Tax Incentives Fuel Growth in China's Robotics Sector Innovation

Deep News
Aug 19

The 2026 World Robot Conference is set to open on August 19, with the second World Humanoid Robot Games following from August 22 to 26. Ahead of these events, recent visits to exhibitors revealed that a range of intelligent new products will be showcased. This surge in innovation and technological advancement is largely supported by favorable policies, with multiple companies highlighting that tax services have played a key role in easing financial pressure on tech firms and enabling them to concentrate resources on research and development.

At Beijing Evolution Acceleration Technology Co., Ltd., robots showcased their skills on a "green field," performing football kicks, backflips, and even a traditional lion dance. "We have two booths at this year's World Robot Conference, and our products will also feature in the opening ceremony of the World Humanoid Robot Games," said Yin Fengjiao, a company representative. Dexterous hand manufacturers are also actively preparing for the event. At Beijing Inovance Robot Technology Co., Ltd., a display highlighted the multi-dimensional capabilities of their robotic hands, which can replicate human hand movements in real-time and even engage in rock-paper-scissors games. The company plans to unveil a new 24-degree-of-freedom tendon-driven dexterous hand at the 2026 conference.

Continued R&D progress is also attributed to the "precise support" of tax services. "As a high-tech enterprise, we benefit from the additional deduction policy for R&D expenses, which lowers our corporate income tax rate from 25% to 15%. This policy support allows us to channel more resources into technical breakthroughs and product development," explained Fang Hainan, Chief Marketing Officer at Inovance Robot.

Regarding the unique characteristics of robot companies, Feng Qingqing, Deputy Director of the Apple Orchard Tax Office under the Shijingshan District Tax Service, noted that these firms often have high R&D investments, numerous projects, and long development cycles, demanding rigorous financial accounting. They also feature long industrial chains with a high proportion of specialized, sophisticated, and high-tech enterprises. Moreover, their diverse operations, including technology transfers, equity incentives, and software sales, require precise policy application. "For robot companies, we prioritize implementing tax policies like the additional deduction for R&D expenses and the reduced 15% corporate income tax rate for high-tech firms, ensuring compliance," Feng stated.

Gong Piaolin, Deputy Director of the Dongsheng Tax Office under the Haidian District Tax Service, added, "We provide full-cycle tax guidance for tech startups. During the initial phase, we regularly conduct 'first lessons' for new businesses. At the R&D stage, we focus on policy interpretation and guidance. As companies move toward capitalization and globalization, we tailor our services to their evolving needs."

In practice, the tax compliance process for the robotics industry still faces challenges, such as distinguishing between R&D, prototype testing, and production boundaries. Fang Hainan noted that Inovance Robot integrates financial and tax reviews early in the R&D project initiation phase, clearly defining project scopes and resource lists. Yin Fengjiao added that Evolution Acceleration Technology ensures robust tax compliance through meticulous project initiation, documentation management, and financial auxiliary accounting for R&D projects. Looking ahead, Feng Qingqing emphasized, "We will continue to improve our routine service mechanisms for the robotics industry. This includes leveraging big data for precise policy推送, tailoring tax benefits to companies at different growth stages, and promptly addressing their tax-related needs in areas like technology transfer, export tax rebates, and equity incentives."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10