1Several Items of Foreign Investment
Promotion in Nanjing

Opening up new sectors such as service, finance and automobile for foreign investments.

More favorable investment policies in the free trade zone.

Assistance of foreign-funded enterprises to solve common problems in employment, logistics, and capitals.

Rewards for new projects or capital increase from foreign investment.

More face-to-face communication mechanisms.

Reduce the marginal cost of international funds.

Visa optimization Policies.

Protection of the legitimate rights and interests of foreign investment, including strict enforcement of laws, continuity and stability of policies, fair competition review system, equal participation in standard setting and government procurement, intellectual property protection and supervision.

2About Startup

We support the development of start-up technology enterprises, all profits of the enterprises will be rewarded for their contribution to the city’s economic development within three years since the profit-making year.

3About IC/IP

Within the boundary of Nanjing’s Free Trade Zone, the core team will be rewarded USD 450,000, USD 770,000, and USD 1.5 million for the integrated circuit manufacturing enterprises whose annual operating income exceeds USD 150 million, USD 760 million, and USD 1.5 billion for the first time;

Design companies with revenues exceeding USD 7.7 billion for the first time, USD 15 million, USD 30 million, USD 77 million, and USD 150 million will be rewarded with USD 150,000, USD 300,000, USD 460,000, USD 770,000, and USD 1.2 million to the core team.

4About Software

Software companies with revenue exceeded USD 77 million, USD 460 million, USD 770 million and USD 1.5 billion for the first time are given specific rewards.

5International Flagship

For international enterprises which have opened their first stores and have registered an independent person in Nanjing and included it in the total retail sales of consumer goods, they will be rewarded a one-off cash return at 50%, 40%, 30%, and 20%, with a maximum amount of no more than USD 150,000 regarding the establishment of the first store in Asia (flagship store), the first store in China (Mainland) (flagship store), the first store in Eastern China, and the first store in Jiangsu.

6Tax Refund

Newly registered enterprises that are deemed to be in line with the development direction of the area’s leading industries will be rewarded for the remaining portion of the enterprise income tax that exceeds 15% of the payable income within five years from the date of establishment within the boundary of Nanjing’s free trade zone.

7Restriction Lifted

To further expand the fields of foreign investment. To promote and implement the pre-access national treatment plus negative list management system, relax foreign investment access in the service industry, manufacturing and other fields, relax foreign investment access and business scope restrictions in the financial and automobile manufacturing industries, and unify the scope of domestic and foreign construction enterprises to contract business. To expand the opening up of industries such as AFV, ship design, feeder and general aircraft maintenance, education, medical care, and value-added telecommunications.

8Merge&Equity

To promote the implementation of QFLP (Qualified Foreign Limited Partners) pilot projects in the Free Trade Zone of Nanjing, and allow foreign equity investment and venture capital management institutions to initiate and manage RMB equity investments and venture capital funds in the area. Foreign-invested enterprises are allowed to transfer or settle foreign exchange income from capital projects and use them for domestic equity investment, mergers and acquisitions, and other investment businesses in accordance with the law.

9Research&Development

To support domestic and foreign R&D institutions and well-known multinational companies to settle or set up R&D institutions in Nanjing. A maximum of USD 4.6 million will be rewarded.

10About Visa

To optimize foreigners' work and residence approval services in China. High-level talents of overseas who hold R type visa can apply for a residence permit for up to 5 years with a foreigner's work permit after entering China. They can also apply for a Nanjing Citizen Card (A card) to enjoy local citizen’s rights. Foreigners, their spouses, and underage children who meet the qualification standards for high-level foreign talents in Jiangsu Province can apply for permanent residence upon recommendation. The municipal review time should not exceed 20 working days.

11Miscellaneous

To simplify work and convenient channels for overseas talents who work set up entrepreneurship in Nanjing. To optimize the "Nanjing Talent Residence Permit" ("Nanjing Blue Card") to provide talent services in immigration, social security, and children's education. Within the Free Trade Zone, a more active policy for the introduction of foreign talents will be implemented on a pilot basis. Foreign talents who meet the requirements of scientific and technological innovation will be granted work permits for 2 years or more. The restrictions on professional talents will be relaxed to support foreign students in employment and entrepreneurship in the area. Work credit system for foreigners will be established on a pilot basis. Foreigners could hire high-quality credit management units, apply for work permits for high-end foreign talents, and adopt a commitment (post-replenishment) system for relevant materials. To support the establishment of a "one-stop" service center for overseas talents in the area to provide overseas talents with government services such as work permits, entry and exit, and social security, as well as social services such as law, business and entrepreneurship.