The state is formulating regulations including tax cuts to encourage new energy development

On November 16, the 2006 Jiangsu International New Energy Exhibition with the theme of “Developing New Energy and Creating a Bright Future” was opened in Nanjing, and more than 160 domestic and foreign companies and related institutions participated in the exhibition. The exhibition will last for three days. China News Agency issued A Dong photo

According to the Hong Kong Ta Kung Pao, Professor Meng Yuezhong, director of the Institute of Energy and Environmental Materials at Sun Yat-Sen University, said in Guangzhou recently that the amount of new energy used in the country is no more than 3%. The relevant state departments are formulating 17 policies and regulations to encourage enterprises to develop new energy sources, including preferential policies for exempting income tax from new energy development enterprises, and regulations are being formulated.

According to the report, Meng Yuezhong said that with the rapid development of industrialized production, global energy consumption has increased sharply, environmental pollution has become increasingly serious, and energy crisis and environmental protection issues have become one of the important issues in economic and social development. To solve these two problems fundamentally, we must start with materials.

Meng Yuezhong also said that the state attaches great importance to energy and environment. The new energy law will be officially promulgated from January 1 next year, and has encouraged the development and utilization of new energy from the perspective of legislation. In addition to new energy sources, the state is formulating 17 policies and regulations to encourage the development of new energy sources, mainly including taxation, tax exemption and other supporting measures to encourage, such as new energy development enterprises exempt from income tax and other preferential policies.

Meng Yuezhong also said that in general, to learn from Western countries, such as Europe, the use of renewable energy, the government will be free of 20% of the tax, to the supermarket with plastic bags will have to pay a dime. At present, the development of the national new energy is at a very low level. This low level is mainly a technical issue, and this technical problem is reflected in the material problem. Rather, the new materials are too costly to do. The seventeen regulations are tax cuts and tax exemptions to encourage more companies to develop new energy sources.
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From: Zhongxin Net

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