China will not grant any exemption to foreign companies seeking a waiver on capital import tariffs. Until March 31, foreign firms were exempted from paying tariffs on imports of capital equipment. Wang Liaoping , deputy director-general of the Ministry of Foreign Trade and Economic Co-operation's foreign investment administration, said foreign investment projects could still enjoy the exemption if their feasibility studies had been approved by the State Council or related authorities before April 1. He said the government would not consider any application for exemption after March 31. There had been talk that applications would be considered on a case-by-case basis. 'There will not be any exemption to individual new investments because the aim of the reform is to provide a level playing field without any discrimination,' Mr Wang said. Foreign investors had flocked to China since October last year when the government announced plans to end the exemption. Mr Wang said about 20,000 foreign joint ventures were approved between October and March. 'Very few were disqualified,' he said. He expects the inflow of foreign capital to slow after the record jump in the first four months. The number of new projects approved rose 84 per cent in the first four months, with a year-on-year surge of 70 per cent in April alone. The ministry will jointly organise an investment policy seminar and exhibition with the Trade Development Council next week. Mr Wang said one of the aims of the event was to lure foreign investment to the central and western regions of China. He said investors would be given incentives, including allowing them controlling stakes and larger domestic sales quotas.