Issued by:    Shanghai Municipal Commission of Commerce, Shanghai Municipal Finance Bureau
Issue No.:    Hushanggui [2025] No. 3
Release Date:    August 27, 2025
Effective date:    September 1, 2025
Links:    https://www.shanghai.gov.cn/gwk/search/content/e2ba6b0072c14f61af8294fbab6cf05b
The 2025 Edition of the "Measures" has comprehensively restructured the types of financial support. In addition to supporting regional headquarters, business division headquarters, and global R&D centers, it newly includes support for "open innovation platforms." The main revisions are as follows:
Rental subsidies under the 2024 Edition have been abolished.
"Establishment subsidies" have been renamed as "early-stage support subsidies." The eligibility criteria remain largely consistent with the "establishment subsidies" under the 2024 edition. Applicants must submit applications for early-stage support subsidies within three years after being recognized as regional headquarters, business division headquarters, or global R&D centers.
More detailed conditions have been set for high-level rewards, with new requirements including managing at least three overseas enterprises and undertaking at least two functions.
A one-off upgrade reward of RMB 10 million has been newly introduced for eligible global headquarters of business divisions.
New rewards are introduced for R&D innovation, treasury management, procurement and distribution functions, and innovation platforms.