Technology Tax Policy, Under The Chinese National Innovation System

It is a period of globalization and information with rapid development today, science and technology has gradually become the most important force in promoting economic and social development. Accelerating the construction of national innovation system (i.e. NIS) and rising the country's innovation capability has already become the most important target in countries all over the world. At present, compared with national need and international advanced level, the innovation ability of China has great disparity. Increasing China's comprehensive national strength and international competitiveness, accelerating the building of China's NIS has become a matter of urgency. Among the system of policies to promote technological progress, as one of the government's major policy innovation, S&T tax policy is the most important policy not only in depth but also in breadth than other policies.This study directs against this subject, puts forth effort to probe the influence in S&T tax policy under NIS. The author believes that the S&T tax policy is one part of the NIS incentive mechanism, and puts forward the goal, function and principle of the S&T tax policy under this new theory frame. Based on this theory, this study has been analyzed and appraised the S&T tax policy of China since reforming and opening-up. Finally, the author points out themain task and function of the S&T tax policy in China.There are five sections in this study. Section 1 introduces the whole study; it describes the background, defines the concepts, presents the framework and main points, and reviews the related literature. Section 2 explains the interactive mechanism of NIS and S&T tax policy. Section 3 analyzes the current situation of S&T tax policy in China. It describes the influence of NIS on S&T tax policy, analyzes current situation and main problems of S&T tax policy in China separately. Section 4 makes comparison and reference of the S&T tax policy of developed countries, takes the U.S., France, Japan, Singapore and South Korea as examples, and summarizes the common characteristic of S&T tax policies of developed countries. Section 5 makes the whole conclusion of the study. And then puts forward some corresponding suggestions, which aim at reforming and improving the S&T tax policy in China.The major innovation point of this study is that it researches the role of S&T tax policy's in China in the process of building NIS comprehensively. Accelerating the establishment of the NIS is the most important element in the fierce international competition. Many literatures have done a lot of building a national innovation system research. But those studies have not thoroughly investigated the role of S&T tax policy in the progress of building NIS, they only taken S&T tax policy as one of the government policy tools with which to choose. Different with those literatures, this research has focused on S&T tax policy. According to the target and requirement of NIS on S&T tax policy and the characteristics of China's NIS, the author has done a certain depth and breadth of analysis in current situation, effect, problems and reform measures.