Chaoyang District’s “1+7” Industrial Policy for 2025

I. Promoting High-Quality Development of the Business Economy

The policy will primarily support areas such as headquarters enterprises, consumption, wholesale, leasing and business services, foreign investment, and foreign trade:

To strengthen the competitive edge of the headquarters economy, newly recognized or newly established regional headquarters of multinational corporations will be granted a one-time incentive of up to RMB 10 million and a stable growth incentive of up to RMB 15 million.

To develop as a primary hub for the international consumption center city, a maximum incentive of RMB 15 million will be granted to enterprises that renovate characteristic commercial blocks and traditional shopping malls. Enterprises that receive support under Beijing’s “first-store” policy will be granted a maximum incentive of RMB 2.5 million.

To elevate the competitiveness of the commerce and trade sector, a maximum incentive of RMB 10 million will be granted to newly established wholesale enterprises with outstanding contributions, as well as enterprises demonstrating strong growth momentum in retail sales and revenue from business services. Enterprises with significant actual utilization of foreign investment will be granted a maximum incentive of RMB 5 million.

II. Supporting the Development of the Financial Industry

In alignment with the construction of a demonstration zone for high-quality development of the capital’s financial sector, Chaoyang District will intensify support for the internationalization, function-oriented development, and diversification of the financial industry:

To support various kinds of financial institutions and organizations, a maximum incentive of RMB 25 million will be granted to newly established financial institutions. A maximum subsidy of RMB 10 million will be granted to financial institutions within the district with a one-time capital increase in their paid-in capital. Concurrently, financial enterprises are encouraged to develop steadily in Chaoyang District, and policy support will be offered based on comprehensive evaluation results.

To support investment institutions, Chaoyang District will guide venture capital and equity investment institutions to increase their project investments, with a focus on key industries such as technology, finance, and culture. These institutions may receive financial incentives of up to RMB 20 million.

III. Promoting the Development of High-Tech Industries

Centering on the construction of a core digital economy zone, Chaoyang District will broaden the scope of its policy reach to cover all links in the industrial and innovation chains. To foster high-quality innovation entities, Chaoyang District will vigorously support the clustered development of leading high-tech enterprises, offering grants of up to RMB 10 million.

To advance innovative R&D and application scenarios, Chaoyang District will encourage enterprises to ramp up their R&D investments, champion the establishment of major innovation platforms by key innovation stakeholders, and promote open collaboration within the industrial chains of leading enterprises. For application scenarios and solution projects that demonstrate exemplary leadership, incentives of up to RMB 5 million will be provided.

To bolster the development of specialized parks and service platforms, Chaoyang District will grant corresponding financial incentives to support the construction and operation of specialized digital economy parks, bases for the commercialization of scientific and technological achievements, carriers for innovation and entrepreneurship services, and public technology platforms. The maximum reward is RMB 10 million.

To cultivate an international innovation ecosystem, Chaoyang District will support the concentration of international science and technology organizations, establishment of R&D centers by foreign-invested enterprises, layout of high-end intellectual property projects, standard formulation in key areas of the digital economy, and brand events with global influence. The maximum reward is RMB 5 million.

IV. Promoting High-Quality Development of the Cultural Industry

Chaoyang District will enhance support by fostering the deep integration of culture and technology and establishing a world-class film and television production hub:

To support the growth and expansion of cultural enterprises, a financial incentive of up to RMB 10 million will be granted to newly nurtured leading cultural enterprises. Enterprises with significant contributions in driving the cultural industry’s growth in the previous year will be eligible for grants of up to RMB 3 million.

To nurture emerging cultural business models, Chaoyang District will support the integration of culture and technology, the creation of cultural and tourism consumption scenarios, and brand events, with a maximum reward of RMB 3 million.

To enhance the quality and efficiency of cultural industry parks, Chaoyang District will support park renovation and upgrading, quality enhancement, and distinctive development, with a maximum reward of RMB 2 million.

To foster innovative development of the film and television industry, Chaoyang District will support project approvals of film and television works, major key technological innovations in the sector, the construction of industrialized platforms for film and television production, as well as open-source initiatives and collaborative endeavors. The maximum reward is RMB 8 million.

V. Promoting the Development of Small and Medium-sized Enterprises (SMEs)

Chaoyang District will further refine supportive policies for the tiered cultivation of SMEs:

To encourage quality improvement and upgrading of enterprises, Chaoyang District will grant tiered financial incentives to eligible technology-based SMEs, Zhongguancun high-tech enterprises, national high-tech enterprises, innovative SMEs, SMEs that use specialized and sophisticated technologies to produce novel and unique products, SMEs with the “Little Giant” status that us specialized and sophisticated technologies to produce novel and unique products, potential unicorns, and unicorn enterprises. The maximum reward is RMB 800,000.

To reduce operational costs for enterprises, Chaoyang District will support enterprises in their R&D investments and multi-channel financing endeavors. The district will encourage enterprises to participate in overseas exhibitions and extend support to enterprises founded by returned overseas students (and foreign nationals coming to China). The aim is to assist enterprises in reducing operational costs and enhancing their brand influence, with a maximum reward of RMB 1 million.

To facilitate loan financing for enterprises, Chaoyang District will grant interest subsidies of up to RMB 1 million.

To improve the service ecosystem, Chaoyang District will incentivize the construction of SME service platforms and the enhancement of service quality and efficiency in carrier platform cultivation, with a maximum reward of RMB 2 million.

VI. Promoting High-Quality Development of Beijing Central Business District (CBD)

Chaoyang District will highlight the core functional strengths of the CBD as a hub for headquarters enterprises, an international financial cluster, and a consumption district with a scale exceeding RMB 100 billion. To elevate the competitiveness of the headquarters economy, Chaoyang District will encourage the establishment of new headquarters enterprises and functional headquarters, foster their specialized development, and support their cross-border trade endeavors. The maximum reward is RMB 5 million.

In building an international financial cluster, support will be given to initiatives that advance the application scenarios of e-CNY, encourage innovation and promotion of cross-border RMB business, and spur financial innovation in both outcomes and mechanisms.

In constructing a world-class international business district with a scale exceeding RMB 100 billion, support will be given to establish premium brand enterprises, cultivate emerging and service-oriented consumption, optimize the regional consumption environment, and enhance digital commercial service capabilities. The maximum reward is RMB 5 million.

In further attracting and leveraging foreign investment, support will be given to the expansion and upgrading of established enterprises, the establishment of Qualified Foreign Limited Partners (QFLPs), and the clustering of professional service agencies for foreign investment. The maximum reward is RMB 6 million.

In establishing a pioneering demonstration zone for a world-class business environment, Chaoyang District will prioritize support for the clustered development of high-end service industries and professional service agencies, encourage the creation of premium commercial office spaces, and refine international development models. The maximum reward is RMB 5 million.

VII. Attracting Talents to Promote Industrial Quality Enhancement and Upgrading

Chaoyang District will fully encourage various institutions to offer services aimed at attracting talent to establish new enterprises (or institutions) within the district. This includes focusing on key industrial sectors to attract diverse talents to found new businesses, as well as facilitating the introduction of international resources by encouraging the establishment of new international organizations, institutions, chambers of commerce, and the like. For each key enterprise or institution newly founded by a recruited talent that a service institution supports, the individual reward can reach up to RMB 5 million.