Programs on maritime territory and land blocks jointly exploited by Chinese and foreign companies will also be exempt from import value-added tax,franklin marshall, according to the statement.
The exemptions are valid within quotas for free imports.
BEIJING - In an effort to support oil and gas drilling, the Chinese government has issued tax exemption incentives for drilling programs in China, according to a statement released Thursday on the website of the Ministry of Finance.
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The statement said that from January 1, 2011 to December 31,moncler, 2015,casque beats, oil and gas drilling projects on specially appointed land and sea areas will be exempt from import taxes on equipment,piumini moncler, instruments,polo ralph lauren, accessories and special purpose tools that domestic companies are unable to manufacture and are directly used in exploration and exploitation.
相关的主题文章： The country will "ensure stable and relatively fast economic growth, while adjusting the economic structure and regulating inflationary expectations next year", the Political Bureau of the Communist Party of China Central Committee, the country's top decision-making body, announced on Friday.
