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Other Preferential Treatment |
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1.For the item invested by foreigner in Lanzhou will carry out
the system of "an office to handle "and "complete service" as
well as "unifily accept application" and "handle within a definite
time". For the foreign investment item with over $2 million us
of foreigner investment, it will be arranged a full-time person
to solve difficulties of the item. |
| 2.
For these items of foeign investment in these fields of agricutural
comprehensive development.,urban basic infrastruction and basic
industries, new & advanced technique product development and other
new industries, the Chinese partner shall be given priority in
arranging the special loan for fostering foreign inevstment, of
which, the item with foreign investment of over $2.5 million us
shall be list in the local plan for key basic constrution and
technical renovation , and have the priority in arranging state
fixed assets investment and loan for technical renovation. |
| 3.For
these foreign investment projects including road, bridge, railway
tunnel, concerning hesting, has and water supply, environment
protection and gardening utilities etc., they can be allowed to
enlarge their relative business scope, and estabilish their auxiliary
filling station, restaruant, warhouse, advertisement industry,
real estate development etc. as their compensation. |
| 4.
Foreign investors can participate in technical renovarion of the
existing state owned enterprise, collective-owned enterprise and
private enterprise in Lanzhou city in different forms.They can
participate in graft and renovation of one workshop, a kind of
product, a whole factory and even a whole industry and also can
buy stocks of an enterprise. For the project of which Chinese
joint venturer invests with the existing workshops , site and
equipment, the transaction price of assets can be less 10 to 20
percent than the evaluted price. |
| 5.
For the foreign investment enterprise on purpose to innovate old
existing enterprise, the Chinese joint venturer can invest with
the technique innovation funds of state-owned enterprise. |
| 6.
Foreign investment enterprise can accelerate the deprecition of
its fixed assets upon approval of tax department. |
|
7. 0.05 yuan RMB shall be subsidized to foreign investment enterprise
by local financial department while each one us dollar is earned
from export. |
| 8.
If foreign investment enterprise had difficult to balance its
foreign exchange in the period of operation,it might purchase
other products beyond the enterprise to export for the balance
of foreign exchange upon approval of department in charge. |
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9.If a foreign investment enterprise, which has been set up in
other area of China beyond Lanzhou city, reinvest a new item in
Lanzhou and the stock of foreign joint venturer is over 25 percent,
the new item might enjoy relevant preferential treatment for foreign
investment enterprise. |
| 10.
If a foreign investment enterprise, which has been set up in other
area of China beyond Lanzhou city, contract, run and manage foreign
investment enterprise and internal enterprise in Lanzhou, it might
enjoy any preferential policies of these provisions. |
|
11. Foreign employee in foreign investment enterprise can go through
one-year-term multiple entry-exit visa valid. |
| 12.For
the project with foreign investment amount of over 5 million us
dollar,it can apply for special policies according to its actural
conditions. |
| 13.
Any overseas Chinese and compatriot in Taiwan, Hong Kong and Macao
who invests more than 100,000 us dollar in a lump in our city
can arrange a kith and kin in the mainniland to settle down in
our city or change his domicile of contryside. |
| 14.
Foreign investor is allowed to invest in the fields of finance,
insurance, telecommunication, retail commerce, tourism,medical
and health, primary education, auditing, accounting, lawer, consuling
service and intermediary service, etc. The foreign bank is encouraged
to set up representive setup and branch setup for business in
Lanzhou. |
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15. The individual or organization who has introduced funds from
overseas to Lanzhou city for investment will be given rewards
according to The Detailed Regulations to Reward the Mediators
of Introducing Foreign and Internal Investment to Lanzhou. |
