Notice of Issuing the Support Measures for Promoting High-quality Development of the Commercial Space Industry in Guangzhou Municipal Nansha District (Sui Nan Kai Guan Ban Gui [2025] No. 2)
09 April 2025
On 9 April 2025, the Office of the Guangzhou Nansha District Administrative Committee and the Office of the People’s Government of Guangzhou Nansha District (“the authorities”) issued the “Notice of Issuing the Support Measures for Promoting High-quality Development of the Commercial Space Industry in Guangzhou Municipal Nansha District” (“the Measures”). The authorities announced that commercial space enterprises with research and development expenditure exceeding RMB 1 million in the previous year, and the proportion of research and development investments exceed 10% and 30%, shall be provided with subsidies amounting to 10% and 20% of research and development expenditure, respectively, not exceeding RMB 10 million per enterprise per year, and cumulative subsidy not exceeding RMB 50 million per enterprise. These Measures shall be effective until 20 December 2027.