Transcript Dr. Yu Xiong CEng, FRSA 20 Oct 2011, London

20th Oct 2011, London
Dr. Yu Xiong CEng, FRSA
Director, China Management Research institute
Executive Chair, China Innovation and Development Association
A Thousand
Talents Scheme
Tianjin
530
Scheme
Wuxi
100 Two River
Scholar
Chongqing
3551
Scheme
Wuhan
5050
Scheme
Hangzhou
Shaoxing
Ningbo
330 Scheme
A Thousand
Talents Scheme
Tian Jin TEDA
Yun Nan S&T department
Chongqing.
Party,
Secretary Bo
Xilai
Guangxi HR Deparment
www.cidauk.org
Company Logo
Timescale
Number of
Projects
Annual Budget
Shaoxing
2010 - 2013
30
No ceiling
Wuhan
2011 - 2014
No ceiling
150million RMB/year
Wuxi
2009 - 2014
50
No ceiling
Hangzhou
2010 - 2015
50
No ceiling
Ningbo
2009 – 2014/2019
No ceiling
50million RMB/year
Tianjin
2011-2016/2021
No ceiling
35million RBM/year
• Technology
•
Patent
• Projects
•
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photoelectron information industry
bio-industry
telecommunication & IT
e-Business
clean technology
modern equipment manufacturing;
• Capital
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Register capital no less than government funding
Applicant should own more than 30% share of company
• Others
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Applicant work in China no less than 6 months per year
• Hangzhou & Shaoxing:
•
•
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Category A: 5million RMB
Category B: 1million RMB
Category C: 0.5million RMB
• Wuxi :
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Category A: 1million RMB + 3million VC
Category B: 600k RMB + 1.5million VC
Category C: 400k RMB + 1.5million VC
• Ningbo:
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National: 1million – 5million RMB
Local: 100k – 500k RMB
• Tianjin:
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500k-1.5million RMB
• Wuhan:
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One-off: 5million RMB (Hi-tech projects: +5million VC)
• Hangzhou & Shaoxing: 2-year interest-free loan
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Category A: up to 5million RMB
Category B: up to 3million RMB
Category C: up to 2million RMB
• Wuhan:
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50% interest refund (no ceiling)
• Wuxi:
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2-year interest-free loan up to 5million RMB
• Ningbo:
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2-year subsidies up to 3million RMB
• Tianjin:
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Loan guarantee
• Hangzhou:
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Financial aid: up to 1 million
Rent reimbursement: 3-year, 500㎡office space + 100 ㎡apartment
• Wuxi :
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Financial aid: up to 3 million
Rent reimbursement: 3-year, 100 ㎡office space + 100㎡apartment
• Ningbo:
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Tax subsidies: year 1: 70%, year 2: 50%, year 3: 30%
Project team: if more than 3 members, +1 member = +100k (up to
500k)
• Shaoxing:
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Healthcare ‘green card’
Children can go to public school
1.
2.
3.
Investigation of the employability and
entrepreneurship opportunities in
Chongqing’s two river new zone. What’s the
implication to the UK?
Establish the China UK International
Entrepreneurship School.
Further development the China UK
Entrepreneurship Competition.
Past year photos:
2008 Launch at Chongqing
University by CAST
2009 Launch at CAST
Headquarter by CAST
Past year photos 2009:
2009 Award Ceremony, 1st
Prize by Deputy PPCC
leader of Chongqing
2009 Award Ceremony, 2nd
Prize by Prof. Richard
Harrison
Past year photos 2010:
2010/2011 Launch at Sichuan
International Studies University
2010/2011 Final of China Division
Mr. Tu Jingping, Secretary
General of Chongqing
Municipal Government
Mr. Mengxin Sun, Director of
International Department,
China Association for S&T
Fundraising Models: Sources of Funding
Investment of 17 million RMB
Government
Venture
Funding
Capital
6.5million
8 million
Private
Investor
0.5 million
Student track: 13 million
Business track: 4 million
Partnership
2 million
The 3rd Sub-Provincial Economic Zone in China, established
from 18th June, 2010.
2.
A Zone for High-Tech R&D, Manufacturing, and Modern
Service Industry.
3.
960 Square Kilometers.
4.
In Next five years, 1000 billion RMB investment.
200 of world top 500 settle down.
Gross Output Value of Industry, 100 billion British Pounds.
Take 80% of Chongqing’s Foreign trade.
5. One third of the world laptops produced in Chongqing.
“5+6+700” five top brands, six OEMs, and 700 Component
manufacturers.
1.
Became the S&T Centre along the
Yangzi River
A 1,500 acres China UK Life Science Park,
Thanks you!
[email protected]
www.cidauk.org