Dezhou City

VI. Preferential Policy for Investment
Land policy
The foreign investment is entitled to have following preferential treatments with land:
1. With wholly owned foreign investment over USD $ 10 million, land fees will be subsidized by 15% and the other 85% could be paid in 3 years after operation. The local finance will bear the cost in advance.
2. With joint venture holding by foreigners, if the investment is over USD $10 million USD, the land fees could be subsidized by 10% and 60% of land fees could be paid in 3 years after operation. The local finance will bear the cost in advance.
3. With joint venture controlled by local enterprise, if the investment is over USD $ 10 million USD, the land fees could be subsidized by 8% and 45% of land fees could be paid in 3 years after operation. The local finance will bear the cost in advance.
4. With wholly owned foreign investment between 5 million and 10 million USD, land fees will be subsidized by12%
5. With JV controlled by foreign investment between 5 million and 10 million US dollars, land fees will be subsidized by 8%
6. With JV controlled by local enterprise between 5 million and 10 million US dollars, land fees will be subsidized by 6%
7. With foreign investment under 5 million, land fees will be subsidized by 5%

Admin Fees Policy
1. The local government will charge zero fee for the foreign investors who invest more than USD $ 5 million from the time of its register to its operation.
2. The local government will charge half for the foreign investors who invest the business below USD $ 5 million the time of its register to its operation.

Financial Rewards
The foreign investment, from its profit-making year, is entitled to the preference that the country will not take the income tax for its first two years and will take half since its third year to the fifth; meanwhile, the businesses can still enjoy the following preferences:

1. With wholly owned foreign investment over USD $10 million, since its production day, the local financial department will offer rewards equal to VAT received by the local government. Since its profit-making year, the local financial department will offer rewards equal to its income tax from its third year to the fifth. And for its sixth to eighth year, the local financial department will offer rewards equal to 50% of its income tax.

2. With joint venture controlled by foreigners, if the investment is over USD $10 million, since its production day, the local financial department will offer rewards equal to 70% of its VAT received by the local government. Since its profit-making year, the local financial department will offer rewards equal to its income tax from its third year to the fifth. And for its sixth to eighth year, the local financial department will offer rewards to 35% of its income tax.

3. With joint venture controlled by local enterprise, if the investment is over 10 million USD, since its production day, the local financial department will offer financial rewards equal to 50% of VAT received by the local government. Since its profit-making year, the local financial department will offer rewards equal to its income tax from its third year to the fifth. And for its sixth to eighth year, the local financial department will offer rewards equal to 25% of its income tax.

4. With wholly owned foreign investment between 5 million and 10 million US dollars, since its production day, the local financial department will offer financial rewards which equal to 70% of VAT received by the local government. Since its profit-making year, the local financial department will offer rewards equal to its handed income tax from its third year to the fifth. And for its sixth to eighth year, the local financial department will offer rewards equal to 30% of its handed income tax.

5. With JV controlled by foreign investment between 5 million and 10 million US dollars, since its production day, the local financial department will offer financial rewards equal to 50% of VAT received by the local government. Since its profit-making year, the local financial department will offer rewards equal to its handed income tax from its third year to the fifth. And for its sixth to eighth year, the local financial department will offer rewards equal to 20% of its handed income tax.

6. With JV controlled by local enterprise between 5 million and 10 million US dollars, since its production day, the local financial department will offer rewards equal to 35% of VAT received by the local government. Since its profit-making year, the local financial department will offer rewards equal to its handed income tax from its third year to the fifth. And for its sixth to eighth year, the local financial department will offer rewards equal to 15% of its handed income tax.

7. With foreign investment under 5 million, since its production day, the local financial department will offer rewards equal to 25% of VAT received by the local government. Since its profit-making year, the local financial department will offer rewards equal to 50% of its handed income tax from its third year to the fifth.

For large investment or hi-tech investment, there will be more preferential treatments.

VII. Encouraged Investing Fields
Industry: textile, constructing material, light industry, chemical industry, energy, electronic information (The main industrial productions are the yarn, cloth, jean-cloth, clothes, machine tools, chemical fertilizer, concrete, glass and its production, glass fiber reinforce plastic, xylitol, brake shoe, paper, blanket, silk flower, braised chicken, solar energy shower and output transformer, in which the textile has the advantage in Shandong province.

Agriculture: agricultural development, products processing, export products, livestock processing and fresh water farming.

Hi-tech: ISDN intelligent terminal, broadband, electro-glass cloth, transmitting electric glass, biological glass, high quality waterproof material, environmental material, biological medicine and the production of polyurethane.

Service and trade: construction of the advanced travel facilities, development of the travel source and travel product, construction of the agricultural visiting park, the center of exchanging and sending material and the construction of professional or comprehensive markets.
1． Dezhou Investment Promotion Office
Tele: 0534-2687165
Fax: 0534-2686996
2． Dezhou Foreign Investment Service (protect) center
Tele: 0534-2561110
Fax: 0534-2561110
3． Dezhou Foreign Trade and Economic Cooperation Bureau
tele: 0534-2325423 　
Fax: 0534-2323534
4. Dezhou Bureau for the Promotion of Domestic Business
Tele: 0534-2686907
Fax: 0534-2686900
5. Municipal Office for Taiwan Affairs
Tele: 0534-2687769
Fax: 0534-2687768
6. Municipal Office for Foreign Affairs Office and Overseas Chinese Affairs
Tele: 0534-2686668
Fax: 0534-2623429
7. Municipal Office for Information and Media
Tele: 0534-2687875
Fax: 0534-2687369
8. Customs House of Dezhou
Tele: 0534-2561158
Fax: 0534-2561868
9. Inspection and Quarantine Office of Dezhou
Tele: 0534-2329437
Fax: 0534-2329433
10. Development Planning Committee of Dezhou
Tele: 0534-2647456
Fax: 0534-22623459
11. Economic and Trade Committee of Dezhou
Tele: 0534-2687059
Fax: 0534-2687096
12. Administration Bureau for Industry and Commerce of Dezhou
Tele: 0534-2323076
Fax: 0534-2323742
13. Administrative Bureau for Land of Dezhou
Tele: 0534-2348739
Fax: 0534-2343500
14. The National Tax Bureau of Dezhou
Tele: 0534-2323501
Fax: 0534-2383519
15. The Regional Tax Bureau of Dezhou
Tele: 0534-2386200
Fax: 0534-2386200
16. The Police Office of Dezhou
Tele: 0534-2624750
Fax: 0534-2624750-2026
17. The Labour and Social Security Office of Dezhou
Tele: 0534-2623478
Fax: 0534-2687156
18. Economic and Development Zone of Dezhou
Tele: 0534-2561333
Fax: 0534-2561333
19. Trading and Development Zone of Dezhou
Tele: 0534-2693100; 2693113
Fax: 0534-2693101
20. National Administration Bureau for Foreign Exchange of Dezhou
Tele: 0534-2321500-6038
Fax: 0534-2321500

VIII. Living Information
Exit and Entry Management
The responsible institution is the Exit and Entry Administration office of the Police Bureau of Dezhu, located in the Donfanghong Street of Dezhou city.
Tel: 0534-2624750.
Housing Price
The average price is 1500RMB per. Square meter.
Translation Agencies
Departments concerning foreign affairs have their own translation agencies.
Foreign Language Schools
1. Dezhou State-run Foreign Language School (a college), Tele: 0534-2691000
2. Shandong Foreign Affair’s Translation School—Dezhou branch school (a technical secondary school),
Tel: 0534-2752166
3. Dezhou Bilingual School in Chinese and English (a secondary school), Tele: 0534-2755705
Medical Institutions Related to Foreign Affairs
Dezhou People’s Hospital, Tele: 0534-2621202
Dezhou City Hospital, Tele: 0534-2624781

<1> <2>