Plans revealed to boost Tibet's water industry

Tibet autonomous region is aiming to attract new investment into its natural water industry to boost sales nationally and overseas and make the sector one of its economic growth engines.

Among a raft of measures being introduced by the local government, natural drinking water manufacturers will now be exempt from all corporate tax for five years, starting from the first year a company starts making profits.

Companies registered in the autonomous region currently pay 15 percent tax, as part of China's West Development Strategy.