Because of high tax burdens, most mainland shipping companies sailing international routes have shunned the homeland, setting up operational bases in low-taxed jurisdictions and flying their vessels with foreign flags. Because of high tax burdens, most mainland shipping companies sailing international routes have shunned the homeland, setting up operational bases in low-taxed jurisdictions and flying their vessels with foreign flags.
Because of high tax burdens, most mainland shipping companies sailing international routes have shunned the homeland, setting up operational bases in low-taxed jurisdictions and flying their vessels with foreign flags.

State Council issues guidelines to reform shipping industry

Policy initiative issued by State Council lifts importance of shipping to national strategic level

Because of high tax burdens, most mainland shipping companies sailing international routes have shunned the homeland, setting up operational bases in low-taxed jurisdictions and flying their vessels with foreign flags. Because of high tax burdens, most mainland shipping companies sailing international routes have shunned the homeland, setting up operational bases in low-taxed jurisdictions and flying their vessels with foreign flags.
Because of high tax burdens, most mainland shipping companies sailing international routes have shunned the homeland, setting up operational bases in low-taxed jurisdictions and flying their vessels with foreign flags.
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