Tailored Policy Package for Leading Incubators

The newly announced policy package includes six key provisions:

Expedited processing of port visa applications for foreign nationals invited by leading incubators to urgently enter Beijing for issues related to business, visits, or working;

Expedited processing of visa applications for foreign students invited to participate in internship programs at these incubators;Replacements with multiple-entry visas for foreign professionals invited by such incubators to engage in business negotiations, research collaborations, or project partnerships;

Streamlined processing of permanent residency applications for the eligible foreign talented individuals employed by leading incubators;

Flexible registrations for individuals who need to enter Hong Kong or Macao SAR for business purposes, including waived quotas on registrants, exemption from tax documentation, and more, along with one-year multiple-entry business endorsements for staff traveling to these regions;

And priority services at Beijing's "Yangfan" (扬帆) entry-exit service windows for incubators' employees, both Chinese and foreign, which offer appointment-free and queue-free options as well as expedited processing services, and allow applicants to submit the applications without providing all the required documents at once.

During the forum, a signing session was held for the projects of innovative incubation platforms and an innovative incubation alliance. A highlight was the establishment of the China-Africa Industrial Incubation Alliance, which will integrate industrial resources and promote two-way incubation. This initiative is set to help Chinese enterprises expand technology application scenarios and tap into new markets.
Source:BeijingService