¡¡¡¡(Adopted by the 34th
Executive Meeting of Ningxia Hui Autonomous
Region People¡¯s Government, promulgated
by Decree No. 61 (2004) of Ningxia Hui Autonomous
Region People¡¯s Government, and effective
on May 26, 2004)......
¡¡¡¡Preferential Policies on Income
Tax of Enterprises with Foreign Investment
Article 21 Enterprises with foreign investment shall enjoy
the 3 per cent local income tax exemption.......