Shanghai Circulates Incentive Policy 2.0 for Foreign-Invested R&D Centers

Authors: David TANG, Jun LI, Serina WEI

On October 16, 2017, Shanghai Municipal People’s government circulated the Several Opinions on
Further Supporting Foreign-Invested Research and Development Centers to Participate in
Shanghai’s Construction of a Science and Technology Innovation Center with Global Influence (Hu
Fu Fa [2017] No. 79, hereinafter “Opinions”), which can be regarded as a policy 2.0 to promote the
establishment and development of foreign-invested research and development centers (“R&D
Centers”) following the issuance in 2012 of the Several Opinions of Shanghai Municipality on
Encouraging the Establishment of Foreign-Invested Research and Development Centers by the
Shanghai Municipal Commission of Commerce, the Science and Technology Commission of
Shanghai Municipality and the Shanghai Municipal Development and Reform Commission.

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