Frequently Asked Questions

Posted: Oct 27, 2011

QUESTION

What are the criteria of “district high-tech enterprise”?

Answer

It shall be independent enterprise with modern enterprise system and is mainly focused on R&D of high-tech application and products. The total income of the last year shall reach more than one million yuan, as over 50 percent shall be the sales income of high-tech products. More than 15 percent of the employees shall have education level higher than junior college, and the expenditure of scientific R&D shall reach over 3 percent of the total income.

The government will award 20,000 yuan to the approved “district high-tech enterprise” as the subsidy of its application to the high-tech enterprise of municipal level.


Posted: Oct 27, 2011

QUESTION

What are the criteria of “district leading enterprise of science”? Is there any awarding measure from the government?

Answer

1. The business of the enterprise shall be listed in the high-tech industries catalog of Shanghai Municipal Government and shall be suitable for the industrial plan of Fengxian District; the average annual income in recent two years shall reach more than 100 million yuan with an increase more than 15 percent; the enterprise shall have good taxpaying records and the increase of annual tax shall be more than one million yuan.

2. The enterprise shall have strong ability in scientific innovation and shall have its own technology research center with a stable R&D team; over 30 percent of its employees shall have the education level higher than junior college; over 10 percent of its employees shall be product R&D workers; its R&D expenditure shall reach more than five percent of its annual income.

3. The enterprise shall have complete protection system of intellectual property rights and have independent intellectual property rights (registered trademarks and existing patents); the enterprise shall have more than two newly-developed projects with advanced level at home and abroad; the enterprise shall also have not less than five patents applied every year.

4. The enterprise shall have long-term cooperation with scientific academy concerned and establish research base and service platform.

5. The enterprise shall have good records in credit and operation.

Every year there’re one or two enterprises listed as the “district leading enterprise of science”, and each of them will be awarded 500,000 yuan from the government for their establishment of public service platform of science.


Posted: Oct 27, 2011

QUESTION

Where shall I go to register my new company?

Answer

Fengxian District Investment Management & Service Center is the specially assigned organ of Fengxian District Government to take charge of the approval, management and coordination of investment projects. It’s a place of service for foreign and domestic investors to get reception, information, policy consultation project approval and company registration.

The center is located in the western building of No.58 East Huancheng Road, Nanqiao Town. The first floor is the registration hall and the second floor is the offices.

Tel: 8621-33611805 / 33611806


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We answer questions on all aspects of Fengxian District in English.

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