The Circular states that from May 1, 2018 to December 31, 2019, land leased by a logistics enterprise for bulk commodity warehousing facilities shall be subject to urban land use tax at 50 percent of the applicable standard tax of the corresponding class that such land falls under, in a bid to boost the healthy development of the logistics industry. Taxpayers eligible for the reduced tax shall go through record-filing formalities with the competent tax authorities by presenting relevant materials. Moreover, the Circular notes that the definition of logistics enterprises, the scope of bulk commodity warehousing facilities, and other matters not clarified in this Circular, shall be subject to the Circular on Continuously Implementing the Preferential Urban Land Use Tax Policy for Land Used by Logistics Companies for Bulk Commodity Warehousing Facilities (Cai Shui [2017] No.33).