Yes.

According to the "Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China":

Research as referred to in Article 30, Item (1) of Article 95 of the Enterprise Income Tax Law The super deduction of development expenses refers to the research and development expenses incurred by enterprises to develop new technologies, new products, and new processes.

If intangible assets are not formed and included in the current profit and loss, on the basis of actual deductions in accordance with regulations, an additional deduction of 50% of the research and development expenses will be made; if intangible assets are formed, 150% of the cost of the intangible assets will be deducted Amortization.

In other words, based on whether research expenses are capitalized, there are two ways to add deductions, but the total amount of pre-tax deductions allowed is the same, that is, they are all actual R&D expenses incurred. 175%. All high-tech enterprises can enjoy this preferential tax policy.

Extended information:

According to the "Enterprise Income Tax Law of the People's Republic of China":

Article 30 The following expenditures of an enterprise can be calculated in Additional deductions when calculating taxable income:?

(1) Research and development expenses incurred in developing new technologies, new products, and new processes;?

(2) Arrangement of disabled persons and The wages paid by other employed persons encouraged by the state to be resettled.

Article 31 If a venture capital enterprise engages in venture capital investment that needs to be supported and encouraged by the state, it can deduct a certain proportion of the investment amount from its taxable income. ?

Article 32 If an enterprise’s fixed assets really need to be depreciated at an accelerated rate due to technological progress or other reasons, the depreciation period may be shortened or depreciation may be accelerated. ?

Article 33 The income earned by an enterprise from comprehensive utilization of resources to produce products that comply with national industrial policies may be deducted from the income when calculating taxable income. ?

Article 34: Enterprises’ investment in purchasing special equipment for environmental protection, energy and water conservation, production safety, etc. can be tax deducted according to a certain proportion. ?

Article 35 The specific measures for tax incentives provided for in this Law shall be prescribed by the State Council. ?

Article 36 According to the needs of national economic and social development, or due to emergencies and other reasons that have a significant impact on the business activities of enterprises, the State Council may formulate special preferential corporate income tax policies and report them to the people of the country. Recorded by the Standing Committee of the Congress.

Baidu Encyclopedia-Regulations on the Implementation of the Enterprise Income Tax Law of the People's Republic of China