Advances in Economics, Management and Political Sciences
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Proceedings of the 2023 International Conference on Management Research and Economic Development
Series Vol. 19 , 13 September 2023
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The Significance of Regional Tax Incentives in Creating Economic Profit Zones: A Case Study of Khorgos, Xinjiang, China
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Abstract
The government may use tax incentives to attract companies to register in an economically unbalanced region to boost the local economy and create an economic profit zone. Regional tax incentives can reduce costs and increase profitability, thus creating an economic profit zone. This paper examines the significance of regional tax incentives in creating economic profit zones by using Khorgos of Xinjiang, China as an example. The study concludes that the significance of regional tax incentives in creating economic profit zones lies in balancing and regulating the regional imbalance of development from within the country itself.
Keywords
regional tax incentives, profit zone, Khorgos, Xinjiang Province, preferential policies, enterprise
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2023 International Conference on Management Research and Economic Development
- ISBN (Print)
- 978-1-915371-81-2
- ISBN (Online)
- 978-1-915371-82-9
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/19/20230113
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited