The Authority of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone released three major supportive polices Nov. 22 to promote the development of financial industry, industrial agglomeration and talents in the area.
Talents who work in Qianhai and companies hiring specific types of talents will receive handsome subsidies.
Hong Kong interns in Qianhai will receive 3,000 yuan per month for six months; Hong Kong employees in Qianhai with doctoral, master and bachelor degrees will receive 10,000 yuan, 7,000 yuan and 5,000 yuan per month for three years, respectively.
For companies who hire Hong Kong employees, 30 percent of the employees’ salary will be reimbursed. The subsidy is capped at 30,000 yuan for each person and will last for 3 months at most. Companies who hire more than 30 Hong Kong employees will receive another 200,000 yuan at one time.
A subsidy of 3.24 million yuan, 2.16 million yuan and 360,000 yuan will be given to leading technologists, young technologists and excellent engineers, respectively. The subsidies will be allocated evenly over six years
For High-level Innovation and entrepreneurship teams selected by Guangdong and Shenzhen, the team leader will receive 2 million yuan and two of its core members will receive one million yuan, respectively.
Companies who introduce strategic scientists, leading technologists, young technologists, and provincial and municipal high-end talent innovation and entrepreneurship teams, will receive two million yuan, 100,000 yuan, 20,000 yuan and 150,000 yuan, respectively for each talent or team they introduced.
For the establishment of academician or expert workstations, 50 percent of the municipal subsidy standard for its opening will be reimbursed.
The supportive policy will take effect from Nov. 21 this year for three years and will cover the expanded Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, which now occupies 120.56 square kilometers.