Article 1 These Rules are formulated in accordance with the provisions of Article 29 of the Income Tax Law of the People’s Republic of China for Enterprises with Foreign Investment and Foreign Enterprises (hereinafter referred to as the “Tax Law”).

Adopted at the 28th Meeting of the Standing Committee of the Seventh National People’s Congress on November 7, 1992, promulgated by Order No. 64 of the President of the People’s Republic of China on November 7, 1992, and effective as of July 1, 1993