China has extended tax benefits for investments in innovative firms through Chinese Depositary Receipts, or CDRs, until 2027, according to a joint statement by the Ministry of Finance, the State Taxation Administration and the China Securities Regulatory Commission..

From 2026, individuals will be exempt from capital gains tax on CDR transfers, while a differentiated policy will apply to dividend income, with credits for overseas-paid taxes.

China also extended corporate tax and value-added tax incentives.