Subsidies and allowances
Bao’an will provide high-level talents identified by Shenzhen Municipality with matching subsidies from both the district and the city. For example, if a high-level talent relocates to Bao’an, he will receive a total of 12 million yuan (US$1.91 million), 6 million yuan from the city and 6 million from Bao’an District.
Newly identified high-level talents of Bao’an District will receive a living allowance of 200,000 yuan. Graduates from elite schools will receive a one-off award. High-level talents working in the field of education and medicine and health may also receive an allowance as high as 3 million yuan.
The district also focuses on introducing “Phoenix Teams” that align with the industrial development of Bao’an and enjoy great market potential. After being assessed and identified, the teams will receive a one-off grant of 3 million yuan.
Top talents and innovation teams of the “Thousand Talents Program” will receive a support subsidy of 10 million yuan. Talents in the “Thousand Talents Program,” “High Level Talents Special Support Plan” and Guangdong leading talents will also receive a startup subsidy of 1 million yuan. Guangdong innovation and R&D teams and “Peacock Teams” will receive a one-off support subsidy of as high as 8 million yuan.