China's Preferential Policies for Foreign Investment

The Chinese government has and will continue to adopt a series of policies and measures that encourage foreign investment, according to Shi Guangsheng, minister of foreign trade and economic cooperation.

Shi, who spoke at the Fourth China Fair for International Investment and Trade, which opened Friday in the Xiamen Special Economic Zone in east China's Fujian Province, said that the Chinese government will be dedicated to the cultivation of a stable and comfortable environment in order to attract more foreign direct investment (FDI).

The Chinese government first of all, encourages the technical development and innovation of foreign-invested enterprises (FIEs), Shi said. Research and development equipment, supporting technology, accessories and spare parts imported by foreign investors for self-use may be exempted from tariff and import linkage tax.

Enterprises whose investment in technical development witness an increase of over 10 percent over that of the previous year, upon approval, are allowed to offset the taxable income for the year with 50 percent of the actual value of their technical development investment.

Foreign-invested enterprises also enjoy preferential treatment in transferring technology into China and buying equipment developed in China.

Secondly, Shi said, the Chinese government encourages foreign businessmen to invest in the central and western regions of China. Foreign investment in the projects listed in the "Priority Industrial Catalogue of Foreign Investment in the Central and Western Region" offer preferential policies.

Enterprises investing in these areas will not be required to pay tariff and import linkage tax on equipment, supporting technology, accessories and spare parts imported for self-use.

Shi said, there will be more areas attracting foreign investment in the central and western regions, while the conditions setting up FIEs will be relaxed and the same is true with the equity holding proportion of FIEs.

The FIEs in central and western China will receive an extended reduction and exemption period for corporate income tax. Reinvested projects in the central and western region by FIEs with foreign capital exceeding 25 percent can enjoy the same treatment as FIEs.

The FIEs in the coastal areas are allowed to contract the operation and management of FIEs and domestic-funded enterprises in the central and western regions.

At the same time, according to China's commitments in the WTO accession, the Chinese government will gradually open areas in service trade to the outside world. Foreign direct investment (FDI) absorption will further promote commerce, foreign trade, finance, insurance, securities, telecommunication, tourism and other fields.

The geographic location of foreign-funded retail enterprises has been expanded to provincial capital cities, municipalities directly under the administration of the central government and Special Economic Zones (SEZs) all over China. The FDI attraction in foreign trade sectors will also be further enlarged on the basis of accumulative experience.

The Chinese government will also allow qualified FIEs to go public in China's A stock and B stock market. Investment companies in China established by multinationals will be allowed to expand their scope of operations. Value appraisal of imported equipment of wholly foreign owned enterprises will be straightened out and adjusted. Policies that are not conducive to absorbing foreign funds will be cleared and adjusted.

The Chinese government will actively explore new ways to expand foreign investment, perfect relevant laws and regulations and intensify the formulation of policy measures for foreign participation in the restructuring of Chinese enterprises to support and promote foreign involvement through mergers, acquisition or other methods.

China will continue to introduce technology, capital, managerial experience and operational systems to improve the ability and scale of FIEs, and the ability and scale of supporting production and services in state-owned enterprises (SOEs).

China will push forward the reform and development of SOEs and optimize the adjustment of technical and product structures.

(Xinhua)



In This Series

References

Archive

Web Link

主站蜘蛛池模板: 国产精品毛片va一区二区三区| 色噜噜久久综合伊人一本| 嫩的都出水了18p| 久久亚洲精品无码VA大香大香 | 日本高清中文字幕在线观穿线视频| 亚洲最大激情中文字幕| 男人的天堂在线免费视频| 国产69精品久久久久妇女| 国色天香网在线| 最近中文字幕高清中文字幕电影二| 伊人久久大香线蕉亚洲| 老司机亚洲精品影视www| 国产成人免费ā片在线观看老同学| 91女神疯狂娇喘3p之夜| 美团外卖猛男男同38分钟| 国产成人免费av片在线观看| 2022国产精品视频| 天天摸天天躁天天添天天爽| 中文字幕无码视频专区| 日本艳鉧动漫1~6全集在线播放| 亚洲中文字幕在线第六区| 欧美理论片在线| 伊人电影综合网| 精品久久久无码中文字幕天天| 国产色无码专区在线观看| selao久久国产精品| 成年1314在线观看| 久久亚洲国产精品五月天婷| 日韩高清在线观看| 亚洲乱码国产乱码精品精| 色哟哟免费在线观看| 国产成人久久777777| 超清首页国产亚洲丝袜| 国产自产2023最新麻豆| 99精品国产在热久久婷婷| 日韩欧美在线不卡| 亚洲制服丝袜在线播放| 欧美成人www在线观看网页| 亚洲第一综合天堂另类专| 特级全黄一级毛片视频| 免费成人激情视频|