Ministry of Finance: Strengthening the main position of enterprise technological innovation in 2026, focusing on supporting technological innovation and the development of manufacturing industry.

Director of the Financial Department of the Ministry of Finance Yu Hong stated at a press conference of the State Council Information Office on the 20th that in 2026, the main position of enterprise technological innovation will be strengthened, the policies of structural tax reduction and fee reduction will be implemented well, and key support will be provided for technological innovation and the development of the manufacturing industry. The policy of awarding grants to small and medium-sized enterprises with special expertise and high-tech will continue to be implemented, as well as the National Small and Medium Enterprise Development Fund, to enhance the innovation capabilities and specialization level of small and medium-sized enterprises, and promote the cultivation of more small and medium-sized enterprises with special expertise, individual champions, and unicorn enterprises.