A study on tax preferential policies compatible with the 'rise of central China' strategy

During the transformation process from planning economy to market-oriented one, the region of Central China slowed down the speed of development. Recent years, the central government has raised the 'Rise of Central China' strategy in case of 'dented Central'. However, as one of the strategically measurements, tax preferential policies are not clearly defined. The paper begins with the ongoing situations about economic, natural and tax resource of the six central provinces, which indicate the advantage and disadvantage of the Central China. Then the paper concludes the present tax preferential policies of the central region, and makes the comparison with that of Northeast, Western and Eastern areas. Finally, some suggestions on tax design issues are proposed to improve the investment environment of Central China.