Article 1: in order to accelerate the development of the global-market-oriented economy of Ordos, and to attract foreign investments, these provisions are hereby developed. 

Article 2: these provisions are applicable to the Sino-foreign joint ventures, Sino-Foreign cooperative joint ventures and foreign-funded companies (hereinafter abbreviated as foreign investment enterprises) and other non-profit business incorporated and developed in Ordos by foreign companies and enterprises as well as other economic organizations and individuals.

Article 3: in terms of a production-oriented foreign investment enterprise with more than 10 years of operating period, it is exempted from enterprise income tax in the first year and second year and exempted from half of enterprise income tax from the third to fifth year starting from the year when it becomes profitable. From the sixth year starting from the year when it becomes profitable to the expiry of the operating period, it pays income tax pursuant to the income tax rate stipulated by the country. Local financial department will refund all the income tax beyond the 22%.

Article 4: the establishment of a foreign investment enterprise with large amount of investments is encouraged. (I) if the industry involved is the one encouraged for development under the industry policy of China, foreign investments are more than USD 3 million and the operating period exceeds 10 years, upon the approval of the financial and taxation departments, the foreign investment enterprise is entitled to related preferential taxation pursuant to the standard applied in an opening-up city. (2) if foreign investments reach USD 5 million, the operating period exceeds 10 years, and the foreign investment enterprise engages in service industry, it pays tax in accordance with the stipulated tax rate starting from the year when it becomes profitable, and the local financial department will refund 50％ of the tax it paid.

Article 5: if foreign investment enterprises will re-invest its realized profits (inclusive of income taxes discounted, exempted and refunded) in the production of export commodities and expansion of export commodity resources, the enterprise can file an application to the financial and taxation departments and will be exempted, upon approval, from enterprise income taxes; when the produced commodities are exported, zero tax rate is applied to value-added taxes; in case the commodities are dutiable consumables, the enterprise is exempted from excise. After the period during which the foreign investment enterprise is entitled to exemption of taxes on its export products, when the export production value of the enterprise reaches more than 70% of the total value of the products produced in the same year, it is exempted from half of income taxes.  

Article 6: any enterprise engaging in farming, animal husbandry and forestry is entitled to tax exemption and discount as stipulated during its operating period. Upon the expiration of the period, after the approval of the financial and taxation departments, it is entitled to a 30% less enterprise income tax within 10 years.

Article 7: a foreign investment enterprise is exempted from local income taxes.

Article 8: any foreign investment enterprise not engaging in transportation business is exempted from vehicle and vessel usage license plate taxes.

Article 9: a foreign investor who invests in energy and transportation (coal, power, railway, highway) projects is entitled to the following preference: （1） the investor is allowed to carry out construction and operation through the way of building-operating-transferring (OBT); (2) in terms of highway projects, the investor is allowed, upon approval, to expand land development and service business pertinent to the projects within some certain scope around the location of the projects.

Article 10: foreign investors are encouraged to restructure the currently existing enterprises in Ordos, and are allowed to acquire full or part of the ownership of the SOEs approved for transfer by Ordos through funding, purchasing, share participation, acquiring controlling shares and bearing liabilities. (1) supplementary loans are granted in priority to the restructuring projects that have been listed in the technical restructuring plan of Ordos and are compliant with the industry policies of the country; (2) the restructured enterprises’ raw materials purchased pursuant to the original supply channel plan belong to new types of materials, and the enterprises are treated like SOEs and are covered under the material allocation plan.

Article 11: the preferential policy on land use is applied (1) a foreign investment enterprise is exempted from land use fee within the construction period approved; (2) in case an investor establishes his enterprise on the ground that the enterprise currently owns, and the operating period of the enterprise lasts for more than 10 years, the enterprise is exempted from land use fee within 5 years starting from the year when it is set up; (3) in terms of a foreign investment enterprise engaging in product export, having advanced technology, engaging in energy, transportation infrastructure, resource development or raw material production, with its operating period lasting for more than 15 years, when the investment amounts reach USD 0.5–1 million, the enterprise will be exempted from land use fee for 5 years starting from the year when it is set up; when the investment amounts reach USD 1.01-3 million, the enterprise will be exempted from land use fee for 7 years starting from the year when it is set up; when the investment amounts reach USD 3.01 million and above, the enterprise will be exempted from land use fee for 15 years starting from the year when it is set up

Article 12: when issuing loans, upon bank review and approval, priority is given to a foreign investment enterprise with a need of short-term current funds and other necessary credit funds. The enterprise can apply for Renminbi loans with convertible foreign exchange, fixed assets or other properties as stipulated by the State as its collaterals.

Article 13: priority supply is given when a foreign investment enterprise and the non-profit business it operates are in need of waters, powers, gas and telecommunication equipments.

Article 14: an enterprise engaging in product export, having advanced technology, engaging in energy, transportation, infrastructure construction or raw material production is exempted from half of urban infrastructure auxiliary fee.

Article 15: when a foreign investment enterprise transports products, it shall report to the related transportation department which will make a priority arrangement for the enterprise.

Article 16: when foreign employees (including their family members) of a foreign investment enterprise locating in Ordos need board and lodging as well as transport services, the same standard applied to domestic citizens is used.

Article 17: in terms of an application submitted by a foreign investor for review and decision, the acceptance organ shall make a reply within a half month upon receipt of the application. In case a foreign investment enterprise submits full necessary documents and completes full formalities during its application for registration, the industrial and commercial administrative department shall complete the registration and issue a license within no more than 10 days.

Article 18: in case the past related provisions are inconsistent with the above terms, the above terms prevail.

Article 19: these terms come into effect upon promulgation.