Is Zhongshan Torch Development Zone a duty-free zone?

Yes Zhongshan Torch Hi-tech Industrial Development Zone is the only state-level development zone in Zhongshan, with obvious location advantages. In terms of tax incentives, Zhong Kai Co., Ltd., Yangming Electric Co., Ltd., Chubang Soy Sauce and Northbell Company in the region enjoy or have enjoyed preferential income tax policies of two exemptions and three reductions, and these companies also enjoy corporate income tax that contributes 90% to the local economy.