Special Policy Support

  SIP enjoys high authority in terms of project approval. SIP can approve  independently all foreign-invested projects so long as they are in line with national  policy. It normally takes 3 working days to complete the company incorporation process.
   
  SIP possesses 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 trip application, issue official duty passports,  apply for visas from foreign embassies in China and issue visa notification letters 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 formed the only regional Provident Fund  (PF) scheme in China. The scheme is based on personal account deposit, which covers areas such as medical, housing, retirement and social assistance. This gives companies in SIP the winning edge of controlling labour cost and retaining talents.

  SIP is equipped with a complete and modern logistics system. There is an independent customs and a Bonded Logistics Center (Type B) that is the first to be approved in China. SIP has been a trial area for modern logistics and the pioneer in using the EDI system for customs clearance in China. SIP also has one of the first .

  Export Processing Zones approved by the State Council. In addition, with the virtual airport mode using the Air-Land Trans-shipment Model, the customs clearance and freight transportation time from port-to-door can be further shortened to 5 hours.