PRC mainland definition

PRC mainland or the “Mainland China” means all the customs territories of the PRC excluding Hong Kong, Macau and Taiwan of the PRC for purpose of interpretation of this document only.
PRC mainland means The People’s Republic of China and for the purpose of this Prospectus, excluding Hong Kong and the Macau Special Administrative Region.
PRC mainland means the People’s Republic of China, which for the purpose

Examples of PRC mainland in a sentence

  • Ms. Ding holds a Master’s Degree in Business Administration from the San Francisco State University in the United States and a Bachelor degree in Electrical Engineering from the Sichuan University in the PRC mainland.

  • All of the Group’s revenue are derived from activities in, and from customers located in the PRC mainland and no geographical segment analysis is prepared.

  • Full time employees of the Company located in the PRC (mainland), participate in a government-mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance and other welfare benefits are provided to employees.

  • Full time employees of the Company and Wuxi KJF located in the PRC (mainland), participate in a government-mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance and other welfare benefits are provided to employees.

  • Approximately 86% of the carrying values of the Group’s assets are situated in the PRC mainland.

  • A lower 5% withholding tax rate may be applied when the immediate holding companies of the PRC mainland subsidiaries are incorporated or operated in Hong Kong and fulfil the requirement to the tax treaty arrangement between the PRC mainland and Hong Kong.

  • The B Shares ranked pari passu in all respects with the A Shares except that A Shares can only be owned and traded by investors in the PRC mainland; while B Shares can be owned and traded in foreign currency by both foreign and qualified domestic investors.

  • The corporate income tax rate applicable to the group entities located in the PRC mainland (“PRC mainland entities”) is 25% according to the Corporate Income Tax Law of the People’s Republic of China effective on 1 January 2008.

  • Land in PRC mainland is state-owned or collectively-owned and no individual land ownership right exists.

  • The subsidiaries of the Group were mainly registered in PRC mainland, Macao and Hong Kong, respectively, where profit tax rates vary.


More Definitions of PRC mainland

PRC mainland means the mainland of People’s Republic of China, excluding Hong Kong, Macau and Taiwan;

Related to PRC mainland

  • Mainland China means the People’s Republic of China (excluding Hong Kong, Macau and Taiwan).

  • China means the People’s Republic of China, excluding, for purposes of this Agreement, Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan.

  • HKFE means the Hong Kong Futures Exchange Limited.

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • PRC means the People’s Republic of China, but solely for purposes of this Agreement, excluding the Hong Kong Special Administrative Region, the Macau Special Administrative Region and Taiwan.

  • Europe means the European Union, the European Economic Area and/or their member states, Switzerland and the United Kingdom.

  • Boycott Israel means refusing to deal with, terminating business activities with, or otherwise taking any action that is intended to penalize, inflict economic harm on, or limit commercial relations specifically with Israel, or with a person or entity doing business in Israel or in an Israeli-controlled territory, but does not include an action made for ordinary business purposes; and