Sanya recently issued a new reward policy to encourage more financial institutions to settle in the city.

According to the new policy, an annual fiscal budge of no less than 20 million yuan will be allocated to subsidies and rewards to support the development of Sanya’s finance industry.

Enterprises that base their headquarters or regional headquarters in Sanya will be rewarded a lump sum subsidy of 2 million yuan. Besides, financial institutions or banks that base their branches in Sanya will receive a sum total of 2 million yuan.

Meanwhile, enterprises with outstanding financial performance will be given rewards based on their performance levels; the three top-performing financial institutions will be awarded 500,000 yuan, 300,000 yuan and 200,000 yuan, respectively.


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