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Major taxes
China adopts a compound tax system of multiple tax types. Under the current system, 18 types of tax are divided into the following categories according to the object of taxation.
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Preferential tax policies
At present, a tax system is in effect to ensure that "preferential treatment is mainly granted to industries, with regional preferences as a complement."
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Latest tax policies for foreign trade and investment
In recent years, China has implemented a series of supportive tax policies and streamlined tax administration measures to foster the stable growth of foreign trade and attract foreign investment.