China: Tax incentives

The Chinese government provides tax incentives to promote the development of renewable energy technologies. The standard VAT is 17%. However, VAT for biogas is only 13%, and VAT for wind is 8.5% and for small hydro-projects is only 6%.

Status: In Force

References: Executive Summary of the National Communication to the UNFCCC; Reform of China’s Energy Institutions and Policies: Historical Evolution and Current Challenges, Energy Technology Innovation Project, Belfer Center for Science and International Affairs, John F. Kennedy School of Government, Harvard University (2001),

http://www.nrel.gov/docs/fy04osti/36045.pdf