Shanghai Municipality, Several Opinions on Further Supporting the Participation by Foreign-invested Research and Development Centers in the Establishment of Globally Influential Scientific and Technological Innovation Centers in Shanghai

Main contents: With reference to the Shanghai Municipality, Provisions on Encouraging the Establishment of Regional Headquarters by Multinational Corporations, global research and development centers with independent legal personality that have more than 100 research and development personnel will be offered Rmb5 million in startup assistance; for rent of office space not exceeding 1,000 square meters at a daily rate of not more than Rmb8 per square meter, they will be offered premises lease assistance of 30% of the rent for three years (Article 1).