Drafting Situation and Report Interpretation of "Implementation Opinions of Investment Promotion and Optimization Action in Liaocheng City" and "Incentive Measures for Social Investment Promotion in Liaocheng City (Trial Implementation)"

Date: October 20, 2022

Implementation Opinions of Investment Promotion and Optimization Action in Liaocheng City

一、 Document Drafting Background

After a group of the Municipal Bureau of Commerce and Investment Promotion went out to study and investigate investment promotion, based on the actual situation of Liaocheng's investment promotion work, in-depth analysis and research in various aspects, further clarified the objectives, put forward targeted measures, and drafted the Implementation Opinions and Incentive Measures. During the drafting process, the deputy mayor in charge held a special meeting to study and determine the contents of the document, and successively solicited the opinions and suggestions of the relevant departments and completed the countersignature, which passed the legitimacy review of the Bureau of Justice.

二、 Work Objectives

According to Liaocheng's "14th Five-Year Plan" economic development goal, on the basis of the annual goal of attracting 42 billion RMB of capital this year, we have formulated a plan to implement the "2000+" action goal of attracting investment, that is, through the continuous improvement of investment in the next four years, maintain an annual growth rate of 15%, and attract more than 200 billion RMB of capital by the end of the "14th Five-Year Plan".

三、 Promotion Measures

It has defined the "six major tasks" of key attraction objectives, strengthened the attraction of major projects, innovated precise investment attraction methods, built an industrial development platform, improved the all-round investment attraction network, and built a professional investment attraction team to focus on tackling the key problems. Five mechanisms have been formulated to implement the top-notch investment promotion mechanism, the project tracking and promotion mechanism, the notification and supervision mechanism, the evaluation and incentive mechanism, and the regular centralized signing mechanism. Implement three safeguard measures: strengthening overall planning and guidance, strengthening management services, and strengthening publicity and guidance.

Incentive Measures for Social Investment Promotion in Liaocheng City (Trial Implementation)

一、 Policy Basis

According to the article 24 in the "Notice of the Shandong Provincial People's Government on Printing and Distributing Several Policies to Support the High-quality Development of the Real Economy" (Document issued by Shandong Provincial Government [2018] No. 21): Rewards for major projects of investment promotion will be implemented. For major projects newly introduced after October 1, 2018, cities can combine the actual situation to reward investment promotion teams or individuals. The project award standards in the Reward Measures are formulated with reference to this document.

二、 Definition of Referrer

It refers to the first one (legal person and natural person of enterprises, social organizations, etc.) to introduce non-native investors to our city for investigation and play a substantive role in the project negotiation (excluding the staff of state organs and institutions, project investors, project investment stakeholders and other units and individuals that do not apply the investment promotion incentive policy).

三、 Project Identification Scope and Standard

New manufacturing projects invested by non-native legal persons or natural persons in Liaocheng and in line with the national industrial policies, as well as new projects invested by non-native specialized new "small giant" enterprises, national manufacturing single champion enterprises or national high-tech enterprises.

The investment scale of fixed assets in general projects must reach 100 million RMB or more, and the investment outside the city accounts for 50% or more. For projects invested by specializedl new "small giant" enterprises, national manufacturing single champions and national high-tech enterprises, the investment scale of fixed assets must reach 10 million RMB or more.

四、 Reward Standard for Referrer

Rewards will be given according to a certain proportion of the total fixed assets formed by foreign investment in the project. Projects with investment of 10 million RMB or more but less than 100 million RMB by specialized and special new "small giant" enterprises, national manufacturing single champion enterprises and high-tech enterprises will be rewarded according to 1‰ of fixed asset investment, with a maximum of 50000 RMB; Projects with an investment of 100 million RMB or more but less than 3 billion RMB will be rewarded at 0.5‰ of the fixed asset investment, with a maximum of 1 million RMB; Projects with an investment of 3 billion RMB or more but less than 5 billion RMB will be rewarded at 0.6‰ of the fixed asset investment, with a maximum of 3 million RMB; Projects with an investment of 5 billion RMB or more will be rewarded according to 0.7‰ of the fixed asset investment, or the amount of the reward will be determined by means of "one matter one discussion". The maximum reward will not exceed 5 million RMB.

The project must be completed and put into operation when the referrer applies for the award, and a project can only be awarded once. The funds in place outside the contract period of the project and the capital increase outside the contract are not included in the scope of incentives.

五、 Source of Incentive Funds

The introduction incentive funds shall be shared by the municipal and county governments in accordance with the tax sharing ratio.

六、 Reward Cashing Procedure

The project review team is set up under the municipal leading group of "attracting investment and talents", which is composed of the Municipal Development and Reform Commission, the Bureau of Science and Technology, the Bureau of Industry and Information Technology, the Bureau of Finance, the Bureau of Statistics, the Audit Bureau, the local financial supervision bureau and other departments.

The application process is divided into six steps: filing, application, review, double-check, approval, and fund allocation. The county and city where the project is located shall be responsible for filing, application and review; The project review team is responsible for double-check; After the project review team has reviewed and publicized the situation of referrer and the project, it will be reported to the municipal government for approval, and finally be disbursed and cashed by the financial department.

七、 Reward Cashing Principle

If the same project or the same matter is in line with other municipal support policies, it will be supported according to the principle of high and no repetition.

八、 Interpretation Institution and Consultation

Interpretation Institution: Liaocheng Municipal Bureau of Commerce and Investment Promotion

Contact Person: Wang Lei

Tel: 0635 8212011