China Announces 56-Point Guideline on Preferential Tax Policies for Green Development
15 June 2022
Business Advisory Section, HKTDC Research
The State Taxation Administration recently issued a 56-point guideline for China’s green transition and sustainable development. The guideline sets out preferential tax policies for green development in four respects, namely support for environmental protection, promotion of eco-friendly energy conservation, encouragement of the comprehensive use of resources, and promotion of low-carbon industries.
- Environmental Protection
- Mainland China