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                  more> Comment

                  China has been rolling out multiple measures to streamline the inbound tourism process, address issues and optimize visa and customs policies, improve tourism services, and upgrade the management of the shopping environment at cultural and tourism sites.

                  2024-06-01 00:56:42

                  more> Policy
                  • The outlook for China's digital development in 2023 was promising, with its total computing power reaching 230 EFLOPS, ranking second globally. That was revealed by the Digital China Development Report (2023) released during the 7th Digital China Summit that opened in Fuzhou city, southeast China's Fujian province on May 24.

                    2024-05-31 11:13:24

                  • Expenditures funded by enterprises for specific basic research are now allowed to be deducted at the rate of 100 percent before tax. In addition, the income generated from the commercialization of sci-tech achievements will enjoy tax incentives, including value-added tax (VAT) reduction and income tax reduction.

                    2024-05-31 09:38:36

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