The scope of enterprises eligible for tax refunds on the purchase of domestically-manufactured equipment includes foreign-invested enterprises that are ordinary payers of value-added tax or engage in transport business or the development of ordinary housing.
In order to further open up the logistics sector to foreign investment in pilot projects, the term 'foreign-invested logistics enterprises' has been expanded and foreign investors may now apply to establish foreign-invested logistics enterprises and engage in one or more types of logistics business.
The Trial Measures stipulate the scope and qualifications of eligible investment plans, which must be purchased through and operated by a professional institution. The investment scale and proportion by PRC insurance companies are also limited.
To initiate the implementation of a cost sharing mechanism under the PRC Renewable Energy Law, these Measures set up a pricing system for electricity generation using wind power, biomass, solar energy, ocean energy and geothermal energy (but excluding hydroelectricity).
Issued: March 31 2006Effective: April 20 2006Main contents: From April 20 2006 the Shanghai headquarters of the People's Bank of China is authorized to…
Issued: April 13 2006Main contents: The Announcement relaxes the policies on opening, amending and closing current account-related foreign exchange accounts,…
Issued: February 21 2006Main contents: The Reply clarifies the obligation of truthful disclosure by the proposer. clp reference:3900/06.02.21promulgated:2006-02-21
Promulgated: April 3 2006Effective: May 3 2006Applicability: The term 'representative offices' refers to representative offices of foreign air carriers…
Issued: April 19 2006Effective: July 1 2006Main contents: The Model Text has 16 articles, specifying the completion time for the project using the land…