1. For foreign-invested manufacturers with the operation period more than 10 years, inclusive, their business income tax for the 1st and 2nd profit-making year shall be exempted; The tax for the 3rd profit-making year will be reduced to 50% firstly, and then 100% of the tax that normally is earned by the local tax authority will be refunded to the enterprise as a prize; and the tax for the 4th and 5th profit-making year will be levied by 50 % firstly, and then 50% of the tax that normally is earned by the local tax authority will be refunded to the enterprise as a prize; and 50% of the one for the 6th and 7th profit-making year will be refunded to the enterprises. Besides, if the enterprises are evaluated as advanced technology type enterprises, they can continue to enjoy the 50% reduction of business income tax ratio. 2. If an enterprise is evaluated as a hi-tech inland-China invested enterprise, 100% of the tax that normally is earned by the local tax authority for the first 3 years will be refunded to the enterprise as a prize; for the next 3 years, 50% of the tax that normally is earned by the local tax authority will be refunded to the enterprise as a prize. 3. After the period of tax exemption or reduction expires, if the output of products for export of an enterprise occupies over 70% of the gross output of the year, the enterprise income tax ratio will be reduced to 50% for that year. 4. If an enterprise registers in our zone, its basic value-added tax ratio will be 17%. Starting from the year of registration, the tax that normally is earned by the local tax authority will be refunded to the enterprise in proportion as a prize, but the maximum proportion will not exceed 80%. 5. If a project is evaluated as a hi-tech result transformation project, or as a hi-tech result transformation project whose intellectual property is self-owned, its tax preferential policy will conform to the regulation in [Shanghai Hi-tech Results Transformation Promotion Rules]. 6. If the national and local finance and taxation system and relevant policies are readjusted, the preference will be in conformity to the law and regulation and policies readjusted.