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Admittance Criteria for Industrial Projects of Wuhan East Lake High-tech Development Zone (Trial)

Updated: 2020-03-19 Weibo Weixin Qzone Facebook Twitter More

1. This admittance criteria applies to all industrial parks in the zone, including Biolake, Wuhan Future City, the East Lake Free Trade Zone, Optoelectronic Information Industrial Park, the Modern Service Industrial Park, Smart Manufacturing Industrial Park, Chinese Sci-tech City and Optics Valley Central City.

2. The admittance criteria must be carried out for all resident industrial projects requiring land within the scope of the zone.

3. Project introduction must conform to the admittance criteria of the zone and project layout must conform to the industrial development plan of the zone.

4. The reserve price of the industrial land in the zone is subject to the scope specified in the relevant documents issued by Wuhan.

5. According to the nature of the enterprise and the scale of investment, the introduced projects are mainly divided into three categories:

(1). Category A: Top 500 companies in the world, central state-owned enterprises, industry leaders and industrial projects with total investment exceeding 5 billion yuan ($701 million) over 3 years.

(2). Category B: Top 100 domestic enterprises, listed companies and industrial projects with total investment over 1 billion yuan over 3 years.

(3). Category C: General industrial projects and industrial projects with a total investment of 200 million to 1 billion yuan over three years.

In principle, land supply is not available for industrial projects with a total investment of less than 200 million yuan over three years.

6. The introduced projects must go through industrial and commercial registration and tax registration in the zone and pay various taxes in the zone.

7. The capacity rate of the introduced projects needs to meet the relevant regulations of the zone.

8. The energy consumption level of the introduced projects must meet the relevant regulations of Wuhan.

9. Admitted projects must meet the requirements of environmental protection and safety facilities construction requirements and must meet the entry requirements for planned environmental impact assessment projects. The leading products or key technologies produced by the project must not infringe on the intellectual property rights of others.

10.  Admittance criteria for the Biolake:

(1). Meet the requirements for the development of industries such as biopharmaceuticals, chemical pharmaceutical preparations, traditional Chinese medicine and plant medicines, medical devices, outsourcing of medical services, bio agriculture, biomass energy, bioinformatics and biological R&D, testing and manufacturing.

(2). Investment requirements: a. focus on introducing Category A, B and C projects; b. investment of fixed assets is not less than 3 million yuan per mu (0.067 hectare) of its floor area; c. annual output is not less than 8 million yuan/mu.

(3). After the project reaches its standard capacity, its annual average tax revenue needs to reach more than 300,000 yuan/mu.

11. Admittance criteria for Wuhan Future City:

(1). Focus on introducing R&D industrial projects in the fields of optoelectronic information, energy conservation and environmental protection.

(2). Investment requirements: a. focus on introducing Category A and B projects; b. investment of fixed assets is not less than 3 million yuan/mu; c. annual output is not less than 8 million yuan/mu.

(3). The average annual tax of industrial projects after reaching the standard capacity needs to reach more than 250,000 yuan/mu.

12. Admittance criteria for East Lake Free Trade Zone:

(1). The introduced projects must meet the industrial development planning requirements of the zone and relevant regulations issued by the General Administration of Customs.

(2). Investment requirements: 1. focus on introducing Category A, B and C projects; b. investment of fixed assets shall not be less than 3 million yuan/mu; c. annual output shall not be less than 8 million yuan/mu.

(3). After the project is in production, the average annual tax needs to reach more than 250,000 yuan/mu.

13. Admittance criteria for Optoelectronic Information Industrial Park:

(1). Meet the requirements of the park's key industries such as optoelectronics information, new energy environmental protection, high-end equipment manufacturing and modern service industries.

(2). Investment requirements: a. focus on the introduction of Category A, B and C projects; b. the investment of fixed assets shall not be less than 5 million yuan/mu; c. the annual output shall not be less than 10 million yuan/mu.

(3). After the project reaches full capacity, the annual average taxation needs to reach more than 300,000 yuan/mu.

14. Admittance criteria for Modern Service Industrial Park

(1). Meet the requirements of the park's development of modern service industries such as finance, science and the integrated cultural industry, software, port logistics and ecological tourism.

(2). Investment requirements: a. focus on introducing Category A, B and C projects; b. investment in fixed assets should be no less than 3 million yuan/mu; c. annual output should be no less than 8 million yuan/mu.

(3). After the project reaches full capacity, the annual average taxation needs to reach more than 250,000 yuan/mu.

(4). Finance and other modern service industry projects with special regulations have additional project entry standards.

15. Admittance criteria for Smart Manufacturing Industrial Park:

(1). Meet the requirements of the park for the development of optoelectronics information, new materials, semiconductor lighting, port logistics, energy conservation and environmental protection, equipment manufacturing and its supporting industries.

(2). Investment requirements: a. focus on the introduction of Category A, B and C projects; b. investment in fixed assets of not less than 3 million yuan/mu; c. annual output of not less than 8 million yuan/mu.

(3). After the project reaches full capacity, the annual average taxation needs to reach more than 250,000 yuan/mu.

16. Admittance criteria for Chinese Sci-tech City:

(1). Meet the industrial requirements of the park's development of its headquarters economy, R&D center, cultural creativity, ecological tourism and modern service industry.

(2). Investment requirements: a. focus on the introduction of Category A, B and C projects; b. investment in fixed assets of not less than 3 million yuan/mu; c. annual output of not less than 8 million yuan/mu.

(3). After the project reaches full capacity, the annual average taxation needs to reach more than 250,000 yuan/mu.

17. Admittance criteria for Optics Valley Central City:

(1). Meet the requirements of the park to develop a headquarters economy, R&D center, modern services industry and other industries.

(2). Investment requirements: a. focus on the introduction of Category A and B projects; b. investment in fixed assets of not less than 5 million yuan/mu; c. annual output of not less than 10 million yuan/mu.

(3). After the project reaches full capacity, the annual average taxation needs to reach more than 300,000 yuan/mu.

18. For key emerging projects in strategic emerging industries, or key links in industrial chains that are in urgent need of introduction, restrictions on investment in fixed assets, output and taxation can be appropriately relaxed after relevant applications and approval.