Investment

Zone doubt

April 2008: Unified corporate income tax laws could threaten the incentives offered by China’s industrial zones

Russel Cai, head of investment promotion for European and American clients at the Wujin Hi-Tech Industrial Zone in Changzhou, a city near Wuxi, says his zone has a lot to offer foreign companies setting up shop in China.

“It’s a package,” he said. “It’s not just low costs.”

For Cai and representatives of industrial zones across China, this phrase is becoming something of a mantra as they reposition themelves in an evolving market...

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