The Chinese government is expected to implement personal tax relief policies that were designed to attract top executives to the country. The government also hopes that the new policies will
benefit both large corporations and fast-growing startups to retain their brightest executive talent.
Business insiders in China expect a tax relief on noncash types of compensation to be offered to top corporate executives. It is one of the steps that Beijing is willing to take in
order to keep highly qualified executives from leaving the country to pursue better opportunities overseas.