Aug. 19 – The State Administration of Tax has issued a circular to clarify the definitions set forth in the previous Caishui 202 regarding tax incentives for developments in China’s western regions, including Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, Xinjiang, Inner Mongolia and Guangxi.

The SAT clarifies that the term “newly established transportation companies” mentioned refers to newly established companies set to “invest and operate” roadways, railways, aviation, ports and wharves, pipeline transportation systems, and which generate operating revenues from such activities.

The Caishui 202 can be read here. For tax advice on China’s Western and Central Regions, or the Go West campaign email tax@dezshira.com.

Further Reading

China Briefing’s Regional Guide To West China:This book is a detailed overview of West China, including the Provinces of Gansu, Guizhou, Ningxia, Shaanxi, Sichuan, Tibet, Xinjiang and Yunnan, and includes detailed introductions to the key cities of Chengu, Chongqing, Kashgar, Kunming, Lanzhou, Lhasa, Guiyang, Urumqi, Xining and Yinchaun.

China Briefing’s Regional Guide To Central China:This book is a detailed overview of Central China, including the Provinces of Hebei, Henan, Hubei, Inner Mongolia, Jiangxi and Shanxi, and includes detailed introductions to the key cities of Changsha, Hohhot, Nanchang, Taiyuan, Wuhan and Zhengzhou.

China’s Central Regions and the Go Inland Campaign:This issue details the China governments new “Go Inland” campaign, looking to attract foreign investors to the six inland provinces of central China – Anhui, Henan, Hebei, Hunan, Jiangxi & Shanxi.

Central China on the Rise: Why Foreign Investment Is Pouring Inland: This issue examines China’s central provinces. With costs rising in the manufacturing centers of the South China and the Yangtze River Delta, more and more multinationals are looking at China, not only as an export platform, but as growing market that will play key role in global sales and marketing strategies.