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Industrial policies on foreign investment

In The Provision, projects with foreign investment fall into 4 categories, namely encouraged, permitted, restricted and prohibited ones.

Preferential Tax Policies for Enterprises with Foreign Investment

The income tax rate is 33 percent on usual for the EFIs in Hubei province. The preferential income tax was practiced in the following regions and industries.

Natural Resources

Hubei is abundant in water resources. Its total hydropower deposits are 42 million kw of which 38 million kw are usable.

Traffic and communication in Hubei

Hubei, as an important traffic hinge of the nation, has very convenient traffic conditions and highways, waterways, flight courses and telecommunication network which extend to all directions.

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