National zones to get policy support
The Ministry of Commerce will formulate new policies to help national business forum,trade forum,business opportunity,Business China,Business India,Brazil business u2D#?7C._"Y
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unification of corporate income tax rates, a senior official said. www.fobshanghai.com){!{1]8L:g8w1@6^
'?%Z0p+T(@FOB Business Forum Li Zhiqun, director of the ministry's fo
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-~3U5U6_+m1f7M4t0E&o3FFOB Business Forumministry, together with the Ministry of Science and Technology and Legislative
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management polices for such zones.
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Foreign investors in China's development zones now
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0M"R/e!d6~5P-K4OFOB Business Forumenjoy favorable taxation rates as well as tax waivers and incentives, compared FOB Business Forum.Y*z!J:}/i#j$\
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to their Chinese counterparts.
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But according to a draft law the country will unify
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income tax rates for domestic and foreign companies and the favorable policies
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Apart from taxation, the zones also face problems in
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+j"T3N6~4x'f W8f(X.vFOB Business Forumland resources and increases in labor costs.
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Foreign investors will be encouraged to devote more
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7Z/W'u!R*f3i"u7~0nwww.fobshanghai.comto high-tech industries and advanced manufacturing in development zones in East
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China, while zones in western and central parts will get more support in www.fobshanghai.com1L/s+\)B;G.s!U%Z
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infrastructure construction and training. [A Professional Business Forum]#F8J!]-u9o8v9H$l*a3l
%}7I#c3i8E!b+v9C5`+Y[A Professional Business Forum] Issues such as intellectual property rights
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protection, innovation and environmental protection will be major factors when FOB Business Forum6V"O"I K;u3T,V+|!G
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According to statistics from the Ministry of [A Professional Business Forum] Y!_2j3N:^%H$\
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%R:Y2q(`$`3Wcontributed nearly 10 percent of the total industrial output, 15 percent of www.fobshanghai.com,c:Y1T([/F4`:I6E0~)^
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nine months of last year.
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