Invest at Putuo City of Zhoushan County, Zhejiang Province
Located at the northeast of Zhejiang Province and the southeast of Zhoushan Islands, Putuo City is named after the famous Buddhist shrine Putuo Mountain within its district. Putuo is an island city consisting of 455 islands, with total area 6728 square kilometers and shoreline length 831.43 kilometers. It is gifted with abundant natural fishing resources, navigable shores, beautiful landscapes and pleasant climates, and has been known as “the pearl of East China Sea”. To attract future leaders of ocean economy, Putuo has established a start-up base for oversea talents – highly ranked among the province-level high-tech industry parks – under the guidance of the sci-tech bureau of Zhejiang Province. Awards of 3 million, 2 million and 1 million are available for entrepreneur projects at “outstanding”, “important” and “general” recommendation levels and will be awarded at registration, mid-term audition and industrialization stages of start-ups. Working and living spaces with reduced rents for three years will be provided to leaders currently do not have infrastructure and accommodation within Putuo City. If investment is in the form of technology transfer, it can be valued at no lower than 30%but no higher than 70501750504f the initial registration book value and converted to stock after evaluation and with the agreement of all investing parties. We sincerely welcome and encourage new entrepreneurship from broad areas including information technology, biomedical technology, ocean biotechnology and new material technology to invest and startup at Putuo.