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February 03, 2021 2021
Investment in carbon black and other projects can enjoy preferential policies

If you invest in black carbon, rubber machinery and other projects, you can enjoy preferential policies.

In order to push forward the development of the western region to form a new pattern and promote the adjustment of the industrial structure and the development of the industries with distinctive advantages in the western region, China has formulated this catalogue in 2020.

The preferential policy of encouraging industrial enterprises to levy enterprise income tax at a reduced rate of 15% has been extended to December 31,2030. At the same time, the ratio of main business income to total income was relaxed from 70% to 60% , further expanding the coverage of preferential policies.


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