New in­vest­ment guide­line to spell out tax ini­tia­tives

China Daily (Hong Kong) - - PAGE TWO -

Start­ing Fri­day, China will im­ple­ment a re­vised for­eign in­vest­ment guide­line, which will fea­ture tax ini­tia­tives as well as a list of in­dus­tries the gov­ern­ment wants to en­cour­age for­eign com­pa­nies to in­vest in. The guide­line will re­duce the num­ber of sec­tors that are com­pletely off-lim­its for for­eign in­vest­ment from 36 to 28.

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