State Administration of Taxation, Opinions on Further Thoroughly Implementing Tax Policies to Promote the Healthy Development of Private Investment

Issued: May 29 2012

Main contents: The Opinions set out a number of tax policies that encourage and guide private capital into sectors such as basic industries and infrastructure, urban public utilities and policy housing construction, social enterprises, financial services, and commerce and logistics; and tax policies that promote the strengthening of indigenous innovation and transformation and upgrading by private enterprises (Articles 1-6).