2021.03.05 13:47 GMT+8

China to keep 75% tax cut on enterprises' R&D costs: Premier Li

Updated 2021.03.05 13:47 GMT+8
CGTN

"We will continue to implement the policy of granting an extra tax deduction of 75 percent on enterprises' R&D costs, and we will raise this to 100 percent for manufacturing enterprises," Chinese Premier Li Keqiang said while delivering a government work report at the opening of the 13th National People's Congress' fourth session in Beijing on Friday.

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