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Investment Facilitation

chinadaily.com.cn|Updated: May 12, 2022

1. Deepening reform in investment field

● Implementing the administrative system of pre-establishment national treatment and negative list for foreign investment;

● Implementation of an intelligent 24-hour online system for enterprise registration which allows foreign investment to achieve "online cross-border non-meeting approval";

● Implementation of export tax rebate policies like refund-before-verification and export rebate loan which enables corporates to complete tax procedures within 1.5 working days.

2. Cultivating new service models

● The first Qingdao-Hong Kong-Shenzhen joint law firm and the first foreign travel agency in Shandong province settled in Qingdao FTZ;

● Home to China's first German-owned vocational skills training institution;

● Ernst & Young LLP, one of the top four accounting firms in the world, established an office in Qingdao FTZ.

3. Diverse manufacturing and processing modes

● Selective taxation on domestic sales;

● Mixed processing of bonded and non-bonded parts;

● Simultaneously carrying out businesses in shipping and logistics, maintenance and testing, exhibition and training.

4. Professional service advantages

● Rich experience in manufacturing field, with advantages of both channels and supporting facilities;

● Abundant human resources and professional talent services;

● Professional supporting services in environmental protection.