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Taiwan firms still enjoy existing preferential policies

Updated: Apr 22,2015 8:39 PM

Premier Li Keqiang has pledged to continue existing preferential policies, including tax reductions, for Taiwan-invested companies to help them counteract a business recession brought about by the slowdown of the mainland economy and economic restructuring.

Even though the mainland is carrying out a campaign to rationalize arbitrary preferential policies offered by local governments to attract investment, Premier Li assured Taiwan corporate leaders at a seminar on April 22 that policies included in existing contracts with Taiwan businesses will not be affected.