1. Schools, hospitals, sanatoriums for the old, nurseries, and kindergartens which are run by Hong Kong, Macao, and Taiwan residents, foreign-funded enterprises, enterprises with funds from Hong Kong, Macao, and Taiwan, foreign citizens, or citizens without nationality (stateless persons), are exempt from urban real estate tax for private use of housing.

2. Foreign-funded enterprises and enterprises with funds from Hong Kong, Macao and, Taiwan, whose handicapped employees account for more than 35% of the average staff, for an entire year, are exempt from urban real estate tax for their self-use houses.

3. Foreign citizens, citizens without nationality, and residents of Hong Kong, Macao and, Taiwan are exempt from urban real estate tax for their non-business use of houses.

4. Unsold or untapped commercial houses which are developed and built by foreign-funded enterprises and enterprises with fund from Hong Kong, Macao, and Taiwan are exempt from urban real estate tax.

5. Foreign-funded enterprises and enterprises with funds from Hong Kong, Macao, and Taiwan are temporarily exempt from 50 per cent of the urban real estate tax for the residential buildings they rent to their employees.

6. Foreign-funded enterprise is exempt from the urban real estate tax, for temporary shops built and leased, in the process of commodity development.

7. Hong Kong & Macao International (Group) Co. , Ltd., as well as its mainland and Hong Kong subsidiaries, is exempt from the urban real estate tax for its real estate in Chinese territory, and the real estate transferred from a debtor.

8. The urban real estate tax, levied in terms of the original value, shall be temporarily deducted by 20%; levied in terms of the lease income, and shall be temporarily deducted by 33.3%. The taxpayer having difficulty in paying the real estate tax may apply to the local tax authority for corresponding exemption. With the examination and approval of the local tax authority of and above prefecture level, based on this very article and the authorities over tax-reduction, the urban real estate tax may be reduced accordingly.