Announcement
06 Apr 2016
April 6th, 2016: Authorities in Xinjiang Province, China released an announcement revealing a set of preferential policies for aluminium smelters in the region's Jimsar County. Policies include land provision, tax breaks and financial grants to eligible firms.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
06 Apr 2016
Revocation date:
No revocation date
Announced: 06 Apr 2016
Financial grant
In force
Finally, the release mentions several kinds of 'special funds' and 'subsidies' that are on offer to firms who 'achieve major breakthroughs in research' or show a progression to becoming more environme...
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Announced: 06 Apr 2016
Tax or social insurance relief
In force
In addition to the land grants, eligible firms are able to apply for reductions in the amount of income tax and VAT paid on inputs. Amounts depend on the size of the firm.
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Announced: 06 Apr 2016
In-kind grant
In force
On the 6th of April, 2016, authorities in China's remote western Xinjiang province officially announced a set of measures to support aluminium smelters in Jimsar province.
Firstly, firms can have land...
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