国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / View

Anti-trust move is fair, not targeted at foreign firms

By Xin Zhiming (China Daily) Updated: 2014-08-12 11:10

The victim mentality reflected in the willful accusation of China's normal regulatory moves could have resulted from the changing business landscape in China in recent years.

In the 30 years following China's launch of the reform and opening-up drive in the late 1970s, foreign companies have been widely welcomed as their investment can bring much-needed capital to cash-thirsty local governments. As a result, "introduction of foreign capital" has become a crucial factor in evaluation of the career performance of local officials and local governments competed fiercely with each other in releasing preferential policies, such as free or low-cost use of land and tax exemption, to woo foreign investors.

Only in recent years have authorities realized that such investor-wooing policies are not sustainable and have put domestic enterprises at a disadvantage.

In a landmark move, China unified its corporate income tax rate for foreign and domestic companies at 25 percent in 2007. Previously, the rate for both types was 33 percent, but in reality, local governments have offered various preferential tax treatments to foreign companies, giving them an edge when they compete with Chinese rivals.

The move is a crucial step for China to build an equality-based market for all, but by depriving foreign enterprises of their super-national treatment, it has inevitably aroused protests from those spoiled foreign players.

In the same vein, the current anti-trust move, which is also an indispensable step for China to build a real, mature market economy, is set to make the scrutinized foreign companies uneasy.

Instead of complaining, they should rethink their way of operation in the maturing Chinese market.

The author is a senior writer with China Daily. xinzhiming@chinadaily.com.cn

Anti-trust move is fair, not targeted at foreign firms

Anti-trust move is fair, not targeted at foreign firms

Top 9 anti-trust cases in China China's antitrust body slaps fine on Japanese firms 

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
...
西畴县| 霍城县| 濮阳市| 宣城市| 武邑县| 清涧县| 修武县| 杭锦旗| 新营市| 内黄县| 农安县| 乡城县| 大丰市| 丹寨县| 绥化市| 黔西县| 临猗县| 宣恩县| 金平| 监利县| 庆阳市| 漳州市| 腾冲县| 武川县| 金川县| 花莲县| 建平县| 武穴市| 万山特区| 珲春市| 浏阳市| 布拖县| 西和县| 密云县| 蛟河市| 浦城县| 利川市| 鹤山市| 自贡市| 勐海县| 白朗县|