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Legal update

Shenzhen Qianhai Rolls Out Multiple Preferential Measures to Support Service Sector Entities in “Going Global”

Pubdate:2026.01.31 Source: Hit:48

On January 6, 2026, the Authority of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen recently issued the Several Measures on Supporting High-Quality Development of Trade in Services (Trial) (Shen Qianhai Gui No. 1), to be implemented from January 20, 2026, and valid through January 20, 2028.

 

To guide and support service sector entities in Qianhai to explore international markets, the Authority introduced multiple financial subsidy policies, including:

 

·Encouraging enterprises to carry out marketing and promotion of service products on overseas radio and television media, online video platforms, social media applications, financial payment institutions and other platforms. For enterprises with overseas promotion expenditures exceeding RMB 1 million, support will be provided at 5% of the previous year’s promotion expenditures, with a maximum support amount of RMB 1 million.

 

·Without violating the Catalogue of Technologies Prohibited from Export and Restricted from Export of China, for eligible enterprises’ service exports in the previous year, the amount of foreign exchange received (exceeding US$ 5 million) shall be used as the principal for calculating the interest subsidy. Interest subsidy support shall be granted based on the most recent 1-year RMB Loan Prime Rate (LPR) published by the People’s Bank of China as of the declaration deadline. Each enterprise will be supported with RMB 500,000 per year.

 

·For enterprises that, in the past two years, established entities overseas to carry out service industry-related activities, and whose actual investment in the previous year exceeded RMB 5 million, support will be granted at a rate not higher than RMB 300,000 per entity (the support amount for a single entity shall not exceed 1% of its actual investment in the previous year), with an annual cap of two overseas entities per enterprise.