical Electron, Integrated Circuit, Industrial IoT

5 Main Advantage Industries

Automotive Manufacturing, Clean Petrochemical, Textile and Garment, House-hold Appliance, Clean Energy

1 Batch of Emerging Industries

E.g.: bio-pharmaceutical, Advanced Marine Technology, Energy Saving and Environment Protection, etc.

1 Batch of Service Industries

E.g.: Industrial Innovative Design, Software Technology Service, Scientific Service, Inspection and Examination, etc.

Summary of Policies

Category

Purpose

Content

Investment Encourage Policies

Encourage new major industrial projects

For a major industrial project with an investment scale of more than 100 million yuan (including) belonging to "3511" industries, it will be subsidized by 10% of actual investment (referring only to equipment, technology and software investment, the same below) as allowance. Among them: the highest subsidy for integrated circuit industry and intelligent equipment industry projects will be 50 million yuan, the highest subsidy for other projects in eight sub-industries will be 30 million yuan, and the highest subsidy for other projects is 20 million yuan. According to the start-up and completion of the project, 30% and 70% of the total subsidy will be granted respectively. Within two consecutive years from the next year when the project is completed and put into operation, 60% of the additional part at the municipal level will be rewarded according to the company’s actual contribution to local finance (VAT and enterprise income tax only, the same below).

Encourage importing large enterprises

The headquarters, regional centers and other particularly large enterprises established by enterprises belonging to the "3511" industries, the newly introduced Fortune 500 of the world, the Fortune 500 in China's manufacturing industry, the Top 100 in China's internet industry and the state-owned enterprises will be given comprehensive support policies of "1 Project, 1 Discussion".

Scientific Research
Innovation Policies

Implement the Innovation Capability Project of manufacturing industry

Build high-level manufacturing industry technology research institutes. If the investment scale is more than 50 million yuan, in which the investment of instruments and equipment accounts for more than 60% and districts and counties (cities) have already invested funds to support it, the municipal finance will grant subsidies of not more than 20% and 30% respectively, and up to 30 million yuan, according to their investment in scientific research infrastructure (excluding land purchase) and R&D instruments and equipment. For particularly important industrial technology research institutes, they will be supported by the "1 Project, 1 Discussion" method. For those who have been awarded the National Key Laboratory or the National Engineering and Technology Research Center, awards of up to 30 million yuan will be given. For those who have been recognized as the technical centers of enterprises at some level or the research institutes of key enterprises (design institutes), subsidies of up to 6 million yuan will be given.

Promote technological breakthroughs in the industry. Ningbo will increase its support for the transformation of scientific and technological achievements, allocate 200 million yuan annually to implement major scientific and technological projects of "Innovation 2025" in the city, focus on supporting smart chips and basic software, high-end CNC machine tools and industrial robots, intelligent information facilities and products, marine new materials, high-end metal materials, advanced carbon materials, high-end fine chemicals, key basic components, new magnetic materials and components, clean energy equipment, high-performance diagnostic and treatment equipment, new energy vehicles and other 12 major scientific and technological projects, give priority support for the transformation of major scientific and technological achievements to the ground. In accordance with the way of step-by-step implementation and rolling support, a number of major scientific and technological R&D and result transformation projects will be launched and implemented, and individual scientific and technological projects will be subsidized by no more than 30% and up to 10 million yuan according to their scientific and technological input.

Support the development of industrial innovative design. Encourage deep cooperation between industrial innovative design enterprises and manufacturing enterprises, support the introduction and cultivation of internet-based crowdsourcing design and intermediary service organizatrions, enhance the level of "Hefeng Award" Industrial Design Competition, and promote industrial innovative design products. Encourage industrial innovative design enterprises and individuals to actively participate in well-known industrial design competitions, awards and other activities, and give certain subsidies and awards.

Support the Innovation and Development of Small and Micro Enterprises

Every year, 80 million yuan will be allocated for municipal shared workspace, businesses and innovate bases of small and micro enterprises, technology business incubators, business and trade enterprise agglomeration areas, e-commerce industry parks, college students (overseas students) start-ups and other small and micro enterprises to start businesses and innovations. The subsidy will be granted according to the use area of small and micro enterprises, the number of small and micro enterprises and start-ups, the input to improve service capacity, the rent reduction and exemption quota, etc. A prize of not more than 2 million yuan will be given to the space carrier which has newly been recognized as the national model (excellent).

For the small and micro-enterprise which achieves a certain scale for the first time, each will be awarded 20,000 yuan at one time. For those small and medium-sized high-growth technology-oriented enterprises in Zhejiang Province, subsidies of up to 50,000 yuan will be granted. For the innovative entrepreneurs characterized by "new format and new model", a one-time reward of 100,000 yuan will be given in combination with the growth and innovation of the enterprises.

Encourage enterprises to increase investment in Industrial Technology Revolution

For the projects of "3511" key industrial technological revolution with an investment scale of more than 10 million yuan (including), a subsidy will be awarded and compensated according to the actual input after the project is completed and put into operation. Among them: integrated circuit and intelligent equipment industry projects will be subsidized not more than 20% and up to 30 million yuan according to actual investment; other projects and intelligent manufacturing projects in the eight sub-industries, and industrial strong foundation projects will be subsidized not more than 10% and up to 20 million yuan in accordance with actual investment; and other projects will be subsidized not more than 8% and up to 10 million yuan in accordance with actual investment. For projects included in the 100 billion-grade leading cultivation enterprises, industry backbone cultivation enterprises, high-growth cultivation enterprises and individual champion cultivation enterprises, 30% and 70% of the total subsidies will be granted respectively according to the start-up and completion stages of the project. Within two years from the next year when the project is completed and put into operation, 60% of the newly added part at the municipal level will be awarded, with a maximum of not more than 10 million yuan, according to the company’s actual contribution to the local finance.

Implement Intelligent Manufacturing Project

Encourage enterprises to implement intelligent transformation. Subsidies of not more than 20% and up to 30 million yuan will be given to pilot enterprises of automation (intellectualization) equipment renovation, municipal intelligent chemical plants and digital workshop projects in accordance with their actual investment. Within two consecutive years from the next year when the project is completed and put into operation, enterprises will be rewarded with 60% of the added VAT and income tax at the municipal level.

Encourage the promotion and application of the first (set) of intelligent equipment products. Rewards of 1 million yuan and 500,000 yuan will be given respectively for the first (set) equipment products in China and in Zhejiang Province. Ningbo supports insurance institutions to set up professional insurance categories for the first (set) equipment products independently developed and manufactured in Ningbo. For the first (set) complete equipment, 80% of the first year's insurance premium will be subsidized; for the first (set) components and robots, 80% of the premium for the first 50 sets in the first year will be subsidized. The maximum allowance shall not exceed 5 million yuan. If an enterprise purchases or leases the intelligent equipment products of the key superior enterprises in Ningbo through financing, its purchasing and financing leasing costs shall be doubled as actual investment, and subsidies will be given according to the proportion determined by the type and nature of the project.

Encourage the development of intelligent manufacturing engineering service institutions. If the annual engineering and information service income (including software and hardware engineering package service, system solution design service, hardware system integration service, software system development service, etc. ) of an intelligent manufacturing engineering service company or an industrial software enterprise reaches more than 5 million yuan for the first time, a subsidy of 10% and up to 2 million yuan will be given according to the income. Rewards of 1 million yuan and 2 million yuan will be given to those who have annual income of 50 million yuan and over 100 million yuan.

Talent Policies

Implement Talent Promotion Project in Manufacturing Industry

  • Encourage the introduction of high-level talents in manufacturing industry. The talent teams selected for the "3315 Plan" and "Pan 3315 Plan" will be subsidized by 500,000 yuan to 20 million yuan, and the major projects led by the newly introduced top talents at home and abroad will be subsidized by up to 100 million yuan.
  • For the experts of "Thousand-Person Plan" at the national and provincial levels, "3315 Plan" talents and team leaders who buy a house/apartment in Ningbo, 500,000 yuan and 300,000 yuan of subsidies will be granted respectively.
  • A highest award of 2 million yuan will be given to manufacturing talents who have been independently trained to be excellent talents and above in Ningbo.
  • Support enterprises to introduce "overseas engineers" and grant them salary allowances of up to 100,000 to 300,000 yuan per person.

 

Land Policies

Promote the Optimal Allocation of Land Resources

For the project land included in the "3511" industrial system of Ningbo, the base price of land transfer can be determined at 80% of the standard land price. Among them, the base price of project land belonging to eight sub-industries can be determined no less than the minimum price standard of open land transfer in Zhejiang Province. At the same time, for those which meet the conditions of intensive land use, the base price of land transfer can be determined at 70% of the minimum price standard of open land transfer in Zhejiang Province.

The standard land price (rough price) of industrial land in Ningbo is from 450 yuan/m2 to 2139 yuan/m2 according to the land grade from Grade 8 to Grade 1.

Preferential Tax Policies

Depend on specific policies of the districts and counties under Ningbo
(Here take Ningbo High-tech Zone and Hangzhou Bay New Zone as examples)

High-tech Zone: For new materials, intelligent manufacturing and life and health industrial enterprises which are independent legal entities in non-purchasing areas, within three years from the year of operation, those who pay annual taxes of 500,000 yuan (including) or more will be rewarded by 50% of its financial contribution to the district; the service enterprises who pay annual taxes between 300,000 yuan (including) to 1 million yuan will be rewarded by 55% of its financial contribution to the district; those who pay annual taxes between 1 million yuan (including) to 3 million yuan will be rewarded by 60% of its financial contribution to the district; those who pay annual taxes between 3 million yuan (including) to 10 million yuan will be rewarded by 70% of its financial contribution to the district; and those who pay annual taxes over 10 million yuan (including), the authority agrees that the reward will be given in the amount of 80% of the local contribution.

Hangzhou Bay New Zone: In the first two years, 80% of its finance contribution to the local will be returned to the enterprise; in the next three years, 50% of its financial contribution to the local will be returned to the enterprises. (Personal Income Tax preferences of Headquarters’ Executives) In the firstthree years after the establishment of a headquarter, 100% of the local financial contribution made by the personal income of the deputy and above senior managers (limited to 5 persons) can be included in the Headquarters Enterprise Development Fund, which is dedicated to their personal continuing education, spouse employment assistance, children's education, medical treatment and so on.

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