I. These are meant to encourage foreign business and investment and foreign capital and projects for the Kunming National Hi-tech Industrial Development Zone and to increase foreign capital utilization in the zone.

II. The provisions allow for awards for anyone who provides project information in the zone’s major industries and brings in capital.

III. Major industries in the high-tech development zone:

1. Nonferrous and precious metals and new materials

2. Bioengineering and pharmaceuticals

3. Aquatic sciences and environmental protection

4. High-end equipment manufacturing (general aviation)

5. New energy

6. New information technology

7. Finance

8. Culture and creativity

IV. Awards

These are based on the actual amount of foreign capital invested into the above areas:

1. An award of 2‰ of total paid-in investment of up to $10 million.

2. Award of up to 500,000 yuan, equal to 2‰ of paid-in investment of $10 million, plus 1.5‰ of paid-in investment above $10 million.

3. Award of up to 500, 000 yuan, equal to 2‰ of total paid-in investment above 50 million yuan.

4. All the above are pre-tax profits.

V. Actual paid-in investment refers to investment in projects and can, include the company’s registered capital, land purchases, exploration and design costs, fixed-asset investment in construction and decoration, equipment, support facilities, production qualification and permission expenses.

VI. Applying

1. Submit an Application of Rewards for Attracting Businesses and Investment form and written introduction along with copies of business license and related certificates and documents.

2. The investment promotion department will verify the application materials within 10 work days upon receipt and submit an opinion to the administrative committee of the hi-tech development zone for approval and will inform the applicant within 10 work days.

3. Any award for introducing foreign investment will be paid in yuan, when the application is approved.

VII. These interim provisions will apply for one year, with the Kunming High-tech Development Zone and Investment Promotion Department responsible for interpreting them.