Does Chongming in Shanghai subsidize the homestays participating in the Expo?

Yes The "Support Measures" clearly state that Chongming District will give investors 1 10,000 yuan for newly-built and expanded hotel projects put into use before the World Expo. For newly-built five-star listed or five-star standard large luxury hotels, 2 million yuan market cultivation subsidy will be given every year for three consecutive years after opening. For super five-star hotels or large hotels with more than 300 rooms, the subsidy standard will be increased by 50% on the basis of the above subsidies.