Make Xianning Known to the World Bring the World to Xianning Set as Homepage | Add to Favorites | Simplified Chinese
Home >> Business >> Investment Policies >> text
Factfile
Located in the south of Hubei, known as "the South Gate of Hubei", Xianning has great renown for “Chibi old haunt of the Three Kingdoms, inland nuclear power city”, which has great advantages of its "mountain", "water" "geography","location","culture","scenery","energy"and the trend of development. Xianning is a suitable place to do ...[more]
location
Xianning City, attached to Hubei Province, known as “the southern gateway to Hubei”, is famous for sweet-scented os... [more]
Administrative divisions
Lying in the southeast of Hubei Province, along the south bank of the Yangtze River, and at the junction of Hunan, Hu... [more]
History
 Despite the late administrative construction of Xianning (prefecture-level city), the counties and urban districts under its administration all have a long history. The territory of today’s Xianning belonged to Jing Chu in the Xia and Shang Dynasties ( about 2200-1100 BC), Nan County in the Qin Dynasty(221-206 BC ), [more]
Preferential Investment Policies of Chibi City
http://English.xianning.gov.cn 06-06-21
 

  Beginning from the year when an enterprise starts paying taxes, a new preferential policy, which is to levy tax first and return part of it later, will be applied to the part of income tax, which is levied from external investment (including foreign and internal institutions and individuals) in running enterprises. According to the policy, 60% will be returned in the first year, 50% in the second year and 40% the third year. 

  Foreign investors run production business enterprises and obtain the land-use right by forms of compensated transfer and rental. Every year the land grant fee shall be charged preferentially according to the standard land price issued by the municipal government within 5 years. Foreign investors will initiate culture, education, heath, sports and other social public welfare cause. They obtain the land-use right by the administrative allocation. And its land acquisition fee which is based on the standard land price issued by the municipal government shared some preferential terms in a lump-sum.

  The site-use fees of the high-tech enterprise which is initiated by foreign investors will be exempted for 4 years from the date of approval of the use of the land. Other initiated operational enterprises' site-use fee will be exempted for 3 years from the date of approval of the use of the land.

  Foreign investors will be given a 15% off on the living water installation fee and capacity fee on the national standards.

  When enterprises initiated by the foreign investors are handling different kinds of procedures process, projects which don’t include services shall not charge the administrative fees and all kinds of service fees should only charge the cost of the materials.    

  All the various administrative fees, which are legislated by national policies and needed to be turned over to the state, province and city, should be strictly controlled within the minimum standards of the state's regulations. The part which will be turned over to the state should in charge with 40% reduction within the minimum standard in the national policies.

  Attract the talents and technology with preferential conditions. The foreign talents who master the key technology and have the outstanding management ability and come to this city for the enterprise business directly will be awarded according to the proportion of the annual 5%-7% of the added profit after the evaluation. Introducing new technology, new materials and new achievements to and develop new products for the city, and enabling the enterprises to increase pre-tax profit of more than 300,000 yuan, after the assessment, the enterprise can extract bonuses to the meritorious personnel at one time according to 10% of its added profits.

  The intermediaries who introduce projects and funds to the city shall be given awards. If it is successful, a bonus of 5‰ of the investor’s available investment and 3‰ of the domestic projects available investment will be distributed to the intermediaries at a time.


咸宁市人民政府主办 咸宁日报社承办
——————咸宁日报社网络传媒创意制作& 技术支持——————
联系电话:0715-8128121 鄂ICP备05011845号 政府网QQ群:5491814