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CIRCULAR OF THE STATE COUNCIL REGARDING THE FURTHER OPENING OF CHONGQING AND SOME OTHER CITIES

Category  SPECIAL ECONOMIC ZONES AND COASTAL ECONOMIC DEVELOPMENT ZONES Organ of Promulgation  The State Council Status of Effect  In Force
Date of Promulgation  1992-07-30 Effective Date  1992-07-30  

Circular of the State Council Regarding the Further Opening of Chongqing and Some Other Cities



(July 30, 1992)

    The State Council has resolved to further open five cities--Chongqing,
Yueyang, Wuhan, Jiujiang and Wuhu along the Yangtze River, four provincial
capitals--Ha'erbin, Changchun, Huhhot and Shijiazhuang in border areas or
along the coast, and 11 provincial capitals--Taiyuan, Hefei, Nanchang,
Zhengzhou, Changsha, Chengdu, Guiyang, Xi'an, Lanzhou, Xining, and Yinchuan
in inland areas. In the above-mentioned cities, the policy on costal open
cities shall be implemented. Moreover, until the end of 1995, these cities
shall be exempt from import duties and product taxes (value-added taxes) for
the equipment imported to meet the requirements of technological reforms which
conform to the state's industrial policy, and for the processing machinery
imported to develop export-oriented agriculture and that are presently
impossible to obtain domestically.



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