with the Management Committee of Changzhou Creative Industries Park (CCIP) in order to support the development of creative industries in Changzhou.
This initiative mainly focuses on corporate headquarters located in the CCIP which may receive incentives ranging from 2 million to 5 million yuan according to their progress. For enterprises listed in the equities quotation system for SMEs (also known as ‘Q board’) at Shanghai Equity Exchange (SEE), there will be a one-time reward of 50,000 yuan; and for those listed in the equities exchange system (also called ‘E board’) at SEE, there will be a one-time award of 500,000 yuan.
As for key projects, enterprises receiving equity investments from the capital funds for creative industries will be rewarded 5% of credited investment, mobile games with good prospects will be granted subsidies between 50,000 to 500,000 yuan, and animation outsourcing businesses will be awarded 3% of their annual outsourcing revenues.
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