Liaoning Central Part Cities Complex Attracts Foreign Capital with Its Preferential Policy

In the economic field, along the Yalu River, there are one economic and technological development zone, two new and high-tech development zones, one industrial processing zone and one border trade zone, all approved by the state, and seven other development zones that

Preferential Policy Toward Investment And Recruitment

Major preferential policy toward enterprises with foreign investment and high and new technological enterprises: —A preferential 15 percent income tax reduction will be levied on foreign investment and high-tech and new technological enterprises in industrial parks. Those in operation for more than 10 years will be exempt from income

Preferential Policy and Tax Regulations Income Tax of Enterprises and Local Income Tax

*Newly-built joint ventures engaged in new and high technological enterprises shall enjoy a 15 percent reduction of income tax for two years, or a 24 percent reduction for two years and a 50 percent reduction in the following three years. A choice between the two may be decided by the said enterprises. **Service industry, those enterprises with a foreign capital of more than US$5 million shall be exempt from the tax

Stable Preferential Policy

The following preferential policiesare available for overseasbusinessmen who invest inLianyungang.1. Income tax The income tax rate on foreign-fundedenterprises shall be 30 percent. And in addition,a local surtax of three percent of the assessedincome tax shall be levied. In accordancewith the provisions of the State, the foreign-funded productive enterprises in Lianyungangwill be levied at the reduced rate of 24percent for income tax. If the productiveenterprises are engaged in technology-intensive or expertise-intensive projects, withforeign investment exceeding US＄30 millionand in a long payback period, or projects inthe energy, transport, or harbor

Study on China＇s Policy Text for Municipal Solid Waster Power Generation

Chinese government has initiated many preferential policies for supporting the circular economy, including the industry of municipal solid waste （MSW） power generation. This paper collects relevant policies for China＇s MSW power generation. It also analyzes the overall environment of policies for the MSW power generation from three aspects---the basic principles for China to develop MSW power generation, the operating mechanism and the specific preferential policies. The analysis establishes foundation for further research toward policy integration.

Preferential Policies in Langfang City for Foreign Investors

——A foreign investment production enterprise scheduled to operate for a period of 10 years or more may, upon approval by the tax authorities, be exempt from enterprise income tax in the first and second profit-making years and may be allowed a 50% reduction in the third to fifth years. ——As to the additional registered capital scheduled to operate for a period of 10 years or more from a foreign investment enterprise, it may, upon approval by the tax authorities, be

Preferential Investment Policies

1.Income tax is reduced at the rate of15 percent for foreign-invested enterprises.Income tax is exempt for two years startingfrom the first profitable year and halvedfrom the third to fifth year for those enter-prises with an actual business period of morethan 10 years. 2.Foreign-funded new and hi-techenterprises may enjoy another three years ofhalved income tax after the stipulated expi-ration of income tax exemption if the enter-prises are verified to be still new and hi-techones. 3.Foreign-funded export-orientedenterprises may enjoy a reduced rate of

Preferential Policies of Qinghai for More Foreign Investment

For the sake of attracting more foreign investment, the Qinghai Government issued the Preferential Methods for More Foreign Investment in Qinghai in 1992, which was amended on March 1, 1995. The main contents are as follows: ——Foreign-funded enterprises will enjoy superiority in the arrangement of supplies of water, electricity, gas, raw materials, materials, land, basic construction, transport, telecommunications, loans and labour.

PREFERENTIAL POLICIES OF TIELING TO ENCOURAGE FOREIGN INVESTMENT

Referring to related national andLiaoning provincial policies,theTieling Municipal Governmenthas put forward preferential policiesin the following areas to encouragethe development of foreign-fundedenterprises. 1. Productive enterprises wholly-orpartly-funded by foreign

Henan Province's Preferential Policies for Foreign Investment

1.Management of Foreign-invested Enterprises The Henan Provincial Government protects the autonomy of production and management of foreign-invested enterprises, and supports their management according to international advanced scientific methods.

Profits and Costs of the Development of Rural Cooperative Economic Organizations

Through analyzing the economic profits of rural cooperative economic organizations,the following conclusions are obtained.The rural cooperative economic organizations can get the economic profits which are in accordance with the demands of market-oriented economy.The rural cooperative economic organizations can benefit from sharing the knight service provided by the government;from reducing and avoiding various kinds of risks in operation and from applying the agricultural technology and standardization production.Besides,the organizations can share the profits bought along by the standardized production of agricultural production and their members can enjoy the profits bought by socialized service system.In addition,the rural cooperative economic organizations can enjoy the profits produced by the agricultural management integration strategy.What' more,they can increase profits by reducing the transaction costs;enlarging scale and enjoying the brand advantages.The analyses of the costs of the development of rural cooperative economic organizations mainly include the organizing costs,operation costs,restriction costs and cooperation costs.We think that the slow development of rural cooperative economic organizations is caused by their high operation cost and the impediment of external environment.In the end,the countermeasures on strengthening the research on the theory,promotion,education and training of rural economic cooperative organizations and intensifying the supports on the policies of rural economic cooperative organizations are put forward.

Does Cancellation of Preferential Tax Policy Reduce Foreign Direct Investment Inflows？

In light of recent tax cuts by the US, should China reintroduce a preferential tax policy to attract foreign direct investment？ This paper investigates whether China＇s 2008 tax policy change affected inward foreign direct investment. In contrast to previous studies, we break foreign investment down into suspect and real foreign investment using firm- level data from 1998 to 2008 and conduct a difference-in-difference estimation to determine the effect of the tax policy change on both types of foreign investment and compare these to the effect on domestic investment. The results show that the 2008 tax policy change reduced the amount of suspect foreign investment and its effect on real foreign investment was insignificant, indicating that foreign firms in China are more concerned with the investment environment and economic stability than taxes. Therefore, China should create a regulated business environment instead of readopting supernational treatment for foreign enterprises.

Views on the current tax policy of e-commerce in China

This paper provides an analysis of the current tax policy on e-commerce in China and points out that tax policy regarding e-commerce is not a‘vacuum.’Based on foreign scholars’research and analysis of relative elements,this paper concludes that the economic effects of tax policy on e-commerce do not need to be exaggerated.This paper further explains tax policies on e-commerce in foreign countries as models for China to follow.This paper suggests that we should clarify applicable tax policies for e-commerce,design tax policies under the framework of consumption tax reform,and put forward preferential tax policies that are beneficial to economic and business development,as well as presents some views on preferences that can be introduced at the current stage.

New Preferential Policies

At the closing ceremony of the Boao Cross-Strait Agricultural Cooperation Forum on October 17, Chen Yunlin, Director of the Taiwan Work Office of the Communist Party of China Central Committee, stated the preferential package which consists 20 detailed measures to promote cross-strait agricultural cooperation with the goal of benefiting Taiwan farmers. The policies are divided into the following four major parts: The mainland welcomes Taiwan investors, farmers and