06 November 2024
On 6 November 2024, the Office of the People’s Government of Dongguan (“the authorities”) issued the “Notice of Issuing “Several Policy Measures for Making Greater Efforts to Attract and Utilize Foreign Investment in Dongguan Municipality”” (“the Measures”). The Measures announced to support multinational corporations in clustering operations and expanding functions in Dongguan Municipality. Regional headquarters of foreign multinational enterprises recognized by the Province, with total annual actual foreign investment amount of USD 10 million or more (excluding financial and real estate enterprises), shall be granted a one-off reward of RMB 5 million for each enterprise.