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Incentives Method for Speeding-up the Development of Green Energy Industry in Tianjin Binhai Hi-tech Industrial Development Area
No. 2 [2008] Issued by MC Tianjin

Item 1st: In order to intensify the efforts to support green energy enterprises and accelerate the development of the green energy industry, the Administrative Committee of Tianjin Binhai Hi-tech Industrial Development Area (hereinafter referred to the Administrative Committee) formulates this incentives method.
Item 2nd: The incentives method indicates to the green energy industry, it mainly refers to the green chemical storage batteries, fuel cells, long-life semiconductor illuminating products, large wind power generation equipments, coastal and land-based wind power plant and the building technology and equipments of wind energy resource-intensive area in western-china, Cost-effective solar photovoltaic cells and the use of solar thermal power generation, building integrated with solar energy, biomass and geothermal energy development and utilization, as well as other industries and so on.
Item 3rd: this method applies to the Hi-tech enterprises of industrial and commercial registration and tax registration, which focus on the green energy industry research and development, production and service, and is including the lower and upper stream enterprises supporting for the green energy industry within administrative region.
Item 4th: For the new enterprises in the green energy industry, which is cognized as the Hi-tech enterprises that, since its operation onwards, the first year to the third year, the payment of its district finance capital gains tax and income tax revenues total will be more than RMB 300,000 yuan a year, and it shall get a financial support to be equivalent to the amount that exceeds; From the fourth to sixth year, if the payment of its district finance capital gains tax and income tax revenues total will be more than RMB 300,000 yuan a year, it shall get a financial support to be equivalent to a 50% of the amount that exceeds. The major financial support received shall go to the research and development of the enterprise.
Item 5th: The Administr

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