Shanghai Municipality, Several Measures to Support Regional Headquarters of Multinational Corporations in Upgrading Their Capabilities

上海市支持跨国公司地区总部提升能级的若干措施

China regional headquarters in Shanghai that are upgraded to Asia-Pacific regional headquarters will be offered financial incentives / CLP Reference: 2300/25.02.17 ; Promulgated: 2025-02-17 ; Effective: 2025-03-01—2030-02-28

Promulgated: February 17, 2025
Effective: March 1, 2025 – February 28, 2030

Main contents: China regional headquarters that are upgraded to Asia-Pacific regional headquarters and that are endowed with at least two functions shall be awarded a one-time high capability incentive of RMB 3 million. Where recognition as the global headquarters of a business division is accorded, a capability enhancement incentive of RMB 10 million shall be awarded. Where a research and development, innovation or treasury management function is added to a headquarters, a one-time function incentive of RMB 3 million shall be awarded after an assessment as such is determined. Where recognition as an open innovation platform is accorded, a one-time innovative platform incentive of RMB 3 million shall be awarded. Headquarters are encouraged to hold global senior executive meetings, international training and other such high-profile business activities in Shanghai, for which they shall be awarded financial incentives based on type (Section Two (1)).

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