Qianhai Launches Measures to Support the Development of R&D Centers
Shenzhen Qianhai Authority recently released Several Measures of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone to Support R&D Centers (Trial), launching series of measures to support the development of R&D centers. The relevant measures shall be implemented from 13 September 2025 until 31 December 2027. The major supporting measures are as follows:
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Eligible R&D centers may receive one-time R&D reserve funds up to RMB2 million, while global R&D centers established by multinational companies may qualify for additional support of up to RMB6 million. R&D reserve funds will be distributed over 3 years in allocations of 40%, 30% and 30%.
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R&D centers may also obtain support covering 20% of their direct R&D costs, depreciation expenses, long term deferred expenses and intangible asset amortization expenses actually incurred in the previous year’s R&D activities in Qianhai, which is capped at RMB3 million.
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Eligible global R&D centers of multinational companies may enjoy two years of rent exemption and a 70% discount based on the market reference rent price in the third year. Eligible corporate R&D centers may enjoy one year of rent exemption and a 50% discount based on the market reference rent price in the second year.
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R&D centers shall apply for office space based on an average of 20 square meters per person. Areas exceeding the forgoing standard are not eligible for the above preferential rent policies. Rents will be charged at 50% of the market reference price for the exceeding areas applied for by global R&D centers of multinational companies and at 70% of the market reference price for the exceeding areas applied for by corporate R&D centers.
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Shenzhen Science and Technology Innovation Bureau will provide funding support up to RMB30 million per project for qualified leading projects, and up to RMB100 million per project for demonstration projects.
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R&D centers must satisfy the requirements such as being registered and substantially engaged in R&D activities within Qianhai, with cumulative total R&D investment of no less than USD2 million or RMB15 million in Shenzhen, and no less than 20 full-time research and experimental personnel.
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Global R&D Centers of multinational companies must satisfy the following requirements as well: with cumulative total R&D investment of no less than USD10 million or RMB70 million in Shenzhen and the R&D results must be successfully applied for intellectual property rights by the R&D centers or other branch offices established and actually operated in Qianhai.
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