-1.7 C
New York
Thursday, January 28, 2021

Foreigners can invest in Tibetan medicine in Tibet

(TibetanReview.net, Dec 26) — Foreign investors can open hospitals in Jilin, run gas stations in Hubei and develop Tibetan medicines in Tibet Autonomous starting Jan 1, 2009, with each of the 21 provinces, autonomous regions and municipalities in western and middle PRC having identified its own investment preferences in an updated 28-page catalogue issued Dec 25 by China’s National Development and Reform Commission (NDRC), reported China’s official China Daily newspaper Dec 26. It said the expanded business opportunities were among those listed in Beijing’s updated foreign investment directory for the middle and western regions.

The report said that to attract foreign investment, local governments in these areas had come up with various preferential measures such as tax breaks, low-interest loans and cheap rent on industrial-purpose land.

It was not clear what else foreigners can invest in Tibet specifically, although the report said, in general terms, that, with tax breaks, they can also invest in occupational training, operation of holiday destinations and even passenger transportation by bus or train. It cited the NDRC spokesman as saying that overseas investors could start businesses on their own or via joint ventures with Chinese partners.

Share
  •  
  •  
  •  
  •  

Related Articles

China criticizes India for honouring its Galwan Valley clash martyrs

(TibetanReview.net, Jan27’21) – China has on Jan 26 criticized India for presenting gallantry awards to its soldiers who had died while fighting...

WHO says vaccine coverage unlikely to reach sufficient level to stop Covid-19 spread in near future

(TibetanReview.net, Jan27’21) – The number of people confirmed to have been infected with the novel coronavirus and whose outbreak in the city...

UN questions Nepal on plight of Tibetan refugees in review of its rights record

(TibetanReview.net, Jan26’21) – Nepal has claimed to protect from refoulment and “treat well” the around 20,000 Tibetan refugees living in the country...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

6,132FansLike
630FollowersFollow
7,039FollowersFollow
- Advertisement -

Latest Articles

China criticizes India for honouring its Galwan Valley clash martyrs

(TibetanReview.net, Jan27’21) – China has on Jan 26 criticized India for presenting gallantry awards to its soldiers who had died while fighting...

WHO says vaccine coverage unlikely to reach sufficient level to stop Covid-19 spread in near future

(TibetanReview.net, Jan27’21) – The number of people confirmed to have been infected with the novel coronavirus and whose outbreak in the city...

UN questions Nepal on plight of Tibetan refugees in review of its rights record

(TibetanReview.net, Jan26’21) – Nepal has claimed to protect from refoulment and “treat well” the around 20,000 Tibetan refugees living in the country...

Tibetan among Ladakh border operations valour honorees

(TibetanReview.net, Jan26’21) – In an open acknowledgement of the previously secretive Special Frontier Force (SFF), which is made up mostly of Tibetans...

India makes ban on 59 Chinese apps permanent, China calls it revenge move

(TibetanReview.net, Jan26’21) – In an apparent reflection of the state of Sino-Indian relations arising from the eight-month-old ongoing border standoff, India has...
Share
  •  
  •  
  •  
  •