"Look up!" Boxes of black boxes filled with wafers are transported to different production links on the track of the overhead crane system, just like shuttling through the air road in the future. This is a scene in the dust-free workshop of Yuexin Semiconductor Technology Co., Ltd., which is known as "the first core in Guangzhou". Qiu Yanfeng, chief financial officer of the company, said: "the deduction of nearly 200 million yuan of R & D expenses has saved us a large amount of taxes. The pace of innovation is faster and more stable. The second phase project will achieve full production by the end of the year." As the main body of innovation, while leading enterprises are leading and driving, small and micro enterprises are also the new force of duty. Since the beginning of this year, the new combined tax and fee support policies have been superimposed, and small and micro enterprises are the main beneficiaries, accounting for more than 90%. In Guangdong, 192000 small and micro enterprises received 76.5 billion yuan of tax refund in the first seven months of this year. This not only helps enterprises to ease the operating pressure, but also provides valuable funds for them to increase R & D investment and adhere to innovation and development. "Our medical packaging film products have reached the industry leading level, which can reduce the dependence on imports, which depends on unremitting research and development." In the film production workshop of Guangdong Chaowei Plastic Film Co., Ltd., Liu Jinbao, deputy general manager of the company, said: "this year we received more than 2 million yuan of tax refund, and we will have more money for the next R & D investment." This year, Guangdong implemented various fiscal and tax policies, and realized "prompt upon declaration" for more than 60000 science and technology enterprises, helping them to timely enjoy the favorable policies such as the addition and deduction of R & D expenses and the preferential income tax for high-tech enterprises, and accelerating the promotion of innovation driven high-quality development. Promoting innovation?? "We are developing industrial grade and vehicle grade chips." Qiu Yanfeng said that the continuous expansion and upgrading of the R & D expense plus deduction policy encourages enterprises to invest more funds in R & D, and the innovation willingness and innovation ability are constantly improved. "Our R & D investment accounts for 15%, and this proportion will increase year by year." He said. This year, China has again strengthened the implementation of policies. Since last year, the proportion of R & D expenses of manufacturing enterprises was increased from 75% to 100%, it has been clarified that the proportion of R & D expenses of small and medium-sized scientific and technological enterprises was also increased from 75% to 100%, and tax incentives were implemented for enterprises' investment in basic research. At present, the "Guangdong strong core" project is being fully implemented, and efforts are being made to solve the problem of chip shortage in automobile, mobile phone, household appliances and other fields. Not only that, since the beginning of this year, the policies of value-added tax retention, tax rebate, "six taxes and two fees" reduction and exemption, and the extension of tax deferral for small, medium and micro enterprises in the manufacturing industry have been intensively introduced, which have also helped the large number of small, medium and micro enterprises to embark on the battle and innovate and develop. In Foshan, the newly built 5g rock plate production line is being commissioned in the workshop of osheno Ceramics Co., Ltd. after being put into production, it can produce high-end rock plate products with a thickness of only 3mm. "We have invested nearly 200 million yuan in the new production line, and the capital turnover pressure is not small. Fortunately, the tax rebate of more than 50 million yuan has arrived in time, which can cover our research and development expenditure in the past four months. We will also strive to develop more high-value products as soon as possible." Han Qingfen, the financial director of the company, said. In Shantou, Guanghua technology's high-efficiency comprehensive utilization of waste lithium batteries and expansion project of high-performance battery materials are under construction. "As a national high-tech enterprise, today