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On June 9, it was learned from the Municipal Science and Technology Bureau that from January to April this year, the R&D expenditure of industrial enterprises above designated size in Yiwu City was 560 million yuan, an increase of 14.9% year on year. According to the data of the tax department, the R&D expenditure plus deduction and exemption of enterprises in Yiwu has been increased for five consecutive years. Among them, the households of R&D expenditure plus deduction increased by 37% year-on-year, and the amount of plus deduction increased by 47.89% year-on-year.
R&D investment and output value of high-tech industry are important indicators to reflect the development ability of scientific and technological innovation in a region. In recent years, in order to guide enterprises to increase R&D investment and realize the sustainable growth of R&D investment, Yiwu departments have worked together on R&D investment of enterprises through positive incentive and action forcing.