It was recently learned from the Office of Nanning ASEAN-oriented Financial Opening Portal Leading Group that Nanning has issued "Several Measures for Accelerating the Construction of Nanning Core Area as ASEAN-oriented Financial Opening Portal in Guangxi". It has given policy support to financial enterprises stationed in Nanning Core Area in terms of land, apartments for financial talents, settlement and economic contribution incentives of enterprises, aiming to develop the China-ASEAN Financial City in Wuxiang New District with high standards, high quality and high level.
In terms of land preference, when meeting the relevant conditions, the large-scale financial enterprises stationed in the area through land acquisition can enjoy preferential treatment according to a certain revised proportion during land transfer.
In terms of the settlement of enterprises, the newly-established or migrated headquarters of financial enterprises from outside Nanning shall receive a maximum reward of 8 million yuan once for all based on the paid-in capital. The business headquarters and first-level branches of newly-established or migrated financial enterprises from outside Nanning will receive a maximum reward of 4 million yuan once for all. In addition to the one-time settlement award, the subsidy to the relocation fee which does not exceed the one-time settlement award standard will be given to the headquarters of financial enterprises relocated from outside Nanning.
In terms of economic contribution incentives, newly-established or migrated financial enterprises from outside Nanning will be awarded 100% incremental incentives for the economic contribution of the previous year for three consecutive years starting from the next year of the completion of industrial and commercial and tax registration (change).