A coupon can deduct up to 500 yuan.

The information can be transferred to a data cloud that will analyze the customers' information and deduct payments from their account automatically.

The information will be transferred to a data cloud that will analyze the customer's information and deduct payments from their account automatically.

Ofo will also launch a credit rating system to encourage users to ride and place the bikes appropriately and deduct scores of users who don't follow rules and regulations, the report said.

For instance, consumption vouchers totaling 2 million yuan were launched for tourists from around the world to use to deduct their consumption fees when choosing to spend their Spring Festival at the homestay in the city.

From this year on, companies can deduct their R&D expenses that occurred during the first nine months from their concurrent taxable income when they file for taxes in October, stated a notice issued by the administration.

China has allowed technology-intensive small and medium-sized firms and those in the manufacturing sector to deduct twice the sum of their R&D costs from taxable income, up from 175 percent previously.

To deduct the share of energy as raw material will better reflect China's actual situation of energy consumption and provide energy guarantee for high-quality development, it said.

Under the policies, those investors or investment firms that pick up a stake in a tech startup at the seed stage or early stage, and which stay invested for two or more years, can deduct 70 percent of their investment amount from their taxable income.

Car rental customers pleased with their driving experiences can deduct car rental fees from the purchase cost if they decide to buy the vehicle.

If a company incurs 10 million yuan in R&D expenses that do not result in intangible assets and are recorded as current expenses, the company can deduct 100 percent of the expenses incurred, in addition to the pre-tax deduction of 10 million yuan that is already granted by law.

Under the policies, investors that acquire stakes in tech startups at the seeding or early stage, and which remain invested for two or more years, can deduct 70 percent of their investment amount from their taxable income.

On Wednesday, the Ministry of Finance and the State Taxation Administration said manufacturing enterprises can deduct 100 percent of their expenses on research and development, if the spending is not part of the intangible assets included in the profit and loss for the current period.

In November, net financing via local government bonds, the part to deduct matured bond from new issuance, fell into negative territory the first time since 2015, to－114 billion yuan from 145 billion yuan in October, while the size of maturing local government bonds rose to 160 billion yuan from 111 billion yuan, showed the Wind Info data.

SMEs in the technological sector can deduct an additional 75 percent of the R&D costs that occurred before paying taxes, effectively lowering their taxable income.