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China to Raise VAT on Mobile and Internet Services in 2026

The reclassification of mobile and internet services as basic telecom services will lead to a higher...
February 1, 2026 by
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Key Metrics

11.86

Heat Index
  • Impact Level
    Medium
  • Scope Level
    National
  • Last Update
    2026-02-01
Key Impacts
Negative Impacts (10)
China Unicom (Hong Kong) Ltd.
CSI 300 Telecommunications Index
China Mobile Ltd.
Chinese Telecom Services Sector
China Telecom Corp.
Hang Seng China Enterprises Index
Total impacts: 10 | Positive: 0 | Negative: 10
Event Overview

The reclassification of mobile and internet services as basic telecom services will lead to a higher VAT rate. This policy shift is expected to affect the financial performance of telecommunications companies, with potential implications for service pricing and consumer costs.

Collect Records
China to Increase VAT on Mobile and Internet Services
2026-02-01 16:19

Starting January 1, 2026, the tax category for mobile data, SMS, MMS, and internet broadband services in China will change from value-added telecom services to basic telecom services. This change will increase the VAT rate from 6% to 9%. The adjustment is expected to impact the revenue and profits of China Mobile.

Total records: 1
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