Up to 100 Million Yuan! Jinan Released Supporting Policy for New Energy and Material Industries

PVTIME – Recently, Jinan new and old kinetic energy conversion start-up zone officially released policy on promoting enterprise development. The policy formulated 20 detailed support terms in four aspects: increasing enterprise recruitment, accelerating the growth of high-quality enterprises, encouraging innovative and ecological industries and boosting financial support.

The supporting policy focuses on enterprises in the fields of new generation information technology, high-end equipment manufacturing, new energy and new materials, and modern service industries. The  investment award will be up to 100 million yuan, and the highest award for the establishment of the world’s top 500 national headquarters is 50 million yuan.

Once a award accepted, the enterprise shall not change its tax liability in the start-up zone or reduce the registered capital within 10 years. If the company violates the above regulations, it shall return the bonus funds, and the relevant tax-related expenditures shall be borne by the enterprise or individual.