Recently, Liaocheng has issued the Incentive Measures for Social Investment Promotion in Liaocheng (Trial), which focuses on promoting investment promotion with high quality, speeding up the replacement of old growth drivers with new ones, and rewarding the referrers who introduce physical projects to Liaocheng and substantially contribute to the settlement of the projects.
The "referrer" as mentioned in the Measures refers to the first legal person or natural person (like an enterprise or social organization) that introduces a foreign investor to the city for investigation and plays a substantial role in promoting project negotiation. The qualification of the referrer is jointly confirmed by the foreign investor and the government at the same level to which the project belongs.
With regard to the scope and standard of investment projects, the total investment of general projects shall reach RMB 100 million, with the investment in fixed assets accounting for 50% or more and foreign investment accounting for 30% or more. The total investment of the projects invested by "little giants", national single champions in the manufacturing industry and national high-tech enterprises shall reach RMB 10 million or more.