Latest data from the State Taxation Administration, the country's top tax authority, showed that tax breaks for companies' research and development spending and technology transfers totaled 806.9 ...

China encourages foreign businesses to expand investment in sectors including advanced manufacturing, modern services, ...

In 2024, the sales revenues of China's high-tech sectors grew 9.6 percentage points faster than the overall national growth rate, reflecting the rapid development of innovative industries. The sales ...