Measures to Support the Development of the Financial Sector in Chaoyang District

The following measures have been formulated to expedite the development of a modern financial system that aligns with the capital city’s strategic role, leverages Chaoyang District’s international strengths, keeps driving the opening-up of the financial sector, and improves the financial support policy framework.

Article 1

Chaoyang District will define a clear vision for the high-quality development of the financial sector, striving to build a model zone for the capital’s financial excellence. The district will focus on creating a world-class business environment for financial development. The priority is to attract and support key institutions and organizations of all kinds, including licensed banking, securities, and insurance financial institutions, financial holding groups, international financial organizations, financial infrastructure entities, key factor markets, and high-quality private equity funds. The objective is to make sustained efforts to cultivate an international financial industry system that is functional, integrated, and diversified.

Article 2

Chaoyang District encourages the establishment of new financial institutions by providing one-time establishment incentives. For newly established corporate financial institutions in Chaoyang District, a reward of up to RMB 25 million will be granted based on the paid-in capital.

For paid-in capital exceeding RMB 100 million but less than RMB 500 million (exclusive), a one-time reward of RMB 2.5 million will be granted.

For paid-in capital exceeding RMB 500 million but less than RMB 1 billion (exclusive), a one-time reward of RMB 5 million will be granted.

For paid-in capital exceeding RMB 1 billion but less than RMB 3 billion (exclusive), a one-time reward of RMB 10 million will be granted.

For paid-in capital exceeding RMB 3 billion, a one-time reward of RMB 25 million will be granted.

For flagship Sino-foreign joint ventures and wholly foreign-owned financial institutions with paid-in capital of less than RMB 100 million, the reward may be granted based on the threshold standard for RMB 100 million paid-in capital.

For newly established first-tier branches of financial institutions and second-tier branches of banks in Chaoyang District, a one-time reward of RMB 2 million will be granted.

Article 3

Chaoyang District encourages the development of financial institutions by providing incentives for capital increase. For financial institutions in the district that increase their paid-in capital by more than RMB 1 billion but less than RMB 10 billion (exclusive) in a single transaction, a one-time reward of RMB 5 million will be granted; for those that increase their paid-in capital by more than RMB 10 billion, a one-time reward of RMB 10 million will be granted.

Article 4

Chaoyang District supports the sustained and stable growth of financial institutions in the district. Compliant financial institutions that have operated in Chaoyang District for more than one year will be eligible for stability development incentives based on comprehensive evaluations of their business scale, talent cultivation, and social contributions. Each institution can apply six times, with each subsidy amount capped at RMB 5 million. For institutions that expand their operational scale, the above criteria may be applied accordingly.

Article 5

Chaoyang District encourages financial institutions to expand their business scale by providing business enhancement incentives. Financial institutions (including securities investment funds) that robustly support the high-quality development of the regional economy will be granted rewards based on the scale of their business expansion, with a reward of up to RMB 6 million.

Article 6

Chaoyang District will enhance guidance on project investment and support investment institutions.

Project investment rewards

For angel investment, venture capital, and equity investment institutions whose fund managers and managed funds are newly registered in Chaoyang District, rewards will be granted to fund managers based on their actual investment scale in supporting Chaoyang District’s service industries such as science and technology, finance, and cultural creativity, as well as high-tech and emerging industries such as integrated circuits and new energy. For an actual cumulative investment scale exceeding RMB 3 billion but less than RMB 5 billion (exclusive), a one-time financial support of RMB 5 million will be granted; for an investment scale exceeding RMB 5 billion, a one-time financial support of RMB 7.5 million will be granted.

Project exit rewards

For private equity fund managers and their managed equity investment funds (including QFLP pilot funds) established in Chaoyang District that achieve project exits, rewards will be granted based on a comprehensive evaluation of the institution’s fundraising scale, investment orientation, and scale of investment in Chaoyang District enterprises, with rewards of RMB 1 million, RMB 5 million, RMB 10 million, RMB 15 million, and RMB 20 million granted respectively based on the scores.

Promotion of international capital matching: A one-time reward of RMB 1 million will be granted to private investment fund management enterprises that have been approved for Beijing’s Qualified Foreign Limited Partner (QFLP) domestic investment pilot qualification or Beijing’s Qualified Domestic Limited Partner (QDLP) overseas investment pilot qualification, and whose managed pilot funds have completed registration with the Asset Management Association of China in accordance with the law.

Meanwhile, these pilot funds are encouraged to operate and develop in the district, and corresponding project investment rewards will be granted to fund managers based on the actual investment scale supporting the development of key industries in Chaoyang District. For funds that achieve an annual increase in actual investment of RMB 500 million in Chaoyang District’s key industries, a financial support of RMB 2 million will be granted.

Article 7

Chaoyang District supports financial institutions in participating in major regional projects. Financial institutions that provide robust support for the high-quality development of the regional economy will be provided with living conveniences and high-quality service guarantees, as well as support in areas such as public rental housing and medical resources.

Contact Information

For licensed financial institutions: 65978909-851/832

For project investment: 65090526