To fully leverage the functional role of tax in supporting foreign investment and foreign trade stabilization, the State Taxation Administration sorted out and updated the currently valid tax support policies as well as collection and management service measures to create an updated version of Tax Policy Guidelines on Stabilizing Foreign Investment and Foreign Trade, which was publicly released on January 15. Taxpayers can better understand the policy and applicable policies, thus creating a favorable tax environment for the development of foreign investment and foreign trade.

According to the relevant person in charge of the Tax Policy and Regulation Department of the State Taxation Administration, the updated version of Tax Policy Guidelines on Stabilizing Foreign Investment and Foreign Trade consists of 51 specific items covering policies in the two major fields of foreign trade stabilization and foreign investment stabilization. There are 19 tax policies related to foreign trade stabilization, including the tax policy on export goods and services, value-added tax policy on cross-border taxable behaviors, tax policy on new business forms of foreign trade, and measures for facilitating export tax rebates (exemption). There are 32 tax policies related to foreign investment stabilization, including the tax policy on encouraging foreign investment.