Original sentence: The preferential policy of the State to the overseas high-tech companies, such as corporate income tax exemption during the first two years of business establishment and 50 percent tax reduction in the following three years will expire within 5 years from 2008, although reduced tax rate of 15% (not at 25%) for high-tech companies will remain.The university graduates who have sought high-tech jobs are given the Dalian City residence right
Edited sentence: After this five year period, the Dalian municipal government will offer a reduced tax rate of 15% rather than the usual 25% for high-tech companies.The Dalian municipal government offers generous tax exemptions and subsidies such as corporate income tax exemption during the first two years of business establishment and 50 percent tax reduction in the following three years.The university graduates who have sought high-tech jobs are given the Dalian City residency rights