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Preferential tax policies give boost to innovative development of enterprises - Vimarsana News

Preferential tax policies give boost to innovative development of enterprises

By Wang Guan Enterprises play a principal role in innovation. They are also the primary driving force for innovation. Today, the research and development (R&D) expenditure of Chinese enterprises accounts for over 70 percent of all R&D expenditure of China. To give full play to the guiding and supporting role…