On the afternoon of March 23, the Department of Commerce of Guangdong Province and the Macao Trade and Investment Promotion Institute held a seminar on investment and trade policies of Guangdong Province in Macao to implement the spirit of the province's high-quality development conference, deeply publicize the latest investment policies of Guangdong Province, and attract enterprises to participate in the Greater Bay Area Construction, to win a bright future in promoting high-quality development.
More than 300 representatives from the Macau Liaison Office of the Central Committee of the Central Committee of the Communist Party of China, the Macau Trade and Investment Promotion Institute, and the major industry associations in Macau, as well as high-level representatives of enterprises in the industries of finance, convention and exhibition, trade, logistics, traditional Chinese medicine, textiles, and accounting in Macau, and representatives of Chinese-funded enterprises in Macau. people attended the presentation.
Yu Yusheng, chairman of the Macao Trade and Investment Promotion Institute, delivered a speech at the meeting. Zhang Jinsong, director of the Department of Commerce of Guangdong Province, gave a detailed introduction to the 6 advantages of investing in Guangdong, 2 key points of investment promotion and 1 set of preferential policies, and proposed to deepen Guangdong-Macao cooperation 4 A key direction and a major event.
Yu Yusheng, Chairman of Macao Trade and Investment Promotion Institute, delivered a speech
Great business opportunities in Guangdong: "6+2+1"
"6", that is, the six major advantages of Guangdong
One is the economic scale advantage. In 2022, Guangdong's GDP will be 12.9 trillion yuan, ranking first in the country for 34 consecutive years. Guangzhou, Shenzhen, Foshan, and Dongguan are cities with an economic aggregate exceeding one trillion yuan. The foreign trade import and export is 8.3 trillion yuan, ranking first in the country for 37 consecutive years. The actual utilization of foreign capital was 27.9 billion US dollars.
The second is population and market advantages. With a permanent population of 127 million, Guangdong is China's most populous province, with a total social consumption of 4.5 trillion yuan, accounting for one-tenth of the country's total. The total number of market entities is 16 million, of which enterprises account for 45%, and the activity of market entities exceeds 70%.
The third is the advantages of supporting industries. Guangdong has formed a 10+10 industrial system (ten pillar industries + ten emerging industries). Eight major industries, including new-generation electronic information, modern light industry and textiles, advanced materials, green petrochemicals, modern agriculture and food, smart home appliances, software and information services, and automobiles, have reached a trillion-level scale. There are 62 national and provincial economic development zones, over 60,000 high-tech enterprises, and over 58,000 industrial enterprises above designated size. 80% of the production can be completed within a half-hour transportation circle, and the remaining 20% can be completed within a one-hour transportation circle. Investing in Guangdong will save time, effort, labor and money.
The fourth is the advantage of convenient transportation. There are 9 civil airports in Guangdong (Guangzhou, Shenzhen, Jieyang, Zhuhai, Zhanjiang, Huizhou, Foshan, Meizhou, Shaoguan). The annual passenger volume of Guangzhou Airport exceeds 70 million, and that of Shenzhen Airport exceeds 50 million. High-speed rail is connected to every city, and the mileage of high-speed rail is 2,367 kilometers. The expressway exceeds 11,000 kilometers, and the east, west and north of Guangdong exceed 6,000 kilometers. The density of the core area of the Pearl River Delta is comparable to that of New York and Tokyo metropolitan area. Guangzhou Metro has 16 lines and a mileage of 621 kilometers. Shenzhen Metro has 16 lines and a mileage of 547 kilometers. There is also the Pearl River Delta intercity express rail, and a 1-hour living circle is being formed.
Fifth, the advantages of the business environment. Marketization, rule of law, and internationalization are prominent signs of Guangdong. Marketization: Guangdong has a large-scale supporting industry and has become one of the regions with the most complete global industrial chain and supply chain. Rule of law: the government responds to the needs of enterprises and does not disturb them. As long as you abide by the law, you don't need to ask for help. Internationalization: One-day access to Guangdong and major international cities, especially with the help of Hong Kong and Macao, it is more convenient to integrate into internationalization.
Six is the ecological environment advantage. The average concentration of PM2.5 in Guangdong is 22 micrograms per cubic meter, meeting the EU air quality standard (25 micrograms). Of the top 20 cities in the country with air quality, five are from Guangdong (Shenzhen, Zhuhai, Zhongshan, Huizhou, and Zhaoqing). Good mountains, good water, and good ecology, if you come to Guangdong to invest and develop, you will definitely make more money, be in good health, and feel good.
"2", that is, two key investment directions
One is manufacturing investment. 10 pillar industry clusters: new-generation electronic information, green petrochemicals, smart home appliances, automobile industry, advanced materials, modern light industry and textiles, software and information services, ultra-high-definition video display, biomedicine and health, modern agriculture and food. 10 emerging industry clusters: semiconductors and integrated circuits, high-end equipment manufacturing, intelligent robots, blockchain and quantum information, cutting-edge new materials, new energy, laser and additive manufacturing, digital creativity, safety emergency and environmental protection, precision instruments and equipment.
The second is to attract investment from headquarters enterprises. Guangdong is vigorously developing a higher-level headquarters economy, and hopes to attract multinational companies, especially the world's top 500 companies and industry leaders, to set up regional headquarters, functional headquarters and R&D headquarters in Guangdong.
"1", a set of combined policies
Mainly "Ten Rules for Foreign Investment" and "Ten Rules for Manufacturing Industry". In terms of investment incentives, for new projects established in Guangdong with an annual actual foreign investment of more than US$50 million, or for capital increase projects exceeding US$30 million, rewards will be awarded in proportion to 2% of the actual foreign investment, with a maximum award of 100 million Yuan. If the annual actual amount of foreign investment in the regional headquarters of a recognized multinational company exceeds 10 million US dollars, it will be rewarded according to 2% of its actual investment amount, with a maximum reward of 100 million yuan. If the contribution to the provincial fiscal year exceeds 100 million yuan for the first time, a one-time reward will be given according to 30% of its contribution in the year. For the introduction of a total investment of more than 1 billion yuan in the Pearl River Delta cities, or the introduction of manufacturing projects with a total investment of more than 500 million yuan in the east, west and north of Guangdong, the reward will be rewarded according to the proportion of the newly added fixed asset investment not exceeding 2%.
Director Zhang Jinsong introduces the Ten Rules for Foreign Investment and the Ten Rules for Manufacturing
In terms of tax incentives, the "Double 15%" tax incentives for Hengqin, Qianhai, and Nansha. The first 15% refers to the establishment of enterprises in encouraged industries to collect corporate income tax at a rate of 15%. The second 15% refers to corporate executives and high-tech personnel. According to the talent policy given to the Greater Bay Area by the state, personal income tax is paid at 15%.
