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China to issue preferential tax policies for 'green' buildings

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Updated: 2007-06-22 16:02

China is set to introduce preferential taxation policies and bank loans for firms involved in the construction of green buildings, said a government official.

"The Ministry of Construction will soon formulate a series of preferential policies in taxation and bank loans with the finance and taxation ministries to promote the construction of green buildings," Vice Minister of Construction Qiu Baoxing told a forum on energy efficient buildings.

(US$1 = 7.8 yuan)


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