search query: @indexterm TAX POLICY / total: 92
reference: 46 / 92
| Author: | Xu, Erjin |
| Title: | The functional positioning, preferential policy and operational characteristics of bonded areas in China (original in Chinese) |
| Journal: | Shanghai Economy (c)
1997 : 4, p.46-47 |
| Index terms: | TAX POLICY CHINA |
| Language: | chn |
| Abstract: | China's bonded areas are generally divided into two categories. One stresses port function while the other stresses trade function. Preferential policies towards bonded areas include the following: 1. practicing the bonded policy, 2. allowing foreign business people to establish wholly-funded trade companies in bonded areas and approved foreign financial institutions to set up their branches there, 3. allowing the enterprises in bonded areas to establish foreign exchange account, 4 simplifying the entry or exit formalities. The operation of bonded areas is characterized by export-oriented economic features, the positioning of economic formation and function, which depends on China's social system and macro economic situation and practicing the limited open policy. |
SCIMA