|
CHINA> National
![]() |
|
China tax breaks to spur economy in border areas
(Xinhua)
Updated: 2008-10-31 10:00 BEIJING -- China will adopt preferential fiscal and investment policies to boost economic development and trade in border areas, said the Ministry of Finance (MOF) on Thursday. As of Nov. 1, residents who live in the border will be exempted from taxation of the daily necessities such as food and cloth costing in total no more than 8,000 yuan (1,171.3 US dollars) per individual in one day. Fiscal departments at all levels of government will allocate funds to support enterprises that engage in small-amount trade in border areas as of Nov. 1. But the MOF didn't reveal how much money would be allocated. The amount of the fund is expected to increase every year, and no limitation was set on the period, said the MOF. |
泸水县| 禹州市| 敦化市| 株洲县| 上饶市| 梁平县| 英吉沙县| 遂平县| 南漳县| 开平市| 舒城县| 丰台区| 临城县| 谷城县| 河源市| 如东县| 麻阳| 临朐县| 三河市| 琼海市| 邢台县| 梁平县| 江都市| 高唐县| 团风县| 西贡区| 凤城市| 祁门县| 凤山县| 宁明县| 蒲城县| 思南县| 荥经县| 华宁县| 长寿区| 绍兴县| 湟源县| 连云港市| 邯郸县| 炉霍县| 固阳县|