In line with the directives from the State Council and Beijing municipal government on further attracting foreign investments to improve the ability of the Beijing Economic-Technological Development Area (BDA) to facilitate the high-quality development of foreign-funded enterprises, to promote higher-standard opening up, this policy is hereby formulated.

Article 1 Encourage multinational companies to set up headquarters in the BDA. The foreign investors who establish regional and functional headquarters within the E-Town Cluster of the High-end Industries Area in the China (Beijing) Pilot Free-Trade Zone will receive an incentive of up to 3 million yuan ($412,575) and 2 million yuan, respectively. These incentives will be disbursed over a three-year period, with payments distributed as follows: 40 percent in the first year, 30 percent in the second year, and 30 percent in the third year.

For the aforementioned headquarters enterprises, those paying a total contracted foreign investment of $10 million or more within one year from the date of establishment, will be rewarded with 2.5 percent of the actual paid-in contracted foreign investment, with a maximum reward of 30 million yuan for each enterprise. For regional and functional headquarters established by Fortune Global 500 companies, the incentive rate can be increased by 0.5 percent, with a maximum reward of 100 million yuan.

Article 2 Support the development of foreign-funded enterprises in advanced manufacturing sectors. For newly established foreign enterprises in advanced manufacturing sector that aligns with the industrial development direction of Beijing E-Town and pay the actual contracted foreign investment of $10 million or above within one year since establishment, they will be rewarded with 2.5 percent of the actual paid-in contracted foreign investment. The reward for each enterprise should not exceed 30 million yuan.

Support the large-scale development of foreign-funded enterprises in advanced manufacturing sectors such as new-generation information technology, healthcare, new energy and intelligent vehicles, and smart manufacturing. For newly established foreign enterprises during the policy implementation period, one-time rewards will be provided for enterprises that achieve annual output values of 100 million yuan, 300 million yuan, 500 million yuan, and 1 billion yuan for the first time. The rewards are 1 million yuan, 3 million yuan, 5 million yuan, and 10 million yuan, respectively. When a higher level standard is reached, a difference from the previous level will be rewarded.

Article 3 Support foreign-funded enterprises for participating in the construction of an internationalized service environment. To support the establishment and development of foreign-funded enterprises in the service industry (excluding real estate projects), foreign enterprises paying a contracted foreign investment of $2 million (inclusive) to $5 million, $5 million (inclusive) to $10 million, or over $10 million (inclusive) within one year of their establishment will receive one-time rewards of 400,000 yuan, 800,000 yuan, and 1.5 million yuan, respectively.

Support foreign-funded enterprises in the productive services industry, such as research and development, design, financial services, modern logistics, supply chain management, and information services. For newly established foreign-funded enterprises within the policy implementation period, those with annual revenue exceeding 100 million yuan or 300 million yuan for the first time will receive a one-time reward of 1 million yuan or 3 million yuan, respectively. When a higher level standard is reached, a difference from the previous level will be rewarded.

Support foreign-funded enterprises in lifestyle service sectors, including legal services, consulting, medical care, healthcare, elderly care, child care, tourism, and housekeeping. For newly established foreign-funded enterprises within the policy implementation period, those with annual revenue exceeding 30 million yuan or 50 million yuan for the first time will receive a one-time reward of 500,000 yuan and 1 million yuan respectively. When a higher level standard is reached, a difference from the previous level will be rewarded.

Article 4 Support the upgrading and expansion of existing foreign-funded enterprises. For foreign investors who increase their investment or use enterprise profits, capital reserve funds, and other methods to increase the registered capital in investment projects (excluding real estate projects), with an annual actual paid-in foreign investment of 100 million yuan (or $15 million) or more, a reward of 1.5 percent of the actual paid-in foreign investment for that year will be granted, with each enterprise eligible for up to a maximum of 20 million yuan.

Article 5 Support the establishment of foreign-funded research and development (R&D) centers. For foreign-funded R&D centers recognized by the municipal industry regulatory departments, a recognition award of 2 million yuan will be granted, which will be disbursed over a three-year period at the ratios of 40 percent, 30 percent and 30 percent. If the R&D center is authorized by the parent company as the global R&D center of a multinational enterprise, and the cumulative R&D investment is not less than $10 million, with the previous year's R&D spending accounting for no less than 10 percent of the parent company's global R&D spending, an additional recognition award of 3 million yuan will be granted, which will be paid over three years at the ratios of 40 percent, 30 percent, and 30 percent.

Article 6 Support international talents in engaging in innovation and start businesses. For foreign individuals and teams, who establish foreign-funded enterprises aligning with the industrial development direction of Beijing E-Town, if the value of contracted foreign investment paid within one year from the date of establishment is no less than $1 million and the  shareholding ratio of foreign individuals and teams is no less than 30 percent, a 50 percent subsidy of office rent will be provided for three consecutive years. The maximum subsidy area shall not exceed 2,000 square meters, and the unit price of the subsidy shall not be higher than 1.5 yuan per square meter per day.

Article 7 Support the construction of internationalized industrial parks that can accommodate and serve foreign enterprises. Those with a clear industrial orientation and meet the criteria of internationalized industrial parks, will be provided with support in terms of administrative examination and approval, government services and access to relevant resources.

Those internationalized industrial parks that upgrade the supporting facilities to meet international enterprises' office，production and livelihood needs and invest more than 5 million yuan in relevant fixed assets (excluding land purchase fees), can receive a one-time subsidy of 5 percent of their fixed asset investment, and the total amount can reach up to 2 million yuan.

The industrial parks that have cumulatively attracted foreign-funded enterprises with a total paid-in contracted foreign investment of $10 million or more in the current year (excluding enterprises that have already received rewards for paid-in contracted foreign investment), the main operators of these parks may receive an annual reward equivalent to 1 percent of the total paid-in contracted foreign investment, with a maximum annual reward not exceeding 5 million yuan.

Article 8 Strengthen the development of full lifecycle services for foreign-funded enterprises. Establish the "Two Zones" construction service window to provide government services throughout the entire lifecycle of foreign-funded enterprises. Pursue simplified government approval procedures and provide one-stop services for enterprises around the entire process of contract signing, construction, and operation. A comprehensive consulting counter window will be established to provide foreign-related consulting services, including international trade rules, origin certification, and overseas intellectual property assistance. A green channel collecting foreign-funded enterprises' demands, a 24/7 hotline and online feedback channel will be introduced to provide timely responses. Explore inclusive, prudent and comprehensive regulation, establish a credit rating system, and realize that enterprises are undisturbed when there are no issues and are responded to promptly when concerns arise.

Article 9 Provide "one-stop" services for international talents. Focusing on the practical needs of international talents, the BDA integrates such services as high-level talents recognition and visa matters, and pilots a "multi-certificate integrated services" framework (including work permits, residence permits, medical insurance, and social insurance), providing "one-stop" services for international talents.

Leverage platforms such as the "E-Town Enterprise Service Port", the processing of residence permits, work permits, business establishments, and social insurance can be extended to the grassroots level, such as industrial parks and communities. A new "1+N" overseas high-end talent service model, led by BDA's International Talent Service Hall, will be developed to provide high-quality and diversified "zero-distance" services for international talents.

This policy applies to foreign-funded enterprises or institutions that carry out business registration, tax registration, and statistical registration within the 225 square kilometers of Beijing E-Town, with certain exceptions as specifically indicated in individual provisions.

Foreign-funded enterprises mentioned in this document refer to the enterprises that are directly invested by foreign investors (including those from the Hong Kong and Macao special administrative regions, and Taiwan), whether individually or in collaboration with other investors.

Enterprises should have no significant administrative penalties or criminal records in the past three years and should not be listed as seriously illegal and dishonest entities. Enterprises falling under the "prohibited" or "restricted" categories in the Catalogue of Prohibitions and Restrictions on New Industries in Beijing will not receive any support.

Relevant supporting policies introduced by the national government, Beijing municipality, and the BDA or related policies outlined in the BDA's entry agreement (economic development agreement), the principle of "prioritizing the higher-level policy and avoid duplication" should be observed.

Article 1, paragraph 1; article 5; article 6; and article 7, paragraph 3 are not linked to the economic development contribution of that year. The total amount of policy support based on other clauses should not exceed 50 percent of BDA's disposable portion of the local-level revenue from enterprises in the current year. Key foreign investment projects will receive support on a case-by-case basis.

The total amount of paid-in contracted foreign investment will be based on the data reported to the Ministry of Commerce. The amount of policy fulfillment will be based on the feedback data from the Ministry of Commerce, and the foreign exchange rate on the actual date of receipt is used as the conversion basis.

This policy is valid for three years and will be in effect upon promulgation. During the implementation period, if relevant national or Beijing municipal policies are adjusted, this policy will be adjusted accordingly.

The Beijing E-Town Administrative Committee is responsible for interpreting this policy.