The Stipulations of the Xianyang Municipal Committee of the Party and the Xianyang Municipal People’s Government on Further Encouraging Investment
Article 1
The invested enterprises that meet with the development directions of Xianyang economy will not only enjoy the preferential policies stipulated by
Article 2
The Newly-built manufacturing enterprises and the added-capital projects to the original invested manufacturing enterprises will get back 50% of its local income tax as a reward given by the local government within three years starting from the operation date, And the projects of the high-new technology confirmed by the province or the project with the investment of over 100 million yuan will get the total local income tax back as a reward within 5 years from the operation date.
Article 3
The investors who purchase or invest in the present manufacturing enterprises will get a reward according to Article 1 after deducting the tax amount of the last year of the enterprise.
Article 4
The investors, who invest in transportation, water conservancy and other public facilities, will get back the total local income tax as a reward by the local government within 3 years from the expiration of enjoying state’s tax reduction and tax-free period. The increased capital of the original invested enterprises will enjoy the same preferential policy.
Article 5
The investors who invest over 30 million yuan of fixed assets in tourism industry, commercial industry and other service industries will get back the total local income tax in the first year and 50% of the local income tax in the next two years from the operation.
Article 6
The investors who invest in planting, fruits, animal husbandry and aquatic industries will get 30% of its contribution to the local finance within 5 years from the operation. The increased investment to the original invested enterprises will enjoy the same reward policy.
Article 7
The invested enterprises can use land by transfer, lease, bidding and auction, It can also get the highest transfer period of the right to use the land according to the land type, During the period of having the right to use the land, the investors can transfer, lease of mortgage the land, When the right to use the land expires, the investors have priority to renew.
Article 8
The investors who invest in infrastructure and social public welfare can get the right to use the land by administrative assign if the project is listed on the list of the state-owned land of the administrative assign.
Article 9
The project of the high-new technology confirmed by the province and state or the projects with over 100 million yuan of investment can enjoy the special policies under certain circumstances.
Article 10
If the investors invest over 50 million yuan in fixed assets in the project and when the yearly income tax to local finance reaches 10,000 yuan per mu after the operation, 50% of the land transfer fee will be given back to the investors.
Article 11
The investors who invest projects involving planting, fruits, animal husbandry and aquatic can get the right to use the land by transfer. And the investors will only pay 70% of transfer fee for local government if the transfer fee is paid at one time.
Article 12
The investors who plant trees and grass by using barren mountains and wasteland of the state will get land transfer fee exemption and reduction, and the right to use the land won’t change within 50 years, The investors who lease wasteland, barren mountains and waste shoals will be exempted from lease fee within 5 years, lf the local government invests the state owned wasteland as shares in the project, it will net participate in sharing the profits within 5 years from the year it makes profits.
Article 13
The newly-built invested manufacturing enterprises and the newly-added capital projects to the original manufacturing enterprises will be exempted from local expenditure fee on administration, and the expenditure fee on administration handed over to province and state will be charged at the lowest standard within 3 years from the operation date, After 3 years, the expenditure fee on administration to the local government will be charged at the lowest standard.
Article 14
The investors, who come from the five northern counties of Xianyang and invest in city proper of economic development zone to set up projects, will enjoy the preferential policies in this stipulation and get back 50% of its contribution fo local finance within 5 years.
Article 15
The government will provide positions of city residence for the investors and their spouses, children, parents and their staff members who graduate from senior middle school, They won’t be charged and fee except the cost of the certificate.
Article 16
The children of the investors, the senior management personnel and the key technology personnel in the invested enterprises will enjoy the same treatment as the local residents in receiving education, seeking jobs and other social life.
Article 17
Any investors of individuals, who make great contributions to Xianyang economic development, will be given material reward and the honorable title of “the Honorary Citizen”.
Article 18
The stipulation will become effective from Jan 30, 2003, The former preferential policies that are against the policies in this stipulation will become invalid.
