Tax Revenue and Economic Growth - During the "14th Five-Year Plan" period, China's tax revenue is expected to exceed 155 trillion yuan, accounting for approximately 80% of total fiscal revenue, indicating steady growth and structural optimization of tax revenue [2] - The proportion of direct taxes has increased to over 40%, reflecting an enhancement in the redistributive function of the tax system [2] - The manufacturing sector remains the largest contributor to tax revenue, maintaining around 30% of the total, while the fastest growth is seen in modern service industries such as information software and technology services [2][3] Tax Policies and Economic Impact - The cumulative tax and fee reductions during the "14th Five-Year Plan" are expected to reach 10.5 trillion yuan, significantly supporting economic stability and growth [3] - Export tax rebates are projected to exceed 9 trillion yuan, further promoting positive economic trends [3] - The share of county-level economic sales revenue in the national total has increased from 22.8% in 2020 to 24.3% in the first half of this year, indicating a more coordinated regional development [3] Support for Private Sector and Foreign Investment - Over 70% of the new tax and fee reductions benefit private economic entities, including private enterprises and individual businesses, contributing to their steady growth [4] - The number of foreign-invested enterprises has increased by 12.7% since 2020, with foreign enterprises experiencing stable sales revenue growth [6] - Tax authorities have implemented measures to enhance the efficiency of tax refunds for outbound tourists, with a 40% improvement in processing times, supporting inbound tourism and consumption [6]
“十四五”税收成绩单: 减税降费超10万亿元助力经济发展
Zheng Quan Shi Bao·2025-07-28 17:57