Henan Undertakes Industrial Transfer&Nbsp& Nbsp; Care For Leather Products And Shoes Industry

On June 7, we learned from the Implementation Opinions on Further Making Good Use of Foreign Capital issued by the Henan Provincial Government Industrial transfer And enter the industrial cluster Leatherwear Products (excluding leather), shoe manufacturing, etc. will be given many preferential policies.

The opinion said that the encouraged projects with a total investment (including capital increase) of less than 300 million US dollars in the Catalogue for the Guidance of Foreign Investment Industries should be approved by the relevant departments of the State Council and the provincial government, in addition to the Catalogue of Investment Projects Approved by the Government The county (city) development and reform departments or the management committee of industrial clusters (including national and provincial development zones, and new urban areas approved by the provincial government) shall examine and approve according to the principle of territoriality. That is to say, which city or county is responsible for the management, and which city or county is delegated the power.

The environmental review and approval authority of foreign-funded projects will be delegated to the cities under the jurisdiction of provinces to undertake the encouraged projects including leather products and shoe manufacturing that have transferred industries and entered into industrial clusters.

The provincial government encourages Chinese companies to set up regional headquarters, R&D centers, procurement centers, financial management centers, settlement centers and other functional institutions in Henan. The identified national and provincial R&D institutions will be given a one-time project subsidy of 2 million yuan and 1 million yuan respectively.

Before December 31, 2010, scientific and technological development supplies that meet the specified conditions and need to be imported by foreign-funded R&D centers shall be exempted from import tariff, import value-added tax and consumption tax.

For successful overseas listing from 2010 to 2012 enterprise The provincial finance department will give a reward of 1% of the amount of raised funds.