日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's tax, fee cuts boost vitality of market entities

Xinhua | Updated: 2020-08-12 17:03
Share
Share - WeChat
Staffers at the Xuanhe District Tax Bureau of the State Administration of Taxation introduced tax reduction policies to taxpayers in Zhangjiakou, North China's Hebei province, on Nov 12, 2019. [Photo/Sipa]

BEIJING -- The orderly implementation of China's tax and fee cut policies has helped invigorate market entities and strengthen the sustainability of enterprises' development, Wang Jun, head of the State Taxation Administration told Xinhua in an interview.

In the first half of the year, China's tax and fee cuts totaled over 1.5 trillion yuan (about $216 billion).

For 100,000 key tax source enterprises, tax and fee burden dropped by 0.65 yuan per 100 yuan of the operating revenue, Wang said.

Citing an 11.5-percent year-on-year increase in profits of major industrial firms in June, Wang said it is clear that a considerable part of the growth is due to direct or indirect effects of the tax and fee cuts.

Around 92 percent of over 50 million small taxpayers in the country have been exempted from value-added tax, while for the remaining 8 percent or 4.4 million, the value-added tax rate has been lowered from 3 percent to 1 percent, according to Wang, who added that the tax has been exempted in Hubei.

"This has stimulated interest in entrepreneurship to a great extent," Wang said, noting that the newly-added market entities which handled tax-related business went up 7.1 percent year on year in the second quarter.

Besides, the purchase of high-tech equipment and services by 330,000 enterprises which enjoy preferential tax policies on research and development rose 22.3 percent in the second quarter, pointing to companies' continuous investment in science and technology amid the COVID-19 fallout.

To ensure that tax and fee cuts policies directly benefit market entities, authorities have simplified handling procedures and optimized online services, while training taxpayers and fee payers via "cloud classes."

Currently, corporate taxpayers can handle more than 90 percent of tax-related business online, according to the administration.

To boost the development of foreign trade firms, authorities have taken measures to facilitate export tax refunds, including promoting paperless tax rebate declarations, Wang said.

An analysis of taxation data shows that corporate sales are steadily recovering, with the manufacturing sector staging a faster recovery. In the meantime, new growth drivers reported faster growth and investment also picked up, Wang said.

In the second half of the year, authorities will continue to strictly implement preferential tax and fee polices, according to the official.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产老女人精品毛片久久 | 天堂中文资源在线8 | 久久首页 | 91看片在线免费观看 | 国产露脸精品爆浆视频 | 天堂资源在线中文 | 高清国产一区二区三区四区五区 | 成人av免费观看 | 国产成人久久 | 欧美成人免费丝袜视频在线观看 | 无遮挡很爽很污很黄的网站w | 日韩中文字幕在线有码视频网 | 国产午夜视频在线 | www.伊人| 欧美高清色| 久久999 | 激情视频网站 | 天堂国产 | 国产午夜免费一区二区三区 | 国产精品久久久久久久久久久久 | 理论片午午伦夜理片在线播放 | 2022国内精品免费福利视频 | 俄罗斯18videosex性 | 久久青| 午夜视频你懂的 | 91在线免费视频 | 免费人成年短视频在线观看免费网站 | 91精品久久久久久综合五月天 | 日韩欧美在线观看 | 久久久国产一级片 | 日韩av一二三区 | 一级片黄色免费 | 午夜小视频网站 | 亚洲精品第一国产综合野 | 午夜午夜精品一区二区三区文 | 欧美18毛片 | 亚洲永久精品国产 | 高潮岳喷我一脸 | 欧美18 19sex性处video | 天天舔| 性做久久久久久免费观看欧美 |