In the next five years, China plans to increase R&D spending and boost innovation according to the government's "14th five-year plan" unveiled in March. The Chinese tax and customs authorities recently issued certain import tax incentives to facilitate imports by R&D institutions, universities, qualifying businesses conducting R&D activities, etc. Learn about the recent developments in this area, the implications, and how you can prepare your business for the future.(Live presentation was aired on 23 November 2021)