China offers R&D tax cuts for integrated-circuit and industrial machinery sectors Chinese authorities announced a tax cut on the research and development (R&D) expenses of eligible integrated-circuit and machine-tool firms between January 1, 2023, and December 31, 2027 to spur enterprise-led innovation. 1.4w 09-21 11:37 China’s $9 billion of car purchase tax cuts could boost sales by 5%, industry body chief says The Chinese government has proposed to cut taxes of RMB60 billion ($9 billion) in vehicle purchase earlier this week 2.3w 05-26 20:11 READ MOST No Data Yet~ POPULAR TAGS No Data Yet~