innovative development
Enterprises enjoy the R&D expenses plus deduction policy, which reduces taxes by 333.3 billion yuan in advance, effectively promoting the innovation and development of enterprises. Enterprises are allowed to enjoy preferential policies in the first three quarters in advance, and the deduction ratio of manufacturing enterprises is increased from 75% to 100%. According to the data, 320,000 enterprises in China enjoy the preferential policy of R&D expenses plus deduction, and the tax is reduced or exempted by 333.3 billion yuan. Among them, 65.438+0.86 million manufacturing enterprises enjoyed tax relief of 225.9 billion yuan.