QUZHOU, China, May 26, 2023
/PRNewswire/ -- This is a report from China.org.cn
Quzhou, a city in eastern China, is offering generous rewards to lure
top enterprises and high-quality talent in order to increase its
competitiveness in various fields.
The city has set three tiers of rewards with respective cash
prizes of 6 million yuan ($850,872), 4 million
yuan, and 2 million yuan to
high-tech enterprises and projects.
Senior executives and key R&D staff at Fortune 500 companies
and multinational corporations which utilize more than $10 million of foreign capital in Quzhou or
introduce more than 500 million yuan
of fixed assets to the city are eligible for governmental
incentives based on a recommendation mechanism.
Adjacent to Shanghai,
Hangzhou, Ningbo, Yiwu, and other Chinese metropolises,
the 1,800-year-old city is well served by a transportation network
integrating high-speed railways, expressways, air transportation,
In recent years, Quzhou has developed rapidly, creating six
major industrial chains in new materials, new energy, integrated
circuits, intelligent equipment, life and health, and special
paper. It has also built four industrial parks, namely the
Intelligent Manufacturing New City, the Smart New City, the Airport
New City, and the Quzhou Innovation and Entrepreneurship Platform.
In addition, Quzhou has partnered with Beijing, Shanghai, Shenzhen, and Hangzhou in a new "R&D plus manufacturing"
Those who would like to invest in
Quzhou or are interested in learning more about Quzhou's
pro-investment policies can contact the Quzhou Council for the
Promotion of International Trade by phone at +86-570-8021017 or by
email at email@example.com. (Xu
Chinese city lures talent and firms with lavish perks