Notice from the Administrative Bureau of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone on Issuing the Detailed Implementation Rules for the Special Project Grants for High-end Maritime Service Industry

28 August 2019

The Administrative Bureau of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone published the above notice on detailed implementation rules on 28 August 2019 to encourage Hong Kong shipping companies to set up ship management businesses in Qianhai. Based on the actual gross tonnage of international ships managed in the preceding year, an eligible organization or company is qualified for a subsidy of RMB 10 per gross tonnage with a maximum of RMB 3,000,000 each year. The detailed implementation rules took effect in September 2019 and are valid until 31 December 2021.

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