|
15% income tax in Shanghai from expatriates
(China Daily)
Updated: 2004-10-13 00:16
Some 30,000 expatriates in Shanghai were responsible for 15 per cent of the
income tax collected during the first half of this year.
Expatriates from 102 countries and regions living and working in Shanghai
paid 1.6 billion yuan (US$190 million) in income tax revenue in the first six
months of 2004, recent statistics show.
Since the city officially started issuing expatriate work permits on May 1,
1996, some 59,384 people have found employment here.
"We have seen a 30 per cent annual increase, on average, on the work
permits," said an official surnamed Sun from the Shanghai Labour and Social
Security Bureau.
By the end of September, the bureau had issued 11,106 expatriate work
permits.
One out of three were given to Japanese people.
" Japanese investment always makes up the largest proportion among all
foreign capital," said Sun.
Americans came in second place, taking some 11 per cent, and South Koreans,
about 9 per cent.
The statistics showed that 90 per cent of these expatriates have a university
degree or above.
Approximately 70 per cent work in management positions, and another 15 per
cent are engineers or senior engineers.
"The city now has at least 3,600 foreign general managers," said Sun.
Most work in foreign invested companies or representative agencies of foreign
companies.
"Only about 13 per cent of them are in non-foreign invested companies," said
Sun.
"Like any big city in the world, expatriates and immigrants play a vital role
in Shanghai's economic and social development," said Zhang Ziliang, researcher
from the Shanghai Institute of Public Administration and Human Resources of the
Shanghai Personnel Bureau.
"But there are negative impacts too, like their influence on local
employment," said Zhang. "The government has realized this and taken measures to
tackle it."
The city is becoming more strict in handing out work permits and residence
cards to foreigners.
"The government will evaluate the qualifications of every foreigner who
applies for residence or a job here, and give them a score," said
Zhang.
| |
 |
|
|
|
|
Today's
Top News |
|
|
|
Top China
News |
|
|
|
|
|
|
|
|
|
