18 October 2024
The Human Resources and Social Security Bureau of Nanhai District of Foshan Municipality (“the authorities”) issued the “Notice in relation to Issuing the “Facilitation Measures for Entrepreneurship Stimulating Employment by the Human Resources and Social Security Bureau of Nanhai District of Foshan Municipality (Interim)” (“the Notice”) on 18 October 2024. The authorities proposed that a reward of RMB50,000 will be granted to entrepreneurial incubation bases in Nanhai District that are recognized by the Human Resources and Social Security Bureau of Nanhai District and are rated as “excellent” in operational assessments. The Notice shall be effective on 1 November 2024 and will be valid for 3 years.