As regards the following incomes, the enterprise income tax may be exempted or reduced: (1) The incomes generated from the engagement in agriculture, forestry, husbandry and fishery; (2) The incomes generated from investment in and business operations of the important public infrastructure projects supported by the state;(3) The income generated from the projects of environmental protection, energy and water saving and satisfying the related requirements;(4) The incomes generated from transferring technologies and satisfying the related requirements;(5) The income as provided for in Paragraph 3, Article 3 of the present Law.

(Lawyer Wu Yingjie)