Supportive policies for headquarters economy in Qingpu
In a strategic move to bolster its headquarters economy, Shanghai's Qingpu district has unveiled a range of dynamic policies — aimed at driving its economic development and attracting businesses to the flourishing hub.
Start-up support
| Maximum Amount for a Single Item |
Eligibility, Support Methods and Criteria |
Phone |
| Up to 5 million yuan |
1. For regional HQs of multinational corporations set up in the form of investment companies, provide 5 million yuan in support for their establishment. 2. For regional HQs of MNCs established in the form of management HQs, provide 2 million yuan in support for their establishment. Disbursed over a three-year period, starting from the calendar year following the year of identification, at a ratio of 40%, 30%, and 30%. |
021-6971-6509 |
| Up to 3 million yuan |
For regional HQs of MNCs in Asia, the Asia-Pacific region or a larger area, or the upgrade of existing regional HQs of MNCs to regional HQs in Asia, the Asia-Pacific region or a larger area, offer one-time, high-level support of 3 million yuan – disbursed over three years starting from the year following the recognition year, with successive installments of 40%, 30%, and 30%. |
021-6971-6509 |
| Up to 1 million yuan |
1. For HQ-type institutions of MNCs, provide 1 million yuan in start-up support. 2. For the upgrade of HQ-type institutions of MNCs to regional HQs, offer upgrade support based on regional HQs standards. Disburse grants over three years starting from the year following the recognition year, with successive installments of 40%, 30%, 30%. |
021-6971-6509 |
| Up to 1 million yuan |
For foreign-funded R&D centers and open innovation platforms, provide 1 million yuan in start-up support, disbursed over three years, starting from the year following the recognition year, with successive installments of 40%, 30%, 30%. |
021-6971-6509 |
| Up to 3 million yuan |
For trade-oriented headquarters newly introduced to, recognized by and settled in the district, offer 3 million yuan in start-up support, disbursed over three years starting from the year following the recognition year, with successive installments of 40%, 30%, 30%. |
021-6972-1419
|
| Up to 1 million yuan |
For professional institutional HQs newly introduced to, recognized by and settled in the district, namely, international organizations, national industry associations and provincial-level industry associations, offer start-up support of 1 million yuan, 500,000 yuan and 200,000 yuan respectively. Disburse grants over three years starting from the year following the fulfillment of the organization's commitments, with successive installments of 40%, 30%, 30%. |
021-5973-2890 Ext 19228 |
Support for building, purchasing, or renting office spaces
| Maximum Amount for a Single Item |
Eligibility, Support Methods and Criteria |
Phone |
| — |
1. For HQs newly constructing or purchasing office spaces for their own use in the district, after district approval, provide a subsidy of 10% of total price of construction or purchase. 2. For HQs newly leasing office spaces for their own use in the district, when the space exceeds 500 square meters, with a lease term of five years or more, provide rental assistance for three consecutive years at 30% of recognized annual rent; for MNC (regional) HQs, extend support for three more years based on the municipal-level support. |
021-6971-6509 |
| Up to 6 million yuan |
1. For recognized MNC (regional) HQs, offer one-time construction or purchase subsidy not exceeding 6 million yuan after district approval. 2. For recognized MNC (regional) HQs leasing office spaces for their own use, provide rental assistance for six consecutive years: with rental assistance by reference to municipal standards for the first three years; for the subsequent three years, provide rental assistance at 30% of recognized annual rent, cumulatively not exceeding 3 million yuan. |
021-6971-6509 |
| Up to 1 million yuan |
For recognized HQ-type institutions of MNCs: offer one-time construction or purchase subsidy not exceeding 1 million yuan, or cumulative rental assistance not exceeding 1 million yuan. |
021-6971-6509 |
| Up to 1 million yuan |
For recognized foreign-funded R&D centers and open innovation platforms, provide one-time construction or purchase subsidy not exceeding 1 million yuan, or cumulative rental assistance not exceeding 1 million yuan. |
021-6971-6509 |
| Up to 3 million yuan |
For newly introduced and recognized trade-oriented HQs, offer one-time construction or purchase subsidy not exceeding 3 million yuan, or cumulative rental assistance not exceeding 3 million yuan. |
021-6972-1419 |
| Up to 1 million yuan |
For international organizations, national industry associations, provincial and municipal industry associations purchasing, building or leasing office spaces for their own use in the district, offer one-time construction or purchase subsidy not exceeding 1 million yuan, or cumulative rental assistance not exceeding 1 million yuan. |
021-5973-2890 Ext 19228
|
Operational support
| Maximum Amount for a Single Item |
Eligibility, Support Methods and Criteria |
Phone |
| Up to 5 million yuan
|
1. For MNC regional HQs achieving an annual turnover of 500 million yuan to less than 1 billion yuan, offer one-time reward of 5 million yuan. 2. For MNC regional HQs achieving an annual turnover of 1 billion yuan to less than 1.5 billion yuan, provide one-time reward of 3 million yuan. 3. For MNC regional HQs achieving an annual turnover of 1.5 billion yuan or more, offer a one-time reward of 2 million yuan. The above rewards shall be distributed over three years in proportions of 40%, 30% and 30%. |
021-5973-2890 Ext 19228 |
| Up to 5 million yuan
|
For trade-oriented HQs with main business activities in domestic wholesale and retail, in international trade in goods, in logistics and warehousing or international trade in services, and in platform-based transactions: provide one-time support of 5 million yuan, 3 million yuan, 2 million yuan and 1 million yuan respectively. |
021-6972-1419 |
Incentive for mergers and acquisitions
| Maximum Amount for a Single Item |
Eligibility, Support Methods and Criteria |
Phone |
| Up to 3 million yuan |
For expenses arising from HQs' mergers, acquisitions, reorganizations of domestic and overseas companies and equity integration due to internal development, offer cumulative support not exceeding 3 million yuan, based on 50% of the actual incurred expenses. |
021-5973-2890 Ext 19228 |
Other support
| Type |
Eligibility, Support Methods and Criteria |
Phone |
| Incentive for talent |
1. Senior management talent, professional technical talent and other outstanding talent introduced by HQ-category enterprises can enjoy relevant talent introduction policies of the municipality as stipulated. 2. Talent of HQ-category enterprises can benefit from corresponding incentive policies for talent according to talent support policies of the district. |
021-5973-2890 Ext 19228
|
| Customs clearance facilitation |
For qualified projects in the HQ economy category, provide tailor-made customs clearance facilitation for import and export goods. |
021-5973-2890 Ext 19228 |
| Trading and displaying |
For qualified projects in the HQ economy category, offer trading and displaying functionality to optimize trading channels. |
021-5973-2890 Ext 19228 |
| Talent apartments
|
For certified enterprises in the HQ economy category: grant priority access to talent apartments in accordance with the Implementation Measures for the Supply of Talent Apartments in Qingpu District (Trial). |
021-5973-2890 Ext 19228 |
| Medical services |
Senior management of certified HQ economy enterprises are eligible for priority medical services at Zhongshan Hospital (Qingpu Branch). |
021-5973-2890 Ext 19228 |
Source: Qingpu district government
Note: The above content is for reference only. The official Chinese document shall prevail.