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Documents and Regulations

Preferential Policy for the Introduction of Key Corporate Financial Institutions

2017-11-21

Document number: QingZhengFa [2011] No. 15 “Qingdao Municipal Government Opinions on Further Promoting the Development of the Financial Sector” Annex 1: About Several Policies Supporting the Development of the Financial Sector
  Policy content:
  ①Newly established and introduced key corporate financial institutions are given one-time start-up funding grants of no more than 2% of their registered capital, the total grants given to a organization shall not exceed 10 million yuan plus some standard subsidies for office and business premises.
  ②Introduced key financial institutions under regional jurisdiction and institutions like business headquarters directly under the headquarters are granted one-time start-up subsidies of 3 million yuan; introduced key backstage services institutions directly under the headquarters are granted one-time start-up subsidies of 2 million yuan; some standard subsidies for office and business premises are also granted.
  ③Introduced key bank branch offices are granted subsidies of 500,000 yuan; branch offices of insurance companies, securities companies and futures companies are granted subsidies of 300,000 yuan; business departments of securities companies and futures companies are granted subsidies of 100,000 yuan.
  ④As for various types of special funds from all levels of government budgetary arrangements for technological transformation, technological development and innovation and other, the departments of development and reform, finance, science and technology support listed companies applying for all kinds of policy funds with priority since 2011.

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