Shenzhen Foreign Investment Incentive Program (2026-2029)
Published: January 1, 2026
Executive Summary
Shenzhen launched an aggressive foreign investment incentive program effective January 1, 2026, offering 1%-3% cash incentives on new foreign investment exceeding USD 50 million, capped at RMB 50 million per year. The program is valid through 2027 for qualifying investments made between 2023 and 2027.
Key Points
Cash incentive: 1%-3% of new foreign investment amount exceeding USD 50 million threshold
Annual cap: Maximum RMB 50 million per qualifying enterprise per year
Eligibility window: Investments made between 2023 and 2027 qualify, with claims accepted through 2027
Priority sectors: Advanced manufacturing, R&D centers, regional headquarters, and modern services
Shenzhen's program is among the most generous municipal-level FDI incentives in China
Combined with existing GBA cross-border talent benefits for a comprehensive investment package