1, China Resources Group
China Resources Group is headquartered in Hong Kong. Prior to this, China Resources Group was an underground transportation station established in Hong Kong during the Anti-Japanese War, which made great contributions to the establishment of New China at that time. 1949 was officially renamed as China resources company, and 1983 was reorganized as China resources group. In 2003, China Resources Group was supervised by SASAC.
Today, China Resources Group has become one of the four Chinese-funded enterprises in Hong Kong. China Resources Group has six listed companies, namely China Resources Real Estate, China Resources Power, China Resources Medicine, China Resources Cement, China Resources Beer and China Resources Gas. Moreover, the business of China Resources Group also involves enterprise management, retail and finance. We are familiar with China Resources Su Guo, CR Vanguard, Ipoh Mineral Water and so on, which are also products of China Resources Group.
2. CITIC Group
CITIC Group, founded by Rong Yiren, the former richest man in China, is mainly engaged in financial business, and its subsidiaries include CITIC Bank, CITIC Securities, Huaxia Fund and CITIC Fund. Moreover, CITIC Group covers many fields and has 175 subsidiaries, which is the largest enterprise group in China at present. Not only that, recently it was reported that CITIC Group will enter the social market, join hands with shrimp to enjoy dating, and build a platform for mass dating.
3. Investment promotion in China
The history of China Merchants can be traced back to 1872, which can be said to be the oldest enterprise in China. As the earliest shipping company in China, China Merchants witnessed and participated in the Westernization Movement, which was a great achievement and a pioneer of national industry and commerce in China. In other words, China Merchants, founded by Li Hongzhang, the minister of the late Qing Dynasty, in 1872, is the oldest company among the four giants.
After the founding of New China, it was upgraded from an early shipping company to the earliest domestic-funded enterprise in Hong Kong. But also in the list of four Chinese-funded enterprises in Hong Kong. China Merchants Bank is a well-known enterprise under China Merchants. Not only that, China Merchants Bank also involves infrastructure, ports, highway management, real estate and other fields.
4. Poly Group
Poly Group was founded in 1993, formerly known as Poly Technology Co., Ltd., and is a large central enterprise group supervised by SASAC. Established in 1984 by the joint investment of the former General Staff Equipment Department and CITIC Company. Its main business is the import and export of military equipment. At first, Poly was born to cooperate with millions of disarmament workers. Today, the business of Poly Group mainly involves international trade, real estate development, mineral resources development, cultural industry management and other fields, covering more than 100 countries and regions around the world.
The concept of tax exemption:
Tax exemption refers to the encouragement or special care given by the state to some taxpayers or taxpayers in order to realize certain political and economic policies. Tax reduction is to reduce some taxes from the applicable taxes; Tax exemption means exemption from all taxes.
China has a vast territory, and its economic situation varies widely. Perhaps because of the requirements of the national economic policy, it is necessary to give some support and encouragement to the development of certain industries, enterprises or products; It may be because some taxpayers have suffered unexpected losses caused by natural disasters and need special care; It may also be because the production and operation conditions have changed greatly.
However, the tax rate stipulated in the tax law is not suitable for adjustment at present and needs special care, and so on. Therefore, it is necessary to take tax reduction and exemption measures, combine the unity of tax law with the necessary flexibility, and treat all kinds of special situations in taxation according to local conditions.