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April 18, 2011

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City hopes for tax-rebate trial

SHANGHAI may apply for a tax-rebate trial at a holiday resort in the Pudong New Area, the director of the city's tourism bureau said yesterday.

"We are thinking of applying to the central government to start a tax-rebate trial in a certain place, maybe a holiday resort, in Pudong," Dao Shuming, director of the Shanghai Tourism Bureau, said yesterday during a radio broadcast.

He didn't specify a time frame or a resort although speculation was rife that it would be for Shanghai Disneyland.

Dao said Hainan Province was conducting a trial on the tax-free policy, and if they succeed, Shanghai "should also test it."

Shanghai authorities have long called for such a policy. A trial started in Pudong in 2005, but it was discontinued because the State Council didn't approve it, the tourism bureau said.

"If Shanghai wants to become a shopping paradise, such supporting policies are necessary," Dao said.

Although Dao didn't mention which "holiday resort" will be counted in the tax-free zone, Shanghai has stepped up efforts to develop tourism.

The ground-breaking ceremony for construction of Shanghai Disneyland in Pudong was held on April 8. A holiday resort is expected to be built around the theme park.

Dao said the theme park in Shanghai will be very different from others around the world as Chinese cultural elements will be mixed with Disney's trademarks.

"We hope to form a Chinese brand of Disney, and this will attract many tourists," he said.

Dao also emphasized that Disneyland will not be the only tourism project in the next five years. Other projects, such as the second phase of Happy Valley and a grand resort in Qingpu District, will also be built.




 

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