Cuiheng New Area is consistent with Torch Hi-tech Industrial Development Zone in access standards and preferential policies for investment attraction. Cuiheng New Area has issued Assess Standard for Industrial Projects in Initiating Area of Cuiheng New Area Zhongshan and Access Catalog for Industries in in Initiating Area of Cuiheng New Area Zhongshan (2015). Cuiheng New Area has implemented the consistent policies for investment attraction with Torch Hi-tech Industrial Development Zone to promote the sound development of healthy technological industries, encourage the innovative development in science and technology, and introduce high-level talent worker.
I. The Policies about the Construction and Development of Scientific and Technological Company Incubators
Scientific and Technological Fund of the park will support no less than RMB 3 million yuan, RMB 2 million yuan and RMB 1 million yuan respectively to companies that are listed as national incubators, provincial incubators and Cuiheng New Area incubators.
II. Encouragement of Scientific and Technological Innovation
At least RMB 100 million yuan out of the Cuiheng New Area budget will be arranged as the scientific and technological innovation fund for technological innovation and healthy scientific and technological industries.
III. Improved Development for Healthy Scientific and Technological Industries
A special fund of RMB 15 million yuan will be arranged to support the development of healthy scientific and technological industries including platform construction, scientific research, industrial agglomeration, supports for major companies and project supporting, and so on. Expenditure ranges from project expenses, supporting expenses for project attraction and project managing expenses.
IV. Support for Medium-sized and Small Scientific and Technological Companies
Cuiheng New Area arranges a certain budget for innovation of medium-sized and small companies. The priority is given to following projects: national or provincial innovation projects, innovative hi-tech companies with good prospects in future market that can play a vital role in economic restructuring, environmental projects that can evidently conserve energy, technological projects that transfer the scientific researches and technologies of research institutes, organizations and universities to scientific and technological medium-sized and small companies, and hi-tech service projects that provide professional service for medium-sized and small companies, high-level overseas students’ hi-tech projects with a good industrial future or projects with independent key technologies.
V. The Special Supporting Fund for the Intellectual Property Pledge Loan
A special supporting fund of RMB 9 million yuan is set up for the intellectual property pledge loan. It will provide interest subsidies by a certain percentage for medium-sized and small companies during their intellectual property pledge loan term.
VI. Policies for Introduction of Talents
A certain amount of budget is arranged every year for doctoral subsidies, postdoctoral research funding, subsidies for urgently needed talents, scientific research talent team funding and overseas high-level talent funding and so on.