Notice on Printing and Distributing "Several Policies and Measures for Strengthening Support for the Development of Private Investment in Shanghai"
Shanghai Development Reform Specification [2023] No. 6
The people's governments of all districts and relevant units:
In order to further improve the policy environment and step up efforts to boost the confidence of private investment and support the development of private investment, the Municipal Development and Reform Commission has formulated "Several Policies and Measures of Shanghai to Strengthen Support for the Development of Private Investment". With the consent of the municipal government, it is hereby issued to you, please implement it accordingly.
Shanghai Municipal Development and Reform Commission
May 25, 2023
Several policies and measures for Shanghai to increase efforts to support the development of private investment
Private investment is an important part of social investment, and private enterprises are the cultivators, builders, and sharers of Shanghai's accelerated construction of a socialist modern international metropolis with world influence. In order to effectively implement the "two unwavering", further improve the policy environment, increase efforts to support the development of private investment, serve to build a new development pattern, and promote high-quality development, this policy and measure is formulated in light of the actual situation of our city.
1. Create a fair market access environment
1. Implement a unified market access system. For fields not on the national market access negative list, support private enterprises to enter on an equal footing and invest in accordance with the law. All districts and departments promote the standardization and standardization of private investment services, compile service guidelines, refine service standards, and clarify the time limit for processing. The conditions for handling service items must not contain catch-all terms. In the Pudong New Area, the reform of the market entry system is implemented on a trial basis. By informing the market participants at one time of all the conditions and standards that must be met for engaging in specific industry licensing projects, the market participants make a written commitment that they have met the requirements and submit the necessary materials. license. (Responsible departments: Municipal Development and Reform Commission, Municipal Commerce Commission, Municipal Examination and Reform Office, municipal competent departments, and district governments)
2. Support private investment to participate in major projects. Establish and improve the major project release and important policy publicity and promotion mechanism, and encourage private capital to participate in the city's 102 major projects included in the national "14th Five-Year Plan" and Shanghai's "14th Five-Year Plan" major projects. Qualified private investment projects shall be included in the annual list of major engineering projects in the city on a rolling basis, and the Municipal Office of Major Projects shall be responsible for coordinating and promoting them. Support the combination of private investment and state-owned capital, and jointly participate in the investment and construction of major projects through joint ventures, equity transfers, capital increase and share expansion, etc. Private enterprises involved in the design, construction, supply of raw materials, facilities and equipment of major projects are treated equally in the bidding process, and hidden barriers are resolutely broken. (Responsible departments: Municipal Development and Reform Commission, Municipal Federation of Industry and Commerce, Municipal Housing and Urban-Rural Construction Management Committee, Municipal Major Office, Municipal State-owned Assets Supervision and Administration Commission)
3. Give full play to the guiding and leading role of government investment. In the field of government investment bidding, letters of guarantee (insurance) are fully implemented to replace cash deposits for bids, contract performance, and project quality. In the fields of enterprise investment such as bidding, contract performance, project quality and other deposits, the use of letters of guarantee shall not be refused. For government procurement projects that are included in departmental budget management, the budget department should coordinate and formulate a plan for the reserved procurement share for small and medium-sized enterprises in the budget preparation process, and continue the policy of gradually increasing the reserved share of government procurement projects for small and medium-sized enterprises to more than 40% until the end of 2023. (Responsible departments: Municipal Finance Bureau, Municipal Economic and Informatization Commission, Municipal Housing and Urban-Rural Construction Management Commission, Shanghai Banking and Insurance Regulatory Bureau)
2. Optimizing the private investment environment
4. Accelerate the preliminary work of private investment projects. Revise the approval and filing catalog of enterprise investment projects, and further decentralize the management authority of some fixed asset investment projects. Comprehensively promote the implementation of the land list system for social investment projects. For projects that have been included in the pilot project of the architect responsibility system and have been insured with the professional liability insurance of registered architects, the responsible architect has informed and promised that after the relevant approval requirements are met, the construction drawing review certificate will no longer be a precondition for the approval and issuance of construction project construction permits. Consolidate and improve the effectiveness of the reform of "integration of multiple measurements into one", comprehensively promote "pile foundation first", comprehensively promote "joint application and installation of water, electricity, electricity and network", promote one-stop processing of construction permits for private investment, apply for parallel approval at one time, and issue electronic licenses at one time . (Responsible departments: Municipal Development and Reform Commission, Municipal Planning and Resources Bureau, Municipal Housing and Urban-Rural Construction Management Committee)
5. Implement preferential tax and fee policies. Fully implement policies such as value-added tax reduction and exemption for small-scale taxpayers. In accordance with the requirements of relevant national policies, qualified enterprises in manufacturing and other industries will continue to be fully refunded the amount of value-added tax incremental tax credits on a monthly basis. From January 1, 2023 to December 31, 2024, the resource tax, urban maintenance and construction tax, property tax, and urban land use of small-scale taxpayers, small low-profit enterprises and individual industrial and commercial households will continue to be reduced and exempted at a rate of 50%. Tax, stamp duty (excluding stamp duty on securities transactions), cultivated land occupation tax, education surcharge, local education surcharge and other "six taxes and two fees". (Responsible departments: Municipal Finance Bureau, Municipal Taxation Bureau)
6. Reduce the cost of land for enterprises. Optimize the land market transaction link, cancel the on-site transaction link for the transfer of land that adopts directional listing and only one person signs up to participate in the auction, and private investment can directly electronically list transactions and confirm the bid. The land price for industrial use shall be subject to the bottom-line management principle. The minimum price of industrial land may be determined according to the lowest price standard for industrial land transfer in the country, and the minimum price of R&D land may be transferred according to the benchmark land price of R&D land in this city. If the land price at the expiration of the flexible term is in line with the national land space planning and industrial development planning, the renewal price can be determined through comprehensive evaluation according to the price agreed in the original transfer contract after collective decision-making. Support private capital to form funds, participate in the transformation and upgrading of existing industrial parks, and provide support for planning adjustments. Encourage stock industrial land to increase capacity and increase efficiency. According to planning and industry orientation, if private investment stock industrial and storage land is approved to increase the floor area ratio and increase underground space, no additional land price will be charged. (Responsible departments: Municipal Planning and Resources Bureau, Municipal Economic Information Commission)
7. Reduce the cost of municipal public access. Within the scope of urban planning and construction land, the investment interface of water supply, power supply and gas supply enterprises extends to the user's building zoning red line, and the user shall not bear the expenses incurred outside the building zoning red line. (Responsible departments: Municipal Development and Reform Commission, Municipal Economic Information Commission, Municipal Housing and Urban-Rural Construction Management Committee, Municipal Water Affairs Bureau)
8. Build a pro-Qing political and business relationship. Establish and improve a regular communication mechanism between the government and business, and leading cadres at all levels solve problems and do practical things for private enterprises through in-depth research and other methods. Improve and improve the government's trustworthy and promise-keeping mechanism. In the process of encouraging and attracting private investment projects to land, governments at all levels, relevant departments, and institutions must strictly implement policy commitments made in accordance with laws and regulations and various contracts concluded in accordance with the law. adjustment, government change, organization or function adjustment, and replacement of relevant responsible persons, etc. (Responsible departments: Municipal Federation of Industry and Commerce, municipal competent departments, and district governments)
9. Promote entrepreneurship. Encourage private enterprises in the field of construction and management to strive for advanced collectives and advanced individuals in the practical meritorious service competition of key projects in Shanghai, conduct regular selection of outstanding private enterprises and private entrepreneurs, and strengthen publicity on the advanced deeds and outstanding contributions of private enterprises participating in major projects in our city Reporting, creating a strong atmosphere to encourage private enterprise officers to start their own businesses and play a better role. (Responsible departments: Municipal Housing and Urban-Rural Construction Management Committee, Municipal Economic Information Technology Committee, Municipal Federation of Industry and Commerce)
3. Improving Private Investment and Financing Services
10. Strengthen the sharing and application of enterprise credit information. In the city's 41 major areas of law enforcement, the implementation of two batches of market entities to use special credit reports instead of proof of illegal records will further facilitate private enterprises' listing financing, bidding and other business activities. Optimize the functions and settings of financing and credit services of "All-in-one Internet Service" and "Suibid" financing and credit services, strengthen cooperation with banks and deepen the innovative pilot project of "joint modeling and whole-process lending", and help small, medium and micro enterprises to obtain financing services more conveniently and accurately. Promote the public credit information data chain project, optimize the enterprise credit information publicity system and the "Credit China (Shanghai)" online platform credit repair conclusion sharing and mutual recognition mechanism, promote market-oriented credit service agencies to update public credit repair conclusions simultaneously, and realize "one-time Application, synchronous repair". (Responsible departments: Municipal Development and Reform Commission, Municipal Economic and Informatization Commission, Municipal Judicial Bureau, Municipal Local Financial Supervision Bureau, Municipal Market Supervision Bureau, municipal competent departments, Municipal Big Data Center, Municipal Public Credit Information Service Center)
11. Broaden the financing channels of private enterprises. Give full play to the advantages of platforms such as the Shanghai Stock Exchange, actively carry out policy interpretation and publicity guidance, support qualified private investment projects in the fields of affordable rental housing, industrial parks, consumer infrastructure and other fields to accelerate the issuance of REITs products, and encourage private capital to participate in REITs products Strategic placement. Support private enterprises to set up asset management companies in Shanghai, integrate and optimize assets in different regions and fully revitalize them through infrastructure REITs. Support private investment projects to apply for national policy development financial instruments (funds), medium and long-term loan projects for manufacturing industries. Implement the "follow the science and technology" and support unlisted private enterprises that meet the positioning of the Science and Technology Innovation Board, conform to the national strategy, possess key core technologies, and have outstanding technological innovation capabilities to list on the Science and Technology Innovation Board, and private enterprises that have been listed overseas return to the Science and Technology Innovation Board. Listed on GEM. (Responsible departments: Municipal Development and Reform Commission, Shanghai Securities Regulatory Bureau, Shanghai Stock Exchange)
12. Give full play to the role of government financing guarantee institutions. Optimize and improve the assessment mechanism of district-level government financing guarantee institutions. Further enhance the credit enhancement capabilities of municipal government financing guarantee institutions, optimize the proportion of batch business requirements, and steadily increase the first loan rate of private enterprises. (Responsible departments: Municipal Finance Bureau, Municipal Local Financial Supervision Bureau, and district governments)
13. Guide financial institutions to support private investment projects. Promote financial institutions to actively support private investment projects by means of loan renewal, loan extension, and adjustment of repayment arrangements. Steadily increase the proportion of private enterprise loans among newly issued enterprise loans. Guide financial institutions to innovate financial products and services, reduce the level of loan interest rates for private enterprises and financing-related expenses, urge financial institutions to waive all transaction fees for bond financing of private enterprises, and promote the average financing cost of private enterprises to stabilize and decline. Roll out the credit reward and subsidy policy for small, medium and micro enterprises, "should accept all" eligible small and medium-sized enterprise loan products declared by banks in Shanghai, optimize the assessment of inclusive small and micro enterprise loan incentives, and guide financial institutions to increase their support for small, medium and micro enterprises support. Continuously promote the incremental expansion of seamless loan renewals, and achieve "zero-threshold application, zero-fee processing, and zero-period loan renewal" on the premise of meeting the credit management requirements of various banks and risk controllability. (Responsible departments: Shanghai Headquarters of the People's Bank of China, Municipal Development and Reform Commission, Municipal Finance Bureau, Municipal Local Financial Supervision Bureau, Shanghai Banking and Insurance Regulatory Bureau, Shanghai Securities Regulatory Bureau)
4. Guide the high-quality development of private investment
14. Support private investment in technological innovation. Encourage private capital to actively participate in the construction of the National Industrial Innovation Center, National Engineering Research Center, National Enterprise Technology Center, National Industry-Education Integration Innovation Platform, National Manufacturing Innovation Center, National Technology Innovation Center, National Energy R&D Innovation Platform, etc., and support private enterprises to undertake National major scientific and technological strategic tasks. Support private enterprises to apply for the headquarters of innovative enterprises in Shanghai, and give start-up fees and operating incentives of up to 10 million yuan to certified private enterprises. Encourage private enterprises to establish various forms of technical consortiums with universities, institutions, upstream and downstream industries, and apply for municipal engineering research centers and municipal key laboratories. Increase support for private investment in technological transformation projects, and continue to promote high-end, intelligent, and green transformation and upgrading of industries. Support specialized, special and new "little giant" private enterprises and Shanghai's key service unicorn private enterprises to become bigger and stronger, and support and encourage private enterprises with technological advantages to participate in international competition. If the research and development expenses actually incurred by the enterprise do not form intangible assets and are included in the current profit and loss, on the basis of deduction according to the regulations, 100% of the actual amount incurred will be deducted before tax; 200% of the cost is amortized pre-tax. (Responsible departments: Municipal Development and Reform Commission, Municipal Economic Information Commission, Municipal Science and Technology Commission, Municipal Commerce Commission, Municipal Finance Bureau, Municipal Taxation Bureau)
15. Increase support for private investment in the three major industries. Actively guide private enterprises to deeply participate in the construction of the three major industrial highlands of integrated circuits, biomedicine, and artificial intelligence, and fully implement various funding subsidy policies related to the three major industries. Support qualified outstanding industrial talents to be included in the "industrial elite", and implement special policy guarantees for key industrial talents. Relying fully on the drug review and inspection of the State Food and Drug Administration and the Yangtze River Delta Sub-Center for Technical Review and Inspection of Medical Devices, strengthen guidance on the registration and registration of innovative drugs, improved new drugs, and innovative medical devices developed by private enterprises. Support the dynamic inclusion of eligible private enterprises into the city's "white list" of R&D items and the joint supervision mechanism for special items entering and leaving the country, further optimize the customs clearance process and shorten the customs clearance time. Coordinate the high-performance computing resources invested by the city's government, and provide private enterprises with neutral, inclusive, continuous iteration, safe and reliable public computing resources. (Responsible departments: Municipal Economic and Informatization Commission, Municipal Science and Technology Commission, Municipal Development and Reform Commission, Municipal Human Resources and Social Security Bureau, Municipal Drug Administration, Municipal Commerce Commission, Shanghai Customs)
16. Encourage private capital to invest in new infrastructure. Extend the implementation period of the interest subsidy policy for new infrastructure projects to the end of 2027, and provide an interest subsidy of up to 1.5 percentage points. Give full play to the guiding role of special projects for artificial intelligence innovation and development, and support private enterprises to widely participate in the construction of artificial intelligence infrastructure such as data and computing power. Promote the reform of the "replenishment side" and support universities, scientific research institutions, and state-owned enterprises to use privately-invested data storage and computing power resources through government procurement and leasing; support private enterprises to rent computing power and storage resources through scientific and technological innovation coupons; promote government The department rents private investment-specific computing power to support the application of professional scenarios such as big semantic learning, metaverse, and space-time base map. (Responsible departments: Municipal Development and Reform Commission, Municipal Economic and Informatization Commission, Municipal Planning and Resources Bureau, Municipal Finance Bureau, Municipal Education Commission, Municipal Science and Technology Commission, Municipal State-owned Assets Supervision and Administration Commission, Municipal Big Data Center)
17. Strengthen private investment support in the field of green development. Encourage private investment to actively participate in renewable energy and new energy development projects, and provide financial support of 0.05 yuan/kWh to 0.3 yuan/kWh for renewable energy projects according to procedures. Encourage private enterprises to invest in demonstration projects such as taxi charging demonstration stations, shared charging pile demonstration communities, and high-level battery swapping stations, and provide 30%-50% equipment subsidies for charging equipment, and 0.05-0.8 yuan/kW for charging stations and enterprises Timely electricity subsidy, implementing measures such as exempting power access project fees for commercial centralized charging facilities. (Responsible departments: Municipal Development and Reform Commission, Municipal Economic and Informatization Commission, Municipal Housing and Urban-Rural Construction Management Commission, Municipal Transportation Commission, Municipal Housing Administration, Municipal Finance Bureau, Municipal Electric Power Company)
18. Stabilize private investment in real estate. Make good use of relevant policies and measures such as special loans and supporting financing, and solidly promote the work of "guaranteeing the delivery of buildings, ensuring people's livelihood, and ensuring stability". Give full play to the role of government guidance and market mechanisms, and encourage private investment to participate in the transformation of "two old houses and one village" and the construction and operation of affordable housing. (Responsible departments: Municipal Housing and Urban-Rural Construction Management Committee, Municipal Housing Administration)
19. Promote private investment to participate in social and people's livelihood services. Further relax the quota restrictions on social medical equipment. Encourage private capital to use stock space resources to build elderly care, sports, social welfare and other projects, and privately invested new projects in social fields such as elderly care to achieve an overall land price level comparable to the industrial benchmark land price of standard factory buildings. Support more market entities to participate in the aging renovation of the elderly's home. Support the development of private colleges and universities, and formulate a new round of investment subsidy policies for the construction of training centers for non-profit private colleges and universities. Encourage private enterprises to build public fitness facilities to make up for key projects, and the municipal special fund for sports development will provide subsidies based on 30% of the actual investment, with a maximum of 1.5 million yuan. Make good use of special funds such as guidance funds for the development of the service industry, film industry development, cultural and creative industry development, and tourism development, and support non-governmental investment projects such as cultural and creative industries and tourism by means of free funding and discounted loans. (Responsible departments: Municipal Development and Reform Commission, Municipal Health Commission, Civil Affairs Bureau, Municipal Education Commission, Municipal Sports Bureau, Municipal Culture and Tourism Bureau, Municipal Finance Bureau)
20. Encourage private investment to participate in rural revitalization. Encourage the establishment of investment funds in the field of rural revitalization in a market-oriented manner. In view of the low-efficiency and idle resources in rural areas, increase the utilization of resources, encourage private capital to carry out overall development, develop characteristic provenance industries, strengthen agricultural brands, improve digital agriculture, and create a green agricultural highland. Promote the pilot project of rural collectively-owned construction land entering the market, combine with the construction of Chongming's world-class ecological island, innovate the development model, introduce the core of the industry, and form a characteristic industrial space. (Responsible departments: Municipal Agriculture and Rural Affairs Commission, Municipal Economic and Informatization Commission, Municipal Culture and Tourism Bureau, Municipal Planning and Resources Bureau, Municipal Development and Reform Commission, Chongming District Government)
This policy measure will come into effect on June 1, 2023 and will be valid until December 31, 2025. Where specific policies and measures have a clear time limit for their implementation, the provisions shall prevail.
