What are the preferential policies for foreign investment?

What preferential policies do foreign-funded enterprises have? The answer is as follows: 1. The enterprise income tax will be levied at a reduced rate of 15% for projects with foreign investment of more than USD 30 million and long recovery time after being approved by State Taxation Administration of The People's Republic of China, People's Republic of China (PRC). 2. Productive foreign-invested enterprises engaged in energy and transportation infrastructure projects may be subject to enterprise income tax at a reduced rate of 15% with the approval of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC). 3. Productive enterprises mentioned in the tax law refer to machinery manufacturing, electronics industry and energy industry (excluding oil and natural gas exploitation); Metallurgical, chemical and building materials industries; Light industry, textile and packaging industry; Medical equipment and pharmaceutical industry; Agriculture, forestry, animal husbandry, fishery and water conservancy; Construction industry; Transportation industry (excluding passenger transport, because passenger transport has a strong service nature); Scientific and technological development (including new technologies, new processes, new materials and new varieties), geological survey (including large-scale geological aerial survey, remote sensing survey, etc.). ), industrial information consulting and maintenance services for production equipment and precision instruments; Foreign-invested enterprises of other productive enterprises as determined by the competent tax authorities of the State Council. Two, limited industries and projects, the implementation of regular tax relief. 1. For productive foreign-invested enterprises whose operating period exceeds 10 years, the enterprise income tax will be exempted from 1 year and the second year, and the enterprise income tax will be halved from the third year to the fifth year. If an enterprise starts business in the middle of the year and the actual production and operation period is less than 6 months, it can choose to calculate the period of exemption or reduction of enterprise income tax from the next year. However, the profits made in that year shall be subject to income tax in accordance with tax laws and regulations. 2. Enterprises with foreign investment engaged in agriculture, forestry and animal husbandry, and enterprises with foreign investment located in economically underdeveloped remote areas, after the expiration of the tax reduction and exemption treatment, may continue to reduce the enterprise income tax by 15% to 30% according to the taxable amount in the next 10 year upon the application of enterprises and the approval of State Taxation Administration of The People's Republic of China. 3. After the expiration of the enterprise income tax exemption or reduction in accordance with the provisions of the tax law, if the output value of the export products in that year reached more than 70% of the output value of the enterprise products in that year, the enterprise income tax may be levied at the tax rate stipulated in the tax law by half. However, special economic zones, economic and technological development zones and other export enterprises that have paid enterprise income tax at the rate of 15% will still be subject to enterprise income tax at the rate of 10% if they meet the above conditions. 4. Advanced technology enterprises established by foreign investors, which are still advanced technology enterprises after the expiration of the period of exemption or reduction of enterprise income tax according to the provisions of the tax law, may be extended for three years, and the enterprise income tax shall be levied by half according to the tax rate stipulated in the tax law.