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Article 1. This decree has been formulated for the purpose of encouraging all sectors of the society to take part in our work of attracting investment and expanding the channels for absorbing investment according to the local condition of Sanshui District.
Article 2. Reward Object
(1) Project introducer: the middleman that introduces the trader outside the district with explicit investment intention to settle in Sanshui, and directly assumes the responsibility of supplying contact, introduction, consultation and other services for the trader’s investment behavior, including any enterprise home and abroad, social group, financial organization, company, individual, etc.
(2) Project intermediary agent: the intermediary institution, recognized by Sanshui District Bureau of Economy and Trade, which provides consultation, introduction, contact and other services for the trader with explicit investment intention, and handles application, examination and approval, registration and other relevant formalities for the project to settle in the district, including any investment consulting company, law office,accounting firm and the like.
This decree is not applicable to the following institutions or personnel:
1. Units or individuals of the project investment party.
2. National public servants in Sanshui District, staff administered according to or referring to the standard of national public servant, and staff in institution with financial appropriation.
3. Staff in companies, examination and approval departments and departments for attracting investment directly under or subordinate to the district or town.
4. Other institutions or personnel reckoned as unqualified for the reward after inspection by the examination and approval departments.
Article 3. Reward Scope
(1) Productive enterprise projects;
(2) Logistic, large-scale commerce and trade projects;
(3) Other special projects recognized by the district government.
Article 4. Reward Registration
Projects that accords with the following conditions shall be allowed to have reward registration in Sanshui District Bureau of Economy and Trade.
(1) The introduced project shall be new to investment attraction departments at all levels in Sanshui District before it is brought into the district.
(2) Starting standard for reward: domestic investment project with an actual investment in fixed assets of RMB￥20 million or more, wholly foreign-owned investment project with a registered capital of USD$ 2 million or more, Chinese-foreign joint venture or cooperative project with a registered domestic and foreign capital totaled USD$ 2 million or more after conversion;
(3) From the very beginning of contacting the project, the project introducer or intermediary agent shall have fulfilled the registration and recording formalities in Sanshui District Bureau of Economy and Trade to confirm his identity and role.
Article 5. Reward Setup
“Project Introducer Reward” shall be set up to reward investment project introducers; and “Project Intermediary Agent Reward” shall be set up to reward project intermediary institutions. Funds needed shall be arranged by the district public finance.
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