Special Policy Support

As a cooperative project promoted directly by the China and Singapore leaders, SIP, in its special position, is empowered with many unique policies and enjoys ferential policy advantages.

SIP has no upper limit on foreign investment approval. SIP can independently approve the project so long as the foreign investment meets the state industry policies. With transparent approval procedures and high efficiency, enterprises can get business establishment procedures done within 3 working days.

SIP has an efficient and flexible Foreign Affairs Administration Power.
Empowered by the Foreign Affairs Office of State Council and the Ministry of Foreign Affairs, SIP can approve overseas official duty trip application, issue official duty passports, apply for visa to  foreign embassies in China and issue visa notification to foreigners for entry into China, etc.

SIP has a sound social security system. It has adopted Singapore's experience of  the Central Provident Fund (CPF) scheme and personal account deposit, forming the only regional Provident Fund (PF) scheme in China. In this scheme, the government does not have the extra burden, employers need not incur extra expenses and employees do not suffer a reduction of income, solving a lifetime social security concern.

SIP  is equipped with a complete  modern logistic system. 
It is an experimental area for modern logistics and the pioneer in applying the EDI system to customs clearance in China. SIP is one of the first 15 Export Processing Zones approved by the State. SIP has an independent Customs. With the implementation of the air-land transshipment model, the custom clearance and freight timing can be shortened to 5 hours and thus reduce companies' logistic cost.