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Regulations of Nanchang Municipality on Science and Technology Investment (revised in 2009)
Chapter 1 General Provisions? Article 1 In order to ensure the investment in science and technology, strengthen the management of science and technology funds, accelerate the progress of science and technology, and promote economic construction and social development, these Regulations are formulated in accordance with the provisions of the Law of People's Republic of China (PRC) on the Progress of Science and Technology and other relevant laws and regulations, combined with the actual situation of this Municipality. ? Article 2 The term "scientific and technological investment" as mentioned in these Regulations refers to the capital investment in scientific and technological development, transformation of scientific and technological achievements, scientific and technological services, scientific and technological infrastructure construction, scientific and technological promotion and awards. ? Article 3 These Regulations shall apply to state organs, social organizations, enterprises and institutions, other organizations and individuals in cities, counties and districts. ? Article 4 Establish and improve a multi-channel scientific and technological input system, such as government funding, self-financing by enterprises and institutions, bank loans, social donations and introduction of foreign capital. ?

Guide and encourage enterprises and institutions to increase investment in science and technology, so that it will gradually become the main body of investment in science and technology. ? Fifth gradually improve the overall level of science and technology investment in this city, so that the investment in science and technology can adapt to the development of science and technology, economy and society in this city. The per capita investment in science and technology in the city should be higher than that in the whole province, and the proportion of R&D funds in the city's GDP should reach more than 2%. Article 6 Investment in science and technology shall adhere to the principles of scientific demonstration, optimizing investment, supporting key points, paying attention to benefits and earmarking funds. ? Article 7 The people's governments of cities, counties and districts shall strengthen their leadership over the investment in science and technology and incorporate it into the local plans for national economic and social development. Eighth city, county and district administrative departments of science and technology shall be responsible for the guidance, management and coordination of scientific and technological input within their respective administrative areas. ?

City, county, district finance department is responsible for the preparation of the financial science and technology funds budget, and the use of inspection and supervision. ?

City, county, district development and reform, economy and trade, agriculture and other relevant administrative departments and science and technology associations shall, in accordance with their respective responsibilities, do a good job in the management of science and technology investment. ? Chapter II Investment in Science and Technology? Ninth science and technology investment mainly includes:

(a) financial funds for science and technology;

(two) science and technology funds raised by enterprises and institutions;

(three) funds allocated by the state to enterprises and institutions for the development of science and technology;

(four) science and technology funds borrowed by financial institutions;

(five) scientific and technological funds invested, funded and donated by domestic and foreign organizations and individuals;

(6) Other scientific and technological funds. Article 10 The municipal, county and district people's governments shall increase the investment in financial science and technology funds to ensure that the growth rate of financial science and technology funds is higher than the growth rate of financial recurrent revenue at the corresponding level.

The funds for applied technology research and development, industrial technology research and development, and transformation and diffusion of scientific and technological achievements arranged by the people's governments of cities, counties and districts account for more than 1.5% and 1% of the fiscal budget expenditure at the corresponding level respectively.

The people's governments of cities, counties and districts shall incorporate the construction of scientific research infrastructure into the capital construction investment plan and make overall arrangements.

The people's governments of cities, counties and districts shall arrange funds for popularizing science and technology according to the standards of not less than 0.6 yuan and 0.5 yuan per person per year in the areas under their jurisdiction. Eleventh relevant government departments should arrange a certain proportion of production, construction and development funds for scientific and technological research and development and the transformation of scientific and technological achievements. ? Twelfth encourage enterprises and institutions to increase investment in scientific and technological research and development funds. The scientific and technological research and development funds of enterprises are included in the cost according to the relevant provisions of the state.

The proportion of annual R&D expenditure of enterprises in the sales revenue of that year. The sales revenue of high-tech enterprises is not less than 6%, the sales revenue of 50 million yuan to 200 million yuan is not less than 4%, and the sales revenue of 200 million yuan is not less than 3%; Other enterprises shall not be less than 1%, among which large enterprises or enterprise groups shall not be less than 3%. Article 13 Enterprises and institutions engaged in technology transfer, technology development, technical consultation, technical service, new product development and high-tech import and export business shall, in accordance with the relevant provisions of the state, reduce or refund taxes, and all of them shall be used for scientific and technological investment except those allocated to individuals according to laws, regulations and policies. ? Article 14 Scientific research institutions shall draw a certain proportion of funds from after-tax profits for reinvestment in research and development. ? Fifteenth encourage financial institutions to increase science and technology loans, increase the proportion of science and technology loans, and give priority to providing loans for science and technology projects. Sixteenth approved by the relevant departments, scientific research institutions can take the form of joint-stock system and issuing bonds to raise funds for science and technology from the society. ? Seventeenth to encourage domestic and foreign organizations and individuals to invest, donate and support the development of science and technology in this city. Organizations and individuals at home and abroad who invest, donate or finance the development of science and technology in this Municipality shall enjoy relevant preferential policies in accordance with state regulations. ?

Encourage enterprises and institutions to introduce domestic and foreign funds to invest in science and technology through joint ventures, cooperation and equity participation. ? Article 18 The municipal, county and district people's governments shall set up scientific and technological venture capital funds, scientific and technological achievements transformation funds and technological innovation funds for small and medium-sized scientific and technological enterprises. Fund management shall be implemented in accordance with state regulations; Where there are no provisions in the state, the provisions of the provincial and municipal people's governments shall prevail. ?

Encourage enterprises and institutions, domestic and foreign organizations and individuals to set up various science and technology funds to support scientific and technological research and development. ?