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HQ of four companies to be established in Pingtan

( chinadaily.com.cn )

Updated: 2013-09-25

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Government authorities in the Pingtan Comprehensive Pilot Zone have approved the establishment of headquarters of four enterprises - Fujian Zhongfu Industries Ltd, Shantian Forestry Ltd, Dongxing Securities and Funeng (Pingtan) Finance Leasing Ltd.

The policies – aimed at attracting more investment - allow headquarter enterprises in Pingtan to enjoy bonuses equivalent to at least 50 percent of their taxation from the local government.

The establishment of the four headquarter enterprises will play a positive role in Pingtan's economic development as it will help increase the gross domestic product and tax revenue of Pingtan, according to the local bureau of finance.

Edited by Chen Zhilin and Niva Whyman