ANNOUNCED AS TEMPORARYNo
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.
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