Industrial enterprises that have lost their relocation value but have development value may, within the scope permitted by the state, directly attract investment, engage in real estate development and operation or set up other tertiary industries according to law. Article 5 Foreign businessmen or entrusted agents are encouraged to directly manage the grafting and transformation enterprises, provide convenient conditions for those who need permanent residence, issue foreigners' residence permits or temporary residence permits to overseas Chinese, Hong Kong and Macao compatriots, and help solve the problem of children's schooling or nursery. Article 6 If an industrial enterprise in the urban area stops production or business due to relocation, it shall pay basic wages to the registered employees within the relocation range from the date of relocation to the period of resumption of production. Enterprise relocation expenses are allowed to be amortized. Seventh China enterprises to attract foreign investment, the implementation of industrial grafting, enjoy the following preferential policies:
(1) If an enterprise in China invests all its assets, it will still retain its original legal person status, and open an account in a bank to handle various Chinese claims and debts and related matters. At the same time, the debt owed by the enterprise to the bank loan will be transferred to the newly established joint venture, and the joint venture will establish a new loan relationship with the bank.
(2) The Chinese enterprise takes the factory building as shares at a fixed price, and all the shares are reserved for the use of China's own funds within three years from the year when the joint venture begins to share profits.
(3) All kinds of projects for grafting transformation by Chinese enterprises with foreign capital need to be added with Chinese investment, which shall be included in the annual investment plan for technological transformation of enterprises and the credit scale of this Municipality, and banks shall give priority to loans.
(four) after the joint venture between China enterprises and foreign investors, the investment scale of fixed assets under construction of the former China enterprises is included in the plan, and the required construction funds are given priority support by professional banks or local investment companies.
(five) Chinese enterprises that implement the floating of total wages linked to economic benefits may appropriately reduce the base of total wages linked to economic benefits; The total wages are linked to the profits and taxes paid. If the profits of the joint venture after loan investment are less than the repayment amount of the current year, the difference that affects the total wages may be approved by the municipal labor department.
(6) Employees' bonus and welfare funds allocated by Chinese-funded special Sino-foreign joint ventures purchase dormitories for Chinese employees and are listed as Chinese fixed assets. The employee housing subsidy fund drawn from the costs and expenses by Sino-foreign joint ventures in accordance with the standards stipulated by the state shall be used for the construction and purchase of Chinese employee housing.
(seven) the surplus staff of the Chinese enterprise after grafting shall, in principle, be placed by the original enterprise. For the redundant workers with labor contract system, if I agree to terminate the labor contract in advance, I can pay a living allowance according to the regulations; The expenses of surplus personnel who really cannot be resettled shall be paid from the profits shared by the joint venture.
(eight) employees of enterprises owned by the whole people and collectively owned enterprises are transferred to Sino-foreign joint ventures, and the length of service is calculated continuously. Article 8 Industrial enterprises in the old urban areas are allowed to develop the tertiary industry in the original factory area and enjoy preferential policies for the tertiary industry according to the requirements of urban planning, and the increased income is used to supplement the matching funds for the utilization of foreign capital and the construction funds for the new factory area. Ninth city enterprise investment grafting transformation work leading group is responsible for the overall planning and organizational leadership of the city's enterprise investment grafting transformation work. Municipal Economic Commission, Planning Commission, Foreign Economic Commission, industry and commerce, taxation, customs and other departments should actively cooperate, make concerted efforts, and do a good job in the grafting and transformation of enterprises to attract investment.
All industrial bureaus should formulate investment promotion plans and urban enterprise relocation plans, and include them in their term goals. Article 10 The Municipal People's Government shall reward the units and individuals that have made outstanding contributions to the investment promotion and grafting transformation of enterprises.
Foreign investors who have made outstanding contributions to the investment and establishment of industries shall be awarded the title of "honorary citizen" by the Municipal People's Government. Article 11 These Provisions shall come into force as of the date of promulgation.