¡ñ What is the "Business Incubating Center"?
It is a specific place within our high and New Technology Industry Development Zone reserved to Small and Medium-Sized Enterprises (SMEs). The Business Incubating Center can provide. inventors or technicians of high-tech projects low rental costs(Rmb 19-21/m2/month), utilities such as water, gas, telephone and power supply together with advice and training in management, law, data-processing from our business Center.

¡ñ What is its role within our New & high Technology Industry Development Zone?
The Business Incubating Center is public service system under the Administrative Committee of our Zone, constituting an important base to carry out commercialization and internationalization of scientific and technology achievements. In August1998, the Chinese Ministry of Science and Technology recognized our business Incubating Center as a state-level incubator.

The Business Incubating Center offers and appropriate and healthy environment without any kind of pollution to newcomers. After more or less two years of operation, when the firm starts creating added value, in accordance with the Zone's policy, a new location can be found for flourishing businesses. The role of Business Incubating Center can come down to a solid base for prosperous high-tech projects or to a cradle for promising SMEs, with numerous facilities at their disposal. Businesses focusing on scientific, electronic information fields, integration of machinery and electricity, biological engineering among other are strongly encouraged.

¡ñ What are the advantages to take part in the Business Incubating Center?
As one of the 53 Chinese High and New Technology Industry Development Zones, the Baoding Zone proposes the following preferential policy.
INCOME TAXATION
For enterprises with domestic investment: an exemption from income tax in the first two years of setting up. The income tax levied the third year will be returned by the Financial Bureau of Baoding High and New Technology Industry Development Zone. The following years, firms will be levied at the rate of 15%.

For enterprises with foreign investment: same conditions but from the fourth and fifth year, firms will be levied at the reduced rate of 7.5%, then the rate of 15% will be applied.

For enterprises involved in scientific research with an annual income over Rmb 300,000:exemption from income tax

VALUE-ADDED TAX
The rate of 25% levied on high-tech, state-level and province-level new products will be granted a rebate of one, two or three years.

EXTENSION OF PREFERENTIAL POLICY
After expiration of incubation period, enterprises can continue enjoying the preferential policy "two-year exemption and three-year reduction" while expanding their business and setting up their factories.

SPECIAL PREFERENTIAL POLICIES
For key as well as valuable projects,special policies or treatments will be afforded.
Added to this preferential conditions, our High and New Technology Industry Development Zone in the scope of the firm management system, encourages firms to employ young graduates. Indeed, each graduate with tenure of a master's degree can contribute to a 5% reduction on the income tax.

¡ñ What are the criteria to be included in such favored place?
To become members of our Business Incubating Center, your project has to be viable to be approved by our Committee. We select candidates according to the level of high technology and the potentiality of the project. We are open to any projection new and high-tech and will do our best to coordinate your plans with our zone's advantages and provide you the best place to lead you from our Business Incubating Center, "our nursery" to your own flourishing business.