Core Viewpoint - The article discusses the tax and fee incentives provided by the Chinese government to support the development of the manufacturing industry, highlighting policies related to accelerated depreciation for fixed assets in various sectors [2][12]. Summary by Sections Enjoyment Subjects - Enterprises in all manufacturing sectors, as well as those in information transmission, software, and information technology services, are eligible for the accelerated depreciation policy [2][3]. Enjoyment Content - Six specific industries, including biopharmaceuticals and aerospace, can shorten depreciation periods or adopt accelerated depreciation methods for fixed assets purchased after January 1, 2014 [3]. - Key industries such as light industry, textiles, machinery, and automobiles can also choose to shorten depreciation periods or use accelerated depreciation for fixed assets purchased after January 1, 2015 [3]. - As of January 1, 2019, the scope of industries eligible for accelerated depreciation has been expanded to include all manufacturing sectors [3]. Enjoyment Conditions - The minimum depreciation period for shortened depreciation cannot be less than 60% of the standard depreciation period as per the Corporate Income Tax Law [4][6]. - Enterprises can choose between the double declining balance method or the sum-of-the-years-digits method for accelerated depreciation [4][6]. Enjoyment Time - The incentives have been in effect since January 1, 2014, and will continue to be available [5]. Application Timing - Enterprises must submit monthly, quarterly, and annual corporate income tax prepayment and settlement declarations to enjoy the benefits [7][17]. Required Documentation - Enterprises must retain documentation proving their eligibility, including invoices for fixed asset purchases and records of tax and accounting differences [8][17]. Enjoyment Methods - The application for benefits can be processed through online platforms such as the electronic tax bureau or in-person at tax service halls [9][18]. Policy Basis - The policies are based on several official notifications and regulations issued by the Ministry of Finance and the State Administration of Taxation, including notices from 2014, 2015, and 2019 [12][19].

Group 1 - The article discusses tax and fee incentives provided by the government to support the development of the manufacturing industry, particularly for small-scale taxpayers, small and micro enterprises, and individual businesses [3][4]. - The policy includes a halving of the "six taxes and two fees" for eligible entities, which encompasses resource tax (excluding water resource tax), urban maintenance and construction tax, property tax, urban land use tax, stamp duty (excluding securities transaction stamp duty), cultivated land occupation tax, education fee surcharge, and local education surcharge [4][6]. - The effective period for these incentives is from January 1, 2023, to December 31, 2027 [5]. Group 2 - Small and micro enterprises that meet specific criteria, such as an annual taxable income not exceeding 3 million yuan, a workforce of no more than 300 people, and total assets not exceeding 50 million yuan, are eligible for these tax benefits [6]. - The policy allows for the cumulative enjoyment of the "six taxes and two fees" incentives alongside other existing tax benefits [6][7]. - Taxpayers who have already paid relevant taxes before the policy announcement on August 2, 2023, can offset these against future tax liabilities or request refunds [7]. Group 3 - Taxpayers must declare their eligibility for these benefits at the time of tax obligation occurrence, and relevant documentation must be retained for verification [8][9]. - The application process for these incentives can be conducted through electronic tax offices or tax service halls, providing both online and offline options [10]. - The policy is based on the announcement from the Ministry of Finance and the State Taxation Administration regarding further support for small and micro enterprises and individual businesses [11].

Core Viewpoint - The article discusses the tax incentives provided by the Chinese government to support the development of the manufacturing industry, particularly focusing on high-tech enterprises that benefit from a reduced corporate income tax rate of 15% [2][3]. Summary by Sections Tax Incentives for Manufacturing - The Chinese government offers preferential tax policies to support the manufacturing sector, emphasizing the importance of high-tech enterprises [2]. Eligibility Criteria - High-tech enterprises must meet specific criteria, including continuous R&D activities, ownership of core intellectual property, and registration in mainland China [5][6]. - The proportion of R&D personnel must be at least 10% of the total workforce [6]. - R&D expenses must meet certain thresholds relative to sales revenue over the past three accounting years [6][7]. Application Process - Enterprises must apply for recognition as high-tech enterprises through local technology and finance departments [5]. - The application requires documentation, including proof of high-tech status, intellectual property rights, and R&D expenditure records [9]. Duration of Benefits - The tax incentives are designed to be a long-term institutional arrangement [4]. Reporting and Compliance - Enterprises must submit monthly and annual corporate income tax declarations to benefit from the tax incentives [8]. - After obtaining high-tech enterprise certification, companies can apply for tax benefits starting from the year indicated on the certificate [9]. Tax Filing Methods - Tax incentives can be processed through online platforms like the electronic tax bureau or in-person at tax service halls [10].