全国减税降费预计超10万亿元

Core Insights - The "14th Five-Year Plan" period has seen China's economy achieve stable growth, with total tax revenue expected to exceed 155 trillion yuan, accounting for approximately 80% of total fiscal revenue [1] - A series of tax reduction and fee reduction policies have been implemented, with a cumulative expected reduction of 10.5 trillion yuan, significantly promoting economic and social development [1] - The number of tax-registered entities in China has surpassed 100 million, indicating strong market vitality and resilience [2] Tax Revenue and Reduction - Tax revenue (excluding export tax rebates) is projected to exceed 85 trillion yuan, strengthening the financial foundation for social development and improvement of people's livelihoods [1] - From 2021 to mid-2023, the cumulative tax and fee reductions reached 9.9 trillion yuan, with an expected total of 10.5 trillion yuan by the end of this year, averaging over 2 trillion yuan annually [1] - Policies focused on supporting technological innovation and advanced manufacturing accounted for 3.6 trillion yuan of the total tax reductions, representing 36.7% of the total [1] Beneficiaries of Tax Policies - Private enterprises and individual businesses benefited significantly, with tax reductions for private economic taxpayers amounting to 7.2 trillion yuan, making up 72.9% of the total reductions [1] - Small and medium-sized enterprises received 6.3 trillion yuan in tax reductions, which is 64% of the total [1] Economic Performance Indicators - The manufacturing sector's sales revenue maintained a steady share of about 29% of total sales revenue during the "14th Five-Year Plan" period, with high-tech industry sales revenue growing at an annual rate of 13.9% [2] - The sales revenue of the private economy accounted for 71.7% of total sales revenue in the first half of this year, an increase of 2.8 percentage points compared to 2020 [2] - County-level economic sales and inter-provincial trade sales as a proportion of total sales have increased by 1.5 and 3 percentage points, respectively, since 2020 [2] Support for Innovation and Tax Policy Impact - The number of individuals benefiting from personal income tax deductions increased by 55% compared to the first tax settlement in 2020, with the amount of tax reduction growing by 156.5%, from 116 billion yuan to nearly 300 billion yuan [2] - The R&D expense deduction policy has been continuously optimized, with 3.32 trillion yuan in deductions expected for the 2024 fiscal year, representing a 25.5% increase from 2021 [2]