Global Trade Alert
Global Trade Alert

China (Xinjiang): Provincial city fully adopts national three-year action plan to make industry more environmentally-friendly

Announcement

12 Jun 2017

June 12th, 2017 - Turpan City (Xinjiang Province) announces its official adoption of the PRC Ministry of Industry and Information Technology's plan to support industries that move towards green standards, as laid out in previous national announcements. The plan includes various specific financial support means, including rewards for 'green' firms, tax breaks and government-sponsored investments.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Jun 2017

Revocation date:

12 Jun 2019

Announced: 12 Jun 2017
Financial investment support
In addition, the Municipal government promises the establishment of 'green finance' to support eligible firms, through the cooperation with investment entities and favourable policies to encourage inv...
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Announced: 12 Jun 2017
Tax or social insurance relief
Apart from the funds detailed above, the release also mentions favourable 'fiscal and taxation' policies for eligible firms.
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Announced: 12 Jun 2017
Financial grant
On the 12th of June` 2017, Xinjiang's Turpan City provincial government released a decree that laid out its plans for implementing the PRC Ministry of Industry and Information Technology's national th...
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