China Tax & Investment Express Issue No. 2023022 - Substantive production and research and development activities of key

China Tax & Investment Express (CTIE)* brings you the latest tax and business announcements on a weekly basis. We selected some comparatively key announcements to provide for a synopsis and we also provide a link that leads you to the full content of each latest announcement (in Chinese).

Matters covered in this issue include: Public notice regarding matters related to the substantive production and research and development activities of key industrial enterprises in the Lin-gang Special New Area of China (Shanghai) Pilot Free Trade Zone for preferential Corporate Income Tax treatments purposes; Notice regarding a list of measures on lowering costs for businesses in 2023; Joint Statement between the People's Republic of China and the Republic of Honduras.

Please feel free to contact your EY client service professionals for further assistance if you find the announcements have an impact on your business operations.

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