Chapter 1 General Rules

? For the purpose of turning the Kunming Hi-Tech Industries Development Zone (hereinafter referred to as the Kunming Hi-Tech Development Zone) into an internationally renowned and domestic first-class innovative park and highlighting its industrial policy orientation, this policy is formulated according to relevant national, provincial and municipal laws, regulations and policies based on the actual situations of the development zone.

? The key industries of the Kunming High-Tech Development Zone are: biological and pharmaceutical industry; advanced material industry focused on new nonferrous and precious metal products; environmental protection and energy conservation industry; high-end equipment manufacturing industry centering on general aviation; new energy industry; and modern service industries such as finance, electronic information, and cultural and creative industries.

? Enterprises whose industrial and commercial relations are settled in the Kunming High-Tech Development Zone are entitled to enjoy relevant national, provincial and municipal preferential policies, as long as the projects are among the industrial areas mentioned above, and the enterprises comply with environmental protection and energy conservation requirements without major safety accidents.

? The Kunming High-Tech Development Zone arranges 15 percent of local general budget revenue as special funds to support enterprises (projects) that conform to this policy.

Chapter?2 Reward Policy for Newly Introduced Projects

? The reward policies for financial enterprises shall be executed according to Interim Provisions of the Kunming National Hi-Tech Industries Development Zone on Encouraging Investment and Financing.

? The execution of the reward policies for cultural industries shall refer to Policies of Accelerating the Development of Cultural Industries in Yunnan Province.

? The execution of the reward policies for software service outsourcing shall refer to Preferential Policies of Accelerating the Development of Software Industry and Service Outsourcing Industry in Yunnan Province.

? The execution of the reward policy for senior science researchers and introduced high-level talents shall refer to the Implementation Measures of Kunming High-Tech Zone on Encouraging Innovation and Entrepreneurship of High-Level Science and Technology Talents in the Zone.

? For corporations that make a significant or special contribution to the development zone, there will be a "one corporation, one policy" standard.

? If there is any new content, it will automatically become a part of this reward policy.

? If some items in this policy overlap with those in other preferential policies, corporations can only enjoy the preferred ones.

? The Department of Economic Development and Investment Promotion is authorized by the administrative committee of the Kunming High-Tech Development Zone to be responsible for the interpretation of this policy.

? This policy will be executed on the day it is issued by the administrative committee of the Kunming High-Tech Development Zone. Support policies, tax preference policies and industrial policies for attracting foreign businesses and investment in Policies Collection of Kunming National Hi-Tech Industries Development Zone implemented in July 2009 will be abolished at the same time.