Policy incentives

The Changxing Island Economic and Technological Development Zone, designated as both a national development zone and a comprehensive reform pilot zone in Liaoning province, is endowed with unique administrative advantages, including municipal project management authority and access to specialized provincial and municipal approval channels. Moreover, it operates under a tailored fiscal and taxation system, and boasts substantial institutional advantages conducive to both project investment and business operations.

The overarching goals for fostering a conducive business environment revolve around achieving "zero approval" delays in project initiation, ensuring "zero fees" for project implementation, and striving for "zero fines" during project operations.

Here are some key measures contributing to efficiency:

1. Enjoying municipal management authority, administrative licenses and law enforcement are primarily handled within the zone.

2. Adopting a "list system + notification and commitment system" for engineering projects enables swift action. Focusing on new and expanded industrial projects, the zone simplifies approval procedures and requirements, reduces processing times, and facilitates efficient project initiation and execution through the "Implementation Opinions on Seven Innovative Measures for Deepening Administrative Approval Reform in Changxing Island Economic and Technological Development Zone".

3. Project filing, business registration, construction permits, planning approval, land acquisition, and tax-related processes are consolidated and efficiently handled through a single window at the district public administrative service center.

4. Pioneering the remote processing of business licenses and electronic bidding, the zone is at the forefront of promoting the“Internet+ government service”initiative.

5. Operating on the principles of a first inquiry responsibility system, full-process agency, and time-limited settlement, the zone ensures the swift and effective resolution of investor inquiries and concerns.

6. The zone undertakes the crucial task of site leveling for investment projects, aligning them with regional planning and design requirements, without charging any fees.

7. Free provision of essential infrastructure interfaces, including roads, water supply, drainage, sewage, power supply, and communication networks, up to the designated boundary of investment projects. Additionally, the zone coordinates with relevant entities to extend utilities, such as gas, steam, industrial water, recycled water, dedicated network, and cable TV, to the designated boundary of investment projects.

8. Urban infrastructure supporting fees are waived.

9. Administrative and institutional fees within the fiscal jurisdiction at the zone’s administrative level are either reduced or waived altogether.

10. Infrastructure construction subsidies are provided to investment projects based on their specific needs and circumstances.

11. Sewage treatment fees for general industrial projects are subject to reduction or exemption.

Source: Changxing Island Economic and Technological Development Zone