Law & Policy

Zhongguancun Supports Medium- And Small-Enterprises In Tech Sector

Yesterday, the Zhongguancun Haidian High-Tech Zone Management Commission issued 20 preferential clauses in support of medium and small enterprises and reserved CNY100 Million for direct support.

Among the 20 clauses, 15 are concerned with direct funds support to enterprises. Outstanding personnel who have made extraordinary contributions to the country will receive CNY 300000 if they choose to start up businesses in Zhongguancun. In addition, the government will give a maximum of 50% subsidy to enterprises engaged in management consultancy, as well as offering other policies such as business loans and the like.

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