China to Increase Tax Breaks on High-Tech Companies: Sec. Times

China will continue with tax breaks to support industries, with a focus on high tech companies, Securities Times reported, citing analysts.

• Tax breaks will continue on certain sectors despite a slew of removals of tax rebates on industries such as solar panels, batteries earlier this year
• China may increase preferential tax treatment on high-tech companies, advanced manufacturers and low-carbon companies, it reported, citing Sun Kunpeng, vice director of School of Public Finance and Taxation, Central University of Finance and Economics.
• READ: China Solar Giant Warns of Demand Whiplash after Rebate Rollback

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