ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
One of the instruments specifically mentioned in the announcement is investment incentives to increase industrial transformation and upgrading, energy saving and emissions reduction. While leaving the exact composition of these incentives unspecified, the announcement calls for tax relief as well as the development of "green credit" to support the renewable sector companies.
The announcement links the scheme to the guiding ideologies of the 13th Five-Year Plan and the Made in China 2025 frameworks.
Other policy instruments were mentioned in the source, however insufficient details were provided to write them up separately.
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