General preferential policy: According to the regulation stipulated by the state council, foreign-funded enterprises should by exempted from the enterprise income tax during the first two profit-making years and should be levied by half during the following three profit-making years.
iProjects that can enjoy other preferential policies stipulated by the local government are as the follows:
1、key projects and high-tech projects;
2、projects focusing on the upgrade and renovation of traditional industries encouraged by the local government and newly booming-up industrial projects;
3、projects invested in the areas of specialized agriculture, service ndustry and infrastructure construction.
