IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 11 Apr 2017 | Removal date: open ended
Still in force

Tax or social insurance relief

On the 11th of April 2017, the Chinese Ministry of Culture announced a plan to assist the efforts of any firms contributing to China's 'digital culture', in particular, online content and digital media producers.

Eligible firms will be able to take advantage of tax breaks 'such as a 15% reduction in company income tax' and 'pre-tax deductions on creative and designing costs'.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

843 On-line content
961 Audiovisual & related services

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