The following preferential
policies will be granted to enterprises
involved in tourism with the local reserve
of business and corporate income taxes
levied over one million yuan, with an
annually progressive increase of over
20% beginning from 2003 (with deduction
of the amount that should have been levied
by tax and public financial department
in the past few years). The enterprises
include AAA scenic spots with annual incoming
tourists of over 300,000, three-star or
above hotels (among which five-star or
above hotels in Qingcheng district, Qingxin
county, four-star hotels in Lianzhou city,
Yingde city, Fogang county and Yangshan
county, three-star or above hotels in
Liannan county and Lianshan county), designated
shopping center with constructed area
of over 30,000 square meters, enterprises
engaging in development of souvenir for
tourism.
Electric power
Rated subsidies for power consumed by
scenic spots, hotels, restaurants, shopping
centers newly-established after 2004 which
are treated with the preferential policies
will be funded accordingly. 150,000 yuan
will be subsidized to four-star hotels,
restaurants annually while the five-star
ones will be subsidized 300,000 yuan annually
for the power. 150,000 yuan will be subsidized
to AAA scenic spots or spots with annual
incoming tourists of over 300,000 tourists
and 200,000 yuan will be subsidized to
AAAA scenic spots or spots with annual
incoming tourists of over 500,000 tourists.
200,000 yuan will be subsidized to designated
tourism shopping centers with constructed
area of over 30,000 square meters.
Water
With exception of water for enteprises
engaging in special trades such as night-club,
sauna, the monthly-consumed water in 2001
will be taken as base (zero will be taken
as base for newly-established scenic spots,
hotels, restaurants, shopping centers,
souvenir manufacturers which are treated
with preferential policies) and water
beyond the base will be charged 30% off.
Regulated
fee
All the administratively regulated fees
charged by departments within Qingyuan
including those directly under central
or provincial government will be deducted
50% of the currently rated price with
exception of the amount turned over to
the state, province and cost of production.
Tax
1) If local reserve of the business and
corporate income taxes (With deduction
of the amount that should have been levied
by tax and public financial departments
in the past few years ) exceeds 1 million
amount in 2001 taken as a base (If the
amount in 2001 was not over 1 million
yuan, it will still be taken as a base.),
50% of the local reserve accrued from
newly-levied taxes will be rewarded annually
to the enterprises for expansion.
2)Upon expiry of preferential tax treatment
when the foreign-funded or individually-run
five-star hotels are still confronted
with temporary financial deficit, the
validity may be extended five more years
after they are subject to approval of
the local public financial department.
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