Xinyang Economic Development Zone
Xinyang Economic Development Zone is a Hi Tech Park located in Xinyang, China, established in 2004, regulated by the Xinyang National High-tech Industrial Development Zone Management Committee.
Key Facts
| Type | Hi Tech Park |
|---|---|
| Location | Xinyang, China |
| Year Established | 2004 |
| Companies | 280 |
| Governing Authority | Xinyang National High-tech Industrial Development Zone Management Committee |
| Status | active |
Investment Incentives
The zone offers preferential policies for high-tech enterprises, including a reduced corporate income tax rate of 15% (compared to the standard 25%), R&D expense super deductions, and various financial incentives and subsidies from provincial, municipal, and district governments. These benefits include one-time rewards for newly recognized high-tech enterprises and additional incentives for industrial enterprises that meet specific size criteria.
Sector Focus
Xinyang Economic Development Zone hosts businesses specialising in Agriculture and Manufacturing.
About Xinyang Economic Development Zone
The Xinyang National High-tech Industrial Development Zone is a high-tech industrial park located in the eastern part of Xinyang City, Henan Province. It integrates high-tech development, electronic information industry clusters, and industrial clusters. The zone aims to promote mass innovation and entrepreneurship, cultivate new industries, and serve as a demonstration area for innovation-driven development and high-quality economic growth.
Frequently Asked Questions
What type of zone is Xinyang Economic Development Zone?
Xinyang Economic Development Zone is a Hi Tech Park.
Where is Xinyang Economic Development Zone located?
Xinyang Economic Development Zone is located in Xinyang, China.
When was Xinyang Economic Development Zone established?
Xinyang Economic Development Zone was established in 2004.
Who regulates Xinyang Economic Development Zone?
Xinyang Economic Development Zone is regulated by the Xinyang National High-tech Industrial Development Zone Management Committee.
What sectors operate in Xinyang Economic Development Zone?
Xinyang Economic Development Zone hosts businesses in Agriculture and Manufacturing.
What are the investment incentives at Xinyang Economic Development Zone?
The zone offers preferential policies for high-tech enterprises, including a reduced corporate income tax rate of 15% (compared to the standard 25%), R&D expense super deductions, and various financial incentives and subsidies from provincial, municipal, and district governments. These benefits include one-time rewards for newly recognized high-tech enterprises and additional incentives for industrial enterprises that meet specific size criteria.