1.For any export-oriented enterprise whose output value of exported products amounts to more than 70% of the total output value,the income tax levied by locality shall be reduced by 50% in the first five yers,except those levied by the State.

2.For any foreign-funded enterprise,50% of the income tax continually levied by locality shall be returned in the next four years,except those levied by the State.

3.For and manufacturing venture invested by domestic or foreign business,50% of the value-added tax levied by locality shall be returned for the first year,35%for the second year and 15% for the third bear.The returned amount shall be used for technical transformation.

4.For any manufacturing venture invested by domestic or foreign business,the adjustment tax for investment orientation shall be exempted.The land-use fee for foreign-funded enterprise shall be first charged and than totally returned.

5.According to the location and term of the land used,the nature,scale and comprehensive benefits of the project and the period of construction,the comprehensive land price shall be reduced to a certain amount on the basis of the standard price stipulated by Jiangsu province.for projects in large scale or with hight & new technology,any industrial project with large amount of investment and any project for cocial cause,the comprehensive land price shall be determined on a one-by-one basis according to the concrete situation.

6.Xishan Town Foreign trade Company shall be responsible for performing relevant formalities concerning land requisition,business license,taxation and other issues necessary for establishing a project.