IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 07 Jul 2017 | Removal date: open ended
Still in force

FDI: Financial incentive

On the 7th of July 2017, the municipal government of the city of Changzhou in Jiangsu province released its interpretation of the State Council Opinion the subsequent plan of its provincial government to boost foreign capital investment in China. Paring down the slightly vague wording of the two higher-level announcements, the city of Changzhou reveals that eligible firms will receive significant tax breaks, amongst other benefits.

As well as the tax relief mentioned above, investment firms will receive loan guarantees from the government to invest in relevant firms deemed to be attractive foreign capital.

AFFECTED COUNTRIES

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