East China’s Jiangsu province doled out New Year policy packages to the enterprises on the first day of the New Year.
Jurong--based Jiangsu Shenghai Clothing Technology Co., Ltd. is a foreign trade enterprise that integrates multiple industries such as digital transfer printing and digital offset printing with its products exported to countries such as the United States and Canada.
In order to make the product more competitive, the company has continued to increase investment in updating and transforming equipment.
The tax department staff recently visited the company to promote and interpret tax preferential policies, especially related policies such as R&D expenses deduction in the digital transformation.
“We have enjoyed the country’s policy of additional deductions by receiving over 2 million tax reductions, so we can further upgrade our equipment and strengthen our market competitiveness,” said Yuan Jiqin, Deputy General Manager of Jiangsu Shenghai Clothing Technology Co., Ltd.
On the first working day of the new year, Hailing District of Taizhou City accelerated the construction of the Sansen No.2 resettlement community. With eight residential buildings already capped, workers are building internal walls.
The workers are working overtime to ensure that the relocated residents can move into their new homes as soon as possible.
