Chengdu Hi-Tech Zone Launches New Policies To Support The Development of CCEC (Part 1)

release time:August 3rd,2017

  According to Policies on Promoting the Development of the Business & Innovation Centre for China-Europe Cooperation (CCEC) released by Chengdu Hi-Tech Industrial Development Zone on July 26, national institutions or companies from either Europe or the countries along the Belt and Road to locate in the CCEC will be offered preferences like office rent reduction, operation subsidy, one-time decoration allowance, start-up fund, and supporting services.

  CCEC formally started operation in the Icon·Cloud of Chengdu Hi-Tech Industrial Development Zone in May, 2017.It aims to serve as a new flagship of opening up in the Belt and Road Initiative, a new window of external exchanges in western China as well as a new platform of comprehensive cooperation with Europe.


Policy Coverage

1. Government organs and economic development promotion institutions from either Europe or the countries along the Belt and Road to set up service agencies.

  State-level institutions will be exempted from three-year rental of office with a floor area up to 1,000 square meters, and at the same time, get an one-time allowance for the decoration of the office amounting to RMB 3 million; Regional or local level institutions will also be exempted from three-year rental of office with a floor area up to 500 square meters, and get a one-time allowance for the decoration of the office amounting to RMB1.5 million. If they need an office within an area within 50 square meters, a well-equipped and well-decorated office will also be provided with free rental for three years.


2. Well-known enterprises and institutions from either Europe or the countries along the Belt and Road set up regional headquarters and R&D centers.

  Fortune Global 500 companies, world top 100 universities and research institutes will be provided with a less than 2,000-square meter office space with free rental for three years, a total of RMB 4 million allowance for the office decoration, and a maximum of RMB 5 million for initial fund; For technology companies, universities and research institutes with a certain international influence, based on their actual needs, a new office within an area of 500 square meters will be provided with free rental for three years. At the same time, they will also get an one-time decoration allowance up to RMB 1 million and a maximum of RMB 1 million for initial fund.


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