Preferential tax policies to stay for Taiwan firms
Updated: 2015-04-23 08:31
By Zhao Yinan and Lin Ting(China Daily)
|
|||||||||
Premier Li Keqiang pledged to continue preferential policies, including tax reductions, for Taiwan-invested corporations to help them counteract the mainland's economic slowdown and restructuring.
Even though the mainland is carrying out a campaign to clean up the arbitrary preferential policies provided by local governments to attract investment, Li assured Taiwan corporate leaders that policies included in existing contracts with Taiwan businesses will not be affected.
"That is because we are like brothers and sisters in a family," he said at a seminar with 11 Taiwan business leaders investing in Fujian.
Michael Chiang, president of TPK Touch Solutions, a leading touch screen manufacturer, said his company has been increasingly challenged by labor shortages and the infringement of intellectual property rights, an issue that "hurts his heart most".
Li said the protection of intellectual property rights is an irreplaceable part of the mainland's efforts to encourage industrial growth, and that protection should cover Taiwan businesses.
"We cannot let business leaders suffer from heartburn in addition to headaches," he said.
- Ten photos you don't wanna miss - April 23
- Concept cars in spotlight at Shanghai auto show
- Volcano erupts in southern Chile, belching ash, smoke into sky
- US returns ancient artifacts to Egypt
- Unusual libraries around the world
- Chinese real estate deals in US topical forum
- Weird stuff you can buy on Taobao
- Top 5 wealthiest women in world's tech sector
Most Viewed
Editor's Picks
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Spring Festival trends reflect a changing China |
Patent applications lead the world |
BC lures Chinese tourists |
Today's Top News
Nuclear cooperation proposal lauded
Furious 7 on track to be tops in China
As PayPal split looms, eBay plans to think small
China loves almonds from water-thirsty California
China sustains US cities: Bloomberg
Real estate investors may switch focus: panel
Obama submits nuclear energy cooperation deal with China
US urges Japan to handle wartime history in constructive way
US Weekly
Geared to go |
The place to be |