Beijing Rules multinational Company headquarters

Multinational corporation headquarters in Beijing in accordance with the relevant provisions of the Beijing Municipal Business Council to implement the methods of senior management staff to handle the Peking account may not be subject to academic qualifications, age and other restrictions on the new company in Beijing or new relocation to the regional headquarters, the maximum subsidy of 10 million yuan.　　This morning, the Beijing Business Council published a number of measures to encourage multinational companies to establish regional headquarters in Beijing. "Implementation measures" stipulates that the multinational companies in Beijing new or new to Beijing's regional headquarters, the maximum subsidy of 10 million yuan, rental office housing 1th-year subsidy 30%, self-built or purchase office room per square meter subsidy of 1000 yuan; to the regional headquarters with annual operating income exceeding 1 billion RMB,　　The highest award of 10 million yuan, to the regional headquarters of the 1 main principals in the name of municipal government to award the highest annual 1 million yuan. In addition, the "Implementation approach" contains specific policies for the introduction and award of talents, and facilitates measures for the movement of persons, such as entry visas and residence.　　such as regional headquarters executives can not be subject to academic qualifications, age and other restrictions on Beijing hukou, the regional headquarters of foreign senior management and technical personnel, can handle no more than 5 years of multiple entry visas, for a period of 5 years of residence permits for foreigners. At present, Beijing has approved a total of multinational companies with regional headquarters of the nature of the foreign investment company 164, most of the world's top 500 enterprises. The identified multinational company regional headquarters 41.　　Foreign-invested companies settled in Beijing mainly focus on electronics, communications, machinery and other fields, mainly from Japan, the United States, Europe and South Korea.　　It is also understood that in January-May this year, the two main indicators of Beijing's absorption of foreign investment compared with last year's flat slightly increased, the contract foreign 4.05 billion U.S. dollars, an increase of 3.1%, the actual use of foreign capital 2.95 billion U.S. dollars, an increase of 4.1%. At the beginning of the year, Beijing set a target of 6 billion U.S. dollars in actual absorption of foreign capital, more than half of the time to complete the task.