Hangzhou's AI industry has been booming, with 'Hangzhou's Six Little Dragons' gaining global attention. DeepSeek trained a top-tier model at under one-tenth of OpenAI's cost. The Hangzhou tax bureau proactively reached out to these AI companies, helping DeepSeek maximize R&D expense super-deductions so savings could be reinvested. ArcSoft, another generative AI company, confirmed that tax savings flow directly back into R&D. The tax bureau also compiled a four-category incentive guide covering R&D through commercialization, and visited AI industrial parks and computing centers to deliver these benefits across the entire AI supply chain.
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Hangzhou Tax Bureau: Empowering AI Industry Growth Through Tax Policy
Hangzhou tax authorities actively serve AI enterprises including DeepSeek, which trained a top-tier model at under 1/10 the cost of GPT-4o. Tax incentives including R&D expense super-deductions help reduce costs. The bureau also supports companies like ArcSoft and has compiled tax incentive guides for AI industrial parks across Hangzhou.
2026-06-11