China Drafts Plan to Boost Green Facilities Development
[2010-05-05 14:56:14]
China's Ministry of Industry and Information Technology (MIIT) is drafting a plan to develop environmental protection facility manufacturing, the Shanghai Securities News reported on April 30.
Some key environmental protection facility projects might be able to get government subsidies as a result of the plan. An official from MIIT said environmental protection facility manufacturing occupies a basic position in the environmental industry chain, and its development is easily affected by government policies.
China now stipulates that enterprises which invested in environmental protection can enjoy tax incentives in the future, but as no official standard is set, enterprises have no way to prove to the tax department that their investment is in the environmental sector.
"As far as we know, few enterprises have enjoyed the incentives," the MIIT official said.
Source: China Daily
Related Articles:
- China Rolls out Policy to Promote Development for the SMEs
(2009-09-23) - Four Measures Promote Steady and Healthy Development of China's Capital Market
(2009-09-04) - China's Environmental Protection Industry Shows Huge Development Potential
(2009-09-01) - China Urges Efforts to Support Development of Small and Medium-sized Enterprises
(2009-08-20) - NPC: Prioritize Consumption and Employment in Second Half of 2009
(2009-07-21) - Car of the Future Will Be Electrically Powered
(2009-07-21) - Xiao Jie：Supporting Scientific Development and Achieving Harmonious Taxation
(2009-06-01) - French Enterprises Have Development Potential in Chinese Nuclear Power Market
(2009-05-22) - Chinese Vice Premier Stresses New Energy Development
(2009-05-22) - China to Enhance Futures Trading Development at a Time of Global Economic Downtu
(2009-05-18)
Most Read
- GACC Announcement No.10, 2017 on China-South Korea Goods Origin Info Exchange System
(2017-02-09) - Explanations on Compilation & Release of the "China Export Leading Indicator"
(2014-07-10) - GACC Announcement No.26, 2016 on (Cross-Border E-Commerce Retail Import/Export Control)
(2016-05-10) - GACC Announcement No.46, 2015 (on Uniform Social Credit Code Implementation)
(2015-10-10) - GACC Announcement No. 32, 2016 on (Uniform Social Credit Code for Legal Persons & Organizations)
(2016-05-13) - AQSIQ-CNCA Announcement No. 117, 2012 on Compulsory Certification-Free Products
(2012-08-16) - China Tariffs Implementation Plan for 2013
(2012-12-27) - China Bans Export of Protected Fossils
(2010-11-25) - Announcement of the General Administration of Customs of P. R. China, No. 43, 2010
(2010-07-06) - Customs Announcement No. 84, 2010 on 2011 Time-Table for Statistics Release
(2010-12-30)
