The application process for the 2025 Nanshan District foreign investment project rewards is now open, with eligible companies standing to receive up to 10 million yuan (US$1.4 million), local authorities announced on Oct. 20.

According to the Nanshan District Enterprise Development Service Center, foreign-invested enterprises that utilized no less than US$10 million in foreign capital in the previous fiscal year are eligible for a reward equivalent to 1% of the actual amount used. The maximum reward is capped at 10 million yuan.

The application window runs until Oct. 29. Applications must be submitted online through the "Ai Nanshan Enterprise Service Comprehensive Platform."

To qualify, a company must be a foreign-invested enterprise with independent legal-person status that is legally and actually conducting business operations within Nanshan. The rewards exclude companies in the real estate sector, as well as those in finance and quasi-finance not included in the Ministry of Commerce's statistical caliber for actual use of foreign capital. Industry classifications are based on the "National Standard Industrial Classification of the People's Republic of China."

Applicants must also commit to not reducing their registered capital, not converting to a domestic enterprise, and not changing their data declaration location for a period of five years. Failure to honor these commitments will result in the reward funds being reclaimed by the district.