Give full play to the role of tax function (the beginning of authoritative department)

　　On the morning of April 6th, the State Council Office held the 12th press conference on the theme of "Opening by Authorities". Wang Jun, director of State Taxation Administration of The People’s Republic of China, and others introduced the situation of "giving full play to the role of tax revenue and better serving the high-quality development of economy and society".

　　Tax data reflect that China’s economic development has achieved a good start this year.

　　Tax big data has strong timeliness and wide coverage, and can reflect and compare the macroeconomic operation situation in a timely, objective and comprehensive manner. Wang Jun, director of State Taxation Administration of The People’s Republic of China, said that the big tax data showed that the economic performance in the first quarter of this year was "six gradual improvements".

　　First, the trend of economic operation has gradually picked up. In the first quarter, the sales revenue of enterprises increased by 4.7% year-on-year. In terms of sub-industries, in March, 79.7% and 75.8% of the 473 medium-sized industries and 1382 small-sized industries in the national economy achieved positive growth respectively.

　　Second, the business entities are gradually active and improving. The number of newly-established tax-related business entities has gradually increased, and the vitality of business entities that are difficult to produce and operate during the epidemic has accelerated. In the first quarter, 3.434 million tax-related business entities were newly established, up 7.2% year-on-year, 8 percentage points faster than last year.

　　Third, industrial production has gradually recovered. In March, the sales revenue of industrial enterprises nationwide increased by 7% year-on-year, 1.2 percentage points faster than last year. The amount of machinery and equipment purchased by the manufacturing industry increased by 13.5% year-on-year, 7.1 percentage points faster than that of last year, reflecting the increasing willingness of enterprises to expand production and upgrade equipment.

　　Fourth, consumer demand is gradually expanding. In the first quarter, contact services such as accommodation, catering, recreation and sports, and residents’ services rebounded significantly, with sales revenue increasing by 22.8%, 13.7% and 9.4% respectively, which was 22.7, 17.6 and 6.5 percentage points faster than last year. Retail sales of commodities recovered steadily and quickly, and sales revenue increased by 11.6% year-on-year, which was 3.4 percentage points faster than last year.

　　Fifth, the kinetic energy of innovation has gradually increased. In March, the sales revenue of high-tech industries increased by 15.6% year-on-year, 5.7 percentage points faster than last year. Among them, the high-tech service industries such as scientific and technological achievements transformation service and information service grew faster, up by 45.5% and 19.8% respectively.

　　Sixth, green development is gradually improving. In the first quarter, the sales revenue of ecological protection and environmental management industry increased by 18.1% year-on-year, and the power generation of clean energy such as wind energy and solar photovoltaic increased by 21.8% year-on-year, both of which maintained high growth rates, and were significantly faster than the national overall level.

　　The tax and fee policy will exert its strength to ensure the improvement of people’s livelihood, promote scientific and technological innovation and promote the development of manufacturing industry.

　　In recent years, various preferential tax and fee policies have effectively promoted the accelerated economic development and stimulated the market vitality of high-quality development.

　　Enhance people’s well-being and improve people’s quality of life. The tax authorities insist on organizing tax revenue, providing solid financial resources for safeguarding and improving people’s livelihood, and implementing preferential tax policies to continuously release dividends for the benefit of the people. Wang Daoshu, deputy director of State Taxation Administration of The People’s Republic of China, said that the personal income tax reform implemented since 2018 has a very obvious tax reduction effect, and the working class generally benefits, especially the seven special additional deductions for children’s education, continuing education, housing loan interest, housing rent, serious illness medical care, support for the elderly and care for infants under 3 years old. Focusing on the needs of people’s livelihood, the tax reduction bonus was released in a targeted manner. The latest data of the first month of this year’s tax settlement shows that the special additional deduction tax reduction has reached more than 150 billion yuan, of which, the tax reduction for the "old and small" groups has reached nearly 110 billion yuan.

　　Continuously expand the breadth and depth of supporting scientific and technological innovation. From 2018 to 2022, the amount of tax and fee preferential policies to support scientific and technological innovation increased by 28.8% annually, and the scale of burden reduction in 2022 reached 1.3 trillion yuan. Luo Tianshu, chief accountant of State Taxation Administration of The People’s Republic of China, said that in the next step, the tax authorities will give full play to their tax functions, and implement preferential tax policies for enterprises that have fallen into small enterprises to invest in basic research and promote the transformation of scientific and technological achievements, which will not only support enterprises in the initial stage to go into battle lightly, but also support enterprises in the mature stage to play their role as the main force in tackling scientific and technological problems.

　　Support the manufacturing industry to ease operating pressure and enhance innovation power. In recent years, China has implemented a series of measures for tax refund, tax reduction and fee reduction, with manufacturing as the key support area, especially reducing the value-added tax rate in manufacturing and other fields, taking the lead in increasing the deduction ratio of manufacturing R&D expenses, and increasing the strength of manufacturing value-added tax refund. Cai Zili, chief auditor of State Taxation Administration of The People’s Republic of China, pointed out that since 2018, the manufacturing industry has benefited the most, with the cumulative increase of tax reduction and fee reduction and tax refund deferral exceeding 3.5 trillion yuan, making it the largest industry in terms of tax reduction and fee reduction. In the next step, we will implement and improve support policies such as tax incentives for high-tech enterprises and accelerated depreciation of newly purchased fixed assets in key manufacturing industries, and play a good role in tax incentives for R&D expenses and technology transfer to promote the digital transformation of manufacturing industries.

　　Encourage and support the development of the private economy. Wang Jun said that in the past five years, private enterprises have accumulated more than 8 trillion yuan in new tax reduction and fee reduction and tax refund deferral, accounting for about 70%. In particular, 80% of individual industrial and commercial households in the private economy have no need to pay taxes after the state implements a series of tax and fee support policies. In the past five years, in view of the "financing difficulty" of private enterprises, the tax authorities have actively deepened the cooperation between tax and banks, and taken the information about corporate tax credit as an important reference for financial institutions to provide loans to private enterprises, especially small and micro enterprises, helping small and micro enterprises to obtain 22.46 million bank loans with a loan amount of 6.22 trillion yuan.

　　Do a good job in policy implementation and constantly innovate and improve services.

　　Preferential tax and fee policy is an important part of active fiscal policy. Since the beginning of the year, the departments of finance and taxation have successively issued two batches of preferential tax policies that have been continued and optimized. It is estimated that 1.2 trillion yuan will be added for tax reduction and fee reduction in the whole year. Together with the continued tax refund policy, it is estimated that the tax burden for business entities will be reduced by more than 1.8 trillion yuan in the whole year.

　　Wang Daoshu pointed out that, on the whole, these preferential tax and fee policies have three characteristics: First, they highlight continuity and the continuation of the continuation. The second is to highlight the accuracy and the optimization of the optimization. The third is to highlight the institutional nature and the innovation of this innovation. Next, the tax authorities will further strengthen the accurate push of policies, refine the caliber of policy implementation, optimize the tax operation function, and ensure that taxpayers know the policies, understand the operation and enjoy them.

　　Wang Jun said that this year is the tenth consecutive year that the tax authorities have launched the "Spring Breeze Action for Facilitating Taxes". In the past nine years, State Taxation Administration of The People’s Republic of China has successively issued 539 innovative service measures, and local tax authorities at all levels have successively issued supporting measures, totaling more than 41,000, which has effectively promoted the transformation of tax and fee services from offline services to online and offline services, from consulting policy services to active push policy services, from common services to continuous attention to personalized services, and from procedural services to continuous attention to rights and interests services. In the next step, the tax authorities will rely on the application of new technologies, constantly innovate and improve services, and launch new service initiatives one after another.