
BEIJING - China will continue to exempt overseas institutions from paying corporate income tax and value-added tax on bond interest income gained from the Chinese bond market, the Ministry of Finance and the State Taxation Administration announced on Thursday.
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The policy will be effective from Jan 1, 2026 to Dec 31, 2027, according to a joint statement released by the two government departments.
The move aims to further promote the opening up of the country's bond market.
