Every region in China, including the Pudong New Area, has government run investment promotion authorities that promote trade and foreign investment in the Pudong 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.
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.
|Type||Agency Name & Link|
|National||Ministry of Commerce of the People’s Republic of China (MOFCOM)|
|Municipal||Government of New Pudong – Pudong Business|
|Pudong New Area Investment Incentives|
|Manufacturing Enterprise||National||As an incentive to draw more foreign enterprises to Pudong, the Chinese National Government offers tax subsidies specifically for manufacturing enterprises.|
|High Tech Enterprise||National||The Chinese National Government offers tax subsidies for foreign enterprises engaging in high tech projects within Pudong.|
|Export Enterprise||National||The Chinese National Government offers significant tax subsidies for export enterprises, based in Pudong.|
|Financial Enterprise||National||As an incentive to draw more foreign financial enterprises to Pudong, the Chinese National Government offers tax subsidies for foreign invested banks or branches of multi-national banks with registered capital exceeding USD 10 million.|
|Foreign Investors||National||As an incentive to increase foreign investment in Pudong, the Chinese National Government offers property tax subsidies on houses bought by foreign investors.|
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