Every region in China, including Beijing, has government run investment promotion authorities that promote trade and foreign investment in the Beijing region. While the Ministry of Commerce of the People’s Republic of China (also known as MOFCOM) has authority for investment in greater China, it can be very helpful to reach out to similar agencies at the local and provincial levels as these organizations possess intimate local market knowledge. Many regional authorities will also offer additional incentives to foreign companies looking to invest in specific industries.
Beijing, in addition to being China’s capitol, is basically equal to a province, possessing its own “provincial government.”
|Type||Agency Name & Link|
|Municipal||Beijing Investment Promotion Bureau|
|National||Ministry of Commerce of the People’s Republic of China (MOFCOM)|
|Municipal||Beijing Municipal Bureau of Commerce|
|Beijing Investment Incentives|
|Research and Development Enterprise||City||The Beijing City Government offers significant subsidies for R&D including import of equipment for R&D and the transfer of technology.|
|Executives and Senior Talent||City||As an incentive to attract executives and senior talents of foreign enterprises, the Beijing City Government offers tax rebates on income and purchase of residential property.|
Important Note: Many incentives must be repaid at the provincial and/or city level in the event that the company leaves the region. National incentives are not typically subject to these restrictions.
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