Notice of Chengdu Municipal People's Government on Printing and Distributing the Interim Measures of Chengdu Science and Technology Intensive Development Zone

Article 1 These Measures are formulated in order to promote the direct combination of science and technology with production, give priority to the combination of science and technology with other production factors, promote the development of science and technology and economy, and promote the construction of technology-intensive development zones. Article 2 Chengdu Technology-intensive Development Zone (hereinafter referred to as Development Zone) shall first build a high-tech intensive development zone in Huaxi dam area, an electronic technology development zone in the eastern suburbs, and correspondingly build a number of distinctive technology development streets in the supervision areas of universities and research institutes with relatively strong scientific and technological strength.

The specific scope of the Development Zone is planned by the Chengdu Municipal People's Government and gradually developed. Article 3 All kinds of scientific and technological institutions entering the management scope of the Development Zone must introduce competition mechanism and have full autonomy in scientific research, development and operation. Implement the principle that the whole people, collectives and individuals jointly run scientific and technological institutions, and adopt the method of "combining officials with groups, giving priority to groups, and helping the people with officials" to establish a new type of scientific and technological enterprise with scientific and technological personnel as the leading factor, technology development as the backing, market-oriented and scientific and technological advantages to occupy the market. Article 4 The following preferential policies shall be implemented for the development of high-tech industries:

(1) High-tech products and their industries shall be exempted from product tax, value-added tax or business tax within two years and income tax within three years from the date of production or sales. After the expiration of the tax exemption period, if it is difficult to pay taxes, tax reduction may be granted within a certain period of time with the approval of the tax authorities.

(two) with the approval of the Chengdu Municipal People's Government, it can be exempted from purchasing national key construction bonds.

(3) With the approval of the Municipal People's Government, self-raised funds are used to build production and business premises developed by new technologies, and from 1988 onwards, municipal construction supporting fees are exempted for three years.

(4) Income from technology transfer, technical services, technical consultation, technical training, technical contracting and technical export shall be temporarily exempted from business tax and income tax. Article 5 The part of the above-mentioned tax reduction or exemption that exceeds the preferential tax reduction or exemption allowed by the current policy shall be transferred to the special account of the State Support Fund for storage according to the method of tax calculation and non-tax, which shall be used by enterprises exclusively for new technology development and production, and shall not be used for collective welfare or internal distribution. Article 6 The special tax voucher system shall be implemented for high-tech development and high-tech industries, and the Chengdu Municipal People's Government shall designate the Municipal Taxation Bureau and the Municipal Science and Technology Commission to be responsible for the formulation and issuance of special tax vouchers. Article 7 The production and operation of capital construction projects of science and technology enterprises shall be arranged in accordance with unified planning, simplify examination and approval procedures and give priority to construction. Article 8 Imported raw materials and spare parts needed by new technology enterprises to produce export products shall be exempted from import licenses, and the customs shall examine and release them according to the contract and the approval documents of the competent department of Chengdu Municipal People's Government. With the approval of the customs, bonded warehouses and bonded factories will be set up in the development zone. The customs will supervise the processing of imported raw materials and spare parts according to the supplied materials, and exempt them from import duties, import product tax or value-added tax according to the actual processed export quantity. Export products will be handled according to national preferential policies. Where bonded goods are sold domestically, they must be approved by the original examination and approval department, and the customs agrees to pay taxes according to regulations. For products whose import is restricted by the state or subject to import license management, import approval documents or import licenses shall be reissued in accordance with relevant state regulations. The above products cannot be reissued.

In order to develop new technologies, new technology enterprises can reduce or exempt import tariffs on instruments and equipment that cannot be produced in China with the approval of the General Administration of Customs. Article 9 Banks should provide loan support for new technology enterprises and give priority to providing foreign exchange loans to export-oriented new technology enterprises.

Within three years after the implementation of these measures, banks will provide a certain amount of special loans every year for the development and construction of new technology enterprises (including capital construction), and the funds will be used for special purposes. Banks arrange to issue a certain number of long-term bonds every year to raise funds from the society and support the development of new technologies.

Loans used by new technology enterprises can be repaid before tax with the approval of tax authorities.

Banks can draw a certain percentage from interest income and establish loan insurance funds. Article 10 Import and export companies of new technology products established with the approval of relevant state departments and qualified new technology enterprises shall enjoy the right to operate foreign trade, be responsible for their own profits and losses, undertake export plans or set up branches abroad. The foreign exchange generated by the export of new technology enterprises will be fully reserved for enterprises within three years, and from the fourth year onwards, local and foreign exchange-earning enterprises will be divided into 28%. Eleventh new technology enterprises used to develop new technology, new technology products, equipment can be quickly depreciated. Twelfth new technology enterprises to develop new products or operate new technology products without unified pricing in the country, can try out the sales price according to the relevant regulations. Thirteenth scientific research units, schools and enterprises are encouraged to take part-time jobs in new technology enterprises, set up, lead and contract various forms of new technology enterprises, or leave their jobs to work in new technology enterprises. Relevant departments should actively support and provide convenience to protect their legitimate rights and interests.

New technology enterprises are allowed to recruit college graduates, university graduates, graduate students, international students and foreign experts. Article 14 If the income of employees of new technology enterprises reaches the standard of individual tax adjustment as soon as possible, they shall pay taxes according to regulations. Fifteenth new technology enterprises can reform the management system in terms of professional titles, personnel and distribution, and link the interests of scientific and technological enterprises and scientific and technological personnel with their contributions to science and technology, economic development and social benefits, so that they can improve their working conditions and material interests by creating wealth for society and contributing to scientific and technological progress.