Foreign owned enterprises, which establish themselves in Lushunkou Distric, enjoy the general preferential policies stipulated by the Chinese government to encourage foreign investment in China. In addition, such enterprises will also enjoy some special preferential policies because they are choosing to locate in Lushun in the northeast of China, and thus quality to benefit from the State’s policy to develop the old industrial base of the Northeast as the Dalian municipal preferential policies.

The area covered by the “Guide to Advantageous Foreign Investment in China’s Mid-West Regions” includes Liaoning Province. Thus, in an effort to encourage investment, foreign invested projects which qualify for this scheme can enjoy preferential policies in term of import taxes.

Foreign invested hi-tech industries and research and development facilities which import products which are not produced in China such as reagents, machine prototypes and on are exempted from customs duties and import related value added tax.

Foreign invested enterprises in the Dalian region shall be exempt from local income tax for seven years after they begin to generate profits. The foreign invested projects encouraged by Dalian City will at that stage enjoy a further three more years of favorable local income tax policies.