Qianhai – An attractive Chinese location for foreign investment

Asia-Pacific Tax Newsalert

Since 2008, most tax incentives for foreign invested enterprises in China have been removed, and the remaining tax incentives mainly are granted to high-tech enterprises and enterprises located in western region of China. Recently, however, China confirmed the benefits for the Qianhai Modern Services Industry Cooperation Zone. Qianhai located in Shenzhen in Southern China, may attract multinationals in modern service industries such as finance, modern logistics, information technology, etc.

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