Notice of Issuing Implementation Measures for Encouraging Technological Innovation in Guangzhou Municipal Nansha District (Sui Nan Fu Ban Gui [2025] No. 3)
13 January 2025
On 13 January 2025, the Office of the People’s Government of Nansha District of Guangzhou Municipality (“the authorities”) issued the “Notice of Issuing Implementation Measures for Encouraging Technological Innovation in Guangzhou Municipal Nansha District” (“the Measures”). The Measures announced that enterprises with research and development expenditure no less than RMB 1 million and accounts for no less than 3% of the total expenditures during the year, and the research and development expenditure is growing comparing to the previous year shall be provided with reward fund up to RMB 3 million based on 5% of the annual research and development expenditure of the enterprise. These Measures shall be effective for 3 years.