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Policies
Financial support
2014-09-03The Hechi government sets aside 2 million yuan every year for investment promotion and business invitation awards.
Taxes
2014-09-03Any companies with 50 million yuan ($10 million) in fixed asset investment will get a refund on local added-value and income taxes for the first 2 years and a 50-percent reduction for the 3rd - 5th years.
Industrial development support
2014-09-03Hechi will support major industrial and infrastructure projects by giving them priority in national economic and social development plans.
Background
2014-09-03The policies apply to any enterprise that follows the national industrial and environmental protection policies and invests in fixed assets of 50 million yuan ($10 million) or more and pays local taxes.
