National zones to get policy support

The Ministry of Commerce will formulate new policies to help national `c!AV:wvY

/FL)a{)z,E economic and technological development zones overcome difficulties following the j_a9|3O@J$Q
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unification of corporate income tax rates, a senior official said.
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J0aqpu"j:Q     Li Zhiqun, director of the ministry's fo
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] J1g;Y8gy&re ministry, together with the Ministry of Science and Technology and Legislative Txh W$Vy$t)e

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Ji0aL'rtNK Affairs Office of the State Council, will speed up work on the establishment of V n{TN

dL7ue"Q2h-M&h? n:H$X management polices for such zones.
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    Foreign investors in China's development zones now
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enjoy favorable taxation rates as well as tax waivers and incentives, compared
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to their Chinese counterparts. XtV2_ D3J ^

/JH A-}jj4_N;J     But according to a draft law the country will unify 1G` Qd6?r!wWD

+kS%\?_ J income tax rates for domestic and foreign companies and the favorable policies
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will also be scrapped.
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    Apart from taxation, the zones also face problems in k}D-n$L[V2O
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land resources and increases in labor costs. :s@g"z#F
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&wn7|5N1hd     Foreign investors will be encouraged to devote more /tuRT#M.cB
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to high-tech industries and advanced manufacturing in development zones in East
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;~2c5[OY#s#p"B+A d+H| China, while zones in western and central parts will get more support in 7~&T_M6d
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e,{Bw;k%p!e\Hb U8j infrastructure construction and training. v ?q/W8d qT*a

C#P6B&OKb     Issues such as intellectual property rights JX(e8YEEO

,xF@)Zv(a protection, innovation and environmental protection will be major factors when /w O"RO5Q#I^&gg
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evaluating these zones, Li said. F/vYR2T{+?+b4w$}
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    According to statistics from the Ministry of N:_u`m3t\U_1u$yZ
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Commerce, China's national economic and technological development zones
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contributed nearly 10 percent of the total industrial output, 15 percent of
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7\#Wm;Dm5SJD exports and about a quarter of realized foreign direct investment in the first
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n?tAP,j nine months of last year.