Ankara: China has announced tax incentives for the next five years to promote science and technology in the country, the state-run news agency Xinhua reported on Saturday. The initiative aims to strengthen China’s position in the global science and technology arena by supporting institutions involved in the popularization of these fields.

According to Anadolu Agency, the Ministry of Finance, the General Administration of Customs, and the State Taxation Administration issued a joint statement outlining the incentives. This policy is part of China’s 15th Five-Year Plan (2026-2030), which was launched this year. The policy will be effective from January 1, 2026, to December 31, 2030, and focuses on exempting science and technology popularization institutions from import tariffs and import-linked value-added taxes on eligible goods.

The eligible goods specified in the policy include popularization films, videos, and equipment that “cannot be produced domestically” or whose domestic versions “fail to meet required performance standards.” Eligible institutions that will benefit from these incentives include science and technology museums, as well as natural history museums. This move is expected to enhance China’s capability in disseminating scientific and technological knowledge across the nation.