◆Other Preferential Policies 　　The enterprise income tax can be exempted or reduced for the income of those enterprises engaged in farming, forestry, animal husbandry and fishery industries. 　　For those enterprises engaged in stipulated environmental protection or energy/water-conservation projects, such as public sewage treatment, public garbage disposal, comprehensive development and utilization of marsh gas, technical renovation for energy-reservation and emission-reduction, seawater desalination, etc. The business income tax can be exempted for the first three years since the taxation year when the first business income occurs, and can be reduced by half in the 4th to 6th year. 　　New high-tech enterprises supported by the State government will be levied according to a business income tax rate of 15%. 　　For the technical renovations by established foreign invested enterprises, forergn-invested invention centers or export-oriented foreign-invested enterprises who are supported by the Chinese government, including the self-used equipments, supporting technologies, components or spare parts, which are imported within the originally approved production & business scope for the reason that they can't be sourced in China or those sourced in China can't meet the performance requirements, the import duty can be exempted. 　　For the self,used equipments imported within the total investment in the encouraged foreign-invested projects complying with the Catalogue of the Guidance for Foreign-invested Industries', the import duty can be exempted, except those commodities unlisted in Import Commodities Catalogue for tax exemption for foreign-invested projects..