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ChinaFIG - “Five Spots in One Line” Coastal Economic Belt of Liaoning and related preferential policies

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The "Five Spots in One Line" coastal economic belt of Liaoning … and related preferential policies

The “Five Spots in One Line” coastal economic belt of Liaoning mainly consists of seven key regions along Liaoning’s coastline, including:

1.        Dalian Changxing Island Harbor Industry Zone

2.        Liaoning (Yingkou) Coastal Industrial Base

3.        Panjin Ship-building & Repairing Industry Park of Liaoning (Yingkou) Coastal Industrial Base

4.        Western Liaoning Jinzhou Bay Coastal Economic Zone (including Jinzhou Xihai Industrial Zone and Huludao Beigang Industrial Zone)

5.        Liaoning Dandong Industry Park

6.        Dalian ZHuanghe Huayuankou Industrial Park

7.        and the coastal highway which links the key regions.

 

In the next stage, because of Liaoning’s opening to the outside world … along with the economic development based upon the “Five Spots in One Line” and the coastal highway, other belts are to be formed, such as;

Ø       Harbor industry conglomeration belt

Ø       Resources development industry belt

Ø      Tourism & sightseeing belt 

Enterprises registered within these industrial zones can enjoy additional preferential policies from January 1st, 2006 for two years. The summary points of these additional preferential policies include:

1. 70% of all tax paid will be refunded based on the sum paid in 2005;

2. High-tech enterprises can enjoy a favorable income tax rate of 15%;

3. Domestic high-tech enterprises will be exempt from income tax for two years since the first profit-making year.

 

Make the decision and explore Liaoning … its now ready for you!  Call or email ChinaFIG today.  info@ChinaFIG.com