Core Viewpoint - The article discusses the criteria and guidelines for companies to apply for the R&D expense super deduction policy, emphasizing the importance of correctly identifying eligible R&D activities and expenses. Group 1: R&D Activities Not Eligible for Super Deduction - Activities that do not qualify for the tax deduction include regular upgrades of products or services [7] - Direct application of existing research results, such as using publicly available new processes or materials [7] - Technical support provided to customers after commercialization [8] - Simple or repetitive changes to existing products, services, or processes [9] - Market research, efficiency studies, or management research [10] - Routine quality control, testing, analysis, or maintenance activities [11] - Research in social sciences, arts, or humanities [12] - Therefore, market research activities are not eligible for the super deduction [13] Group 2: Industry Scope for R&D Expense Deduction - Industries not eligible for the super deduction include: - Tobacco manufacturing - Accommodation and catering - Wholesale and retail - Real estate - Leasing and business services - Entertainment - Other industries as specified by the Ministry of Finance and the State Administration of Taxation [16] Group 3: R&D Expense Classification - Companies must clearly differentiate between R&D expenses and operational expenses [18] - R&D expenses must be accurately recorded and categorized by project to qualify for the super deduction [18] - Companies under a simplified tax assessment cannot enjoy the super deduction policy [19] Group 4: Specific R&D Expense Categories - Eligible R&D expenses include: - Personnel costs for R&D staff, including salaries and social insurance [22] - Direct input costs, depreciation, and amortization of intangible assets [25] - Costs related to new product design, new process development, clinical trials for new drugs, and field tests for exploration and development [25] - Depreciation for instruments and equipment used in R&D is eligible, but depreciation for buildings is not [27] Group 5: Concurrent Tax Benefits - Companies meeting the criteria for the R&D expense super deduction can also enjoy other tax benefits as stipulated by the corporate income tax law [28] Group 6: Policy References - The article cites several policy documents that provide the legal framework for the R&D expense super deduction [29][30]

Group 1 - Yunnan province is implementing various employment measures, including promoting return-to-hometown entrepreneurship, e-commerce startups, and leveraging特色产业 to create new employment channels and growth points [1][5] - The Yunnan provincial government has issued the "15 Measures" to support employment, focusing on enhancing industrial strength, enterprise growth, and employment stability [1][3] - The employment priority strategy aims to ensure at least 500,000 new urban jobs annually and maintain rural labor transfer employment at over 15 million [3][4] Group 2 - In Q1 2025, Yunnan's employment monitoring showed 365,000 employees in 901 surveyed companies, with the wholesale and retail sector experiencing the highest reduction in employment at 1.16% [2] - The "Unemployment Insurance Policy" allows eligible companies to apply for unemployment insurance refunds, with large enterprises receiving 30% and small to medium enterprises receiving 60% of their contributions back [3][4] - The province plans to conduct over 1 million training sessions annually, with at least 500,000 being subsidized vocational skills training [4] Group 3 - The "Return-to-Hometown Entrepreneurship Measures" encourage young graduates to engage in e-commerce, fostering the development of e-commerce industry clusters and promoting high-quality employment [5][6] - The measures focus on highland特色农业, cultural tourism, and cross-border e-commerce, while also emphasizing the training of e-commerce skills [6] - A project library for e-commerce startups will be established, providing financial support and mentorship for promising projects, with annual selections of exemplary returnee entrepreneurs [6]

Core Viewpoint - Jiangsu's service industry has shown a strong start in the first quarter, with significant growth in both high-tech and traditional service sectors, contributing to the province's economic development [1][2][3]. Group 1: Service Industry Performance - In the first quarter, Jiangsu's service industry added value reached 18,831 billion yuan, a year-on-year increase of 5.9%, accounting for 56.9% of the regional GDP, an increase of 1.3 percentage points from the previous year [1]. - The accommodation and catering industry saw a value-added growth of 7.5%, while wholesale and retail grew by 7.7%, and profit-oriented services increased by 8.9% [1]. - The contribution rate of the service industry to economic growth was 56.5%, driving a 3.3 percentage point increase in regional GDP [1]. Group 2: Production Service Sector - The revenue of large-scale service enterprises in Jiangsu grew by 8% year-on-year in the first quarter, surpassing the national average by 1 percentage point [2]. - The productive service sector accounted for 68.7% of the revenue from large-scale service enterprises, with a year-on-year growth of 9.9%, contributing 83.6% to the overall growth of the service sector [2]. - Business service revenue increased by 12.5%, contributing 33% to the growth of large-scale service enterprises [2]. Group 3: High-Tech Service Sector - High-tech services have shown strong growth, with e-commerce services leading at a year-on-year increase of 39.8% [3]. - Internet and related services saw a revenue growth of 17.1%, with internet information services and platforms growing by 14.9% and 30.8%, respectively [3]. - The revenue from technology transfer services grew by 27.8%, while research and design services increased by 10.5% [3]. Group 4: Transportation and Financial Services - The transportation network in Jiangsu operated efficiently, with railway passenger volume reaching 74.4 million, a growth of 5.1% [4]. - The total revenue of financial institutions reached 26.7 trillion yuan, with a loan balance of 27.4 trillion yuan, growing at a rate of 10.7% [5]. - The postal network's business volume reached 38.4 billion yuan, with express delivery volume exceeding 3.63 billion pieces, reflecting a growth of 21.1% [5]. Group 5: Telecommunications and Digital Economy - The telecommunications sector reported a total business volume of 34.95 billion yuan, with a steady growth of 5.1% [6]. - By the end of March, the number of internet broadband users reached 49.43 million, growing by 2.6% [6]. - The data indicates a robust integration of the digital economy with the real economy, showcasing the vitality of the service industry in Jiangsu [6].

Group 1 - The average annual salary for urban non-private sector employees in 2024 is 124,110 yuan, reflecting a nominal growth of 2.8% and a comparable growth of 2.6% [4] - The average annual salary for urban private sector employees is 69,476 yuan, with a nominal growth of 1.7% and a comparable growth of 4.0% [4] - The average annual salary for employees in large-scale enterprises is 102,452 yuan, showing a nominal growth of 4.4% and a comparable growth of 4.2% [4] Group 2 - The highest average salary levels in urban non-private and private sectors are found in the information transmission, software and information technology services, financial services, and scientific research and technical services industries [5] - The lowest average salary levels are concentrated in agriculture, forestry, animal husbandry, fishery, accommodation and catering, water conservancy, environmental and public facilities management, and other service industries [5] Group 3 - The data indicates a trend of narrowing wage disparities across different industries, regions, and job positions [6][10] - The stability in wage levels across industries suggests a correlation with the overall stabilization of the macroeconomic environment [8] - The information transmission and software services industry has maintained the highest average salary for several years, attributed to the growth of the digital economy [8][10]

Economic Overview - In 2024, China's economy is operating steadily with an increase in urban employment and stable growth in average annual wages for urban employees [1][2] - The average annual wage for urban non-private units is 124,110 yuan, while for private units it is 69,476 yuan [1][2] Wage Growth - The average annual wage for urban non-private units increased by 2.8% nominally and 2.6% in comparable terms, while private units saw a nominal increase of 1.7% and a comparable increase of 4.0% [2] - The average wage for large-scale enterprises rose by 4.4% nominally and 4.2% in comparable terms [2] Sector Analysis - The highest average annual wages are found in the information transmission, software, and IT services industry (238,966 yuan), followed by the financial industry (201,883 yuan) and scientific research and technical services (175,425 yuan) [3] - Sectors with the lowest average wages include agriculture, forestry, animal husbandry, and fishery (67,475 yuan), accommodation and catering (60,240 yuan), and water conservancy, environment, and public facilities management (68,315 yuan) [4] Detailed Wage Data - The average annual wages for various sectors in 2024 include: - Agriculture, forestry, animal husbandry, and fishery: 67,475 yuan - Mining: 140,706 yuan - Manufacturing: 107,987 yuan - Information transmission, software, and IT services: 238,966 yuan - Financial industry: 201,883 yuan [5][6] Employment Disparities - In large-scale enterprises, the average annual wage is 102,452 yuan, with management positions earning 203,014 yuan and professional technical personnel earning 148,046 yuan [7][9] - The wage gap between the highest and lowest paid positions in large-scale enterprises has narrowed to a ratio of 2.62 [7]

Group 1 - The average annual salary for urban non-private sector employees in China is 124,110 yuan, with a nominal increase of 2.8% and a comparable increase of 2.6% in 2024 [3] - The average annual salary for urban private sector employees is 69,476 yuan, with a nominal increase of 1.7% and a comparable increase of 4.0% [3] - The average annual salary for employees in large-scale enterprises is 102,452 yuan, with a nominal increase of 4.4% and a comparable increase of 4.2% [3] Group 2 - The top three industries for average annual salary in urban non-private and private sectors are information transmission, software and IT services, finance, and scientific research and technical services [4] - Industries with the lowest average annual salaries are primarily in agriculture, forestry, animal husbandry, fishery, accommodation and catering, and public services [4] - The ranking of average salaries in 19 industry categories remains stable, with some fluctuations in specific sectors [4] Group 3 - In large-scale enterprises, the average annual salary for middle and senior management is 203,014 yuan, while for professional technical personnel it is 148,046 yuan [5] - The ratio of the highest to lowest average salaries among five job categories is 2.62, which has decreased by 0.02 from the previous year [5] - The average salary disparity among job categories has narrowed, particularly in the electricity, heat, gas, and water supply industries [5]

经营范围含酒店管理；游览景区管理；会议及展览服务；商业综合体管理服务；城市绿化管理；旅游开 发项目策划咨询；其他文化艺术经纪代理；文艺创作；咨询策划服务；休闲观光活动；外卖递送服务； 日用百货销售；租赁服务（不含许可类租赁服务）；停车场服务；票务代理服务；洗烫服务；广告设 计、代理；广告制作；广告发布；健身休闲活动；餐饮器具集中消毒服务；供应链管理服务；婚庆礼仪 服务；工艺美术品及礼仪用品销售（象牙及其制品除外）；公园、景区小型设施娱乐活动（除依法须经 批准的项目外，凭营业执照依法自主开展经营活动）许可项目：旅游业务；演出场所经营；房地产开发 经营；住宿服务；餐饮服务；食品销售；洗浴服务；歌舞娱乐活动（依法须经批准的项目，经相关部门 批准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准） 企业名称栾川县鸾州渡酒店管理有限公司法定代表人王辉注册资本500万人民币国标行业住宿和餐饮业 >住宿业>一般旅馆地址河南省洛阳市栾川县栾川乡樊营村鸾州渡假日小镇C区1号企业类型有限责任公 司（非自然人投资或控股的法人独资）营业期限2025-5-12至无固定期限登记机关栾川县市场监督管理 局 天眼查App显示， ...

Core Viewpoint - The article discusses the applicability of the R&D expense super deduction policy, outlining which activities and industries are eligible or ineligible for this policy [5][10]. Group 1: Applicable R&D Activities - R&D activities eligible for the super deduction policy are defined as systematic activities aimed at acquiring new scientific and technological knowledge, creatively applying this knowledge, or significantly improving technology, products (services), or processes [5]. Group 2: Ineligible Activities - The following activities are not eligible for the super deduction policy: - Routine upgrades of products (services) [8] - Direct application of existing research results, such as using publicly available new processes, materials, or products [8] - Technical support activities provided to customers after commercialization [8] - Repetitive or simple changes to existing products, services, technologies, materials, or processes [8] - Market research, efficiency studies, or management research [8] - Routine quality control, testing, analysis, or maintenance as part of industrial (service) processes [8] - Research in social sciences, arts, or humanities [8] Group 3: Ineligible Industries - Industries that do not qualify for the R&D expense super deduction policy include: - Tobacco manufacturing - Accommodation and catering - Wholesale and retail - Real estate - Leasing and business services - Entertainment - Other industries as specified by the Ministry of Finance and the State Administration of Taxation [10]

Core Insights - The fifth national economic census in Xi'an reveals significant growth in the number of legal entities engaged in the secondary and tertiary industries, with a total of 470,800 units by the end of 2023, marking a 91.1% increase compared to the end of 2018 [1][2] Group 1: Legal Entities and Employment - By the end of 2023, the number of legal entities in the secondary and tertiary industries reached 470,800, an increase of 224,500 units, or 91.1% from 2018 [1] - The number of individual business operators reached 651,300, an increase of 118,600, or 22.3% [1] - Employment in the secondary and tertiary industries totaled 5.2973 million, an increase of 1.2681 million, or 31.5% since 2018 [2] Group 2: Industry Breakdown - The top three industries in terms of legal entities in the secondary and tertiary sectors are wholesale and retail (127,800 units, 27.2%), construction (86,200 units, 18.3%), and rental and business services (71,700 units, 15.2%) [1] - In individual business operators, the leading sectors are wholesale and retail (285,900 units, 43.9%), accommodation and catering (120,800 units, 18.6%), and information transmission, software, and IT services (63,100 units, 9.7%) [2] Group 3: High-Tech and Digital Economy - The number of legal entities in the information transmission, software, and IT services sector grew by 155.4% to 39,824 units, with employment increasing by 58.6% to 325,357 [3] - The high-tech manufacturing sector saw a 68.9% increase in legal entities, totaling 500, which represents 27.4% of all large-scale manufacturing entities [4] - The digital economy core industry had 45,903 legal entities, generating an annual revenue of 655.57 billion, with digital product manufacturing accounting for 54.7% of this revenue [6]

Economic Performance - Singapore's GDP grew by 3.8% year-on-year in Q1, down from 5.0% in the previous quarter [1] - The Ministry of Trade and Industry (MTI) revised the GDP growth forecast for the year from 1.0%-3.0% to 0.0%-2.0% due to uncertainties such as the US's "reciprocal tariffs" [1][3] Sector Performance - Manufacturing output grew by 5.0% year-on-year in Q1, a decrease from 7.4% in the previous quarter, with a seasonally adjusted quarter-on-quarter decline of 4.9% [1] - Construction output increased by 4.6% year-on-year, maintaining the previous quarter's growth rate of 4.4%, but saw a seasonally adjusted quarter-on-quarter decline of 2.3% [1] - Wholesale and retail trade, transportation, and warehousing sectors grew by 4.2% year-on-year, down from 5.6% in the previous quarter [2] External Factors - MTI highlighted that the US's imposition of a 10% "baseline tariff" and increased tariffs on countries with significant trade surpluses will negatively impact global trade and economic growth [3] - The decline in external demand is expected to adversely affect Singapore's economy and the ASEAN region, leading to reduced consumer confidence and domestic investment [3][4] Financial Sector Impact - The financial and insurance sectors are anticipated to experience reduced trading activity due to risk-averse sentiment, negatively impacting net fees and commissions from banking and financial services [5] - The uncertain economic environment may suppress corporate capital investment and limit credit intermediation activities [5] Overall Economic Outlook - MTI expects external demand to weaken significantly by the end of the year, particularly affecting export-oriented sectors like manufacturing and wholesale trade [4] - The economic growth forecast for Singapore is expected to slow from 4.4% last year to between 0.0% and 2.0% this year [5]