China's State Administration of Taxation has issued Announcement No. 30 of 2021, which provides regulations for the implementation of tax payment deferral approved by China's State Council on 27 October 2021. As previously reported, this includes a tax payment deferral of up to three months for SMEs in the manufacturing sector, including a 100% deferral for manufacturing enterprises with annual sales revenue below CNY 20 million and a 50% deferral for enterprises with annual sales revenue of…