Core Viewpoint - The National Taxation Administration of China reported significant tax revenue achievements during the 14th Five-Year Plan period, emphasizing the role of tax policies in supporting economic development and innovation [1] Group 1: Tax Revenue and Economic Impact - During the 14th Five-Year Plan, the tax department collected over 156 trillion yuan in taxes and fees, accounting for approximately 80% of total fiscal revenue, which solidified the financial foundation for economic and social development [1] - The tax department's efforts resulted in over 10 trillion yuan in new tax reductions, fee cuts, and tax refunds, providing strong support for the growth of business entities [1] Group 2: Future Tax Revenue Goals - The tax revenue budget target for 2025 is set to be fully achieved, with total tax revenue expected to reach 33.1 trillion yuan, including 17.8 trillion yuan in tax revenue (excluding export tax refunds), reflecting a year-on-year growth of 2.7% [1] - The tax policies aimed at supporting technological innovation and manufacturing are projected to result in over 2.8 trillion yuan in tax reductions, fee cuts, and tax refunds by 2025 [1] Group 3: Policy Implementation and International Cooperation - The tax administration is actively addressing issues related to illegal tax incentives and the "invoice economy," while promoting the "immediate refund" policy for outbound tax refunds nationwide [1] - The construction of the tax collection cooperation mechanism under the Belt and Road Initiative is being deepened, with increased efforts to resolve cross-border tax disputes, helping businesses eliminate over 3 billion yuan in international double taxation [1]

Group 1 - The sixth "Belt and Road" Tax Administration Cooperation Forum was held from September 9 to 11, 2025, in Kathmandu, Nepal, focusing on building a quality business environment and sharing new developments in tax services [2] - The "Belt and Road" tax administration cooperation mechanism, initiated by China in April 2019, has grown to include 37 members and 31 observers, becoming a significant multilateral tax cooperation platform under the "Belt and Road" initiative [2][3] - In 2024, countries participating in the "Belt and Road" initiative accounted for over 50% of China's total imports and exports, with a 6.4% growth in trade with these countries, including a 9.6% increase in exports and a 2.7% increase in imports [2] Group 2 - Trade volume with ASEAN and other emerging markets has been significant, with China maintaining growth in trade with ASEAN for nine consecutive years, making it the largest trading partner for five years [3] - The "Belt and Road" tax administration cooperation aims for shared benefits and cooperation, with recent achievements in tax administration contributing to the initiative's goals and addressing the practical needs of participating countries [3][4] - The cooperation emphasizes the importance of digital transformation and technology application, advocating for the integration of information technology and tax governance to enhance efficiency and transparency in tax administration [4]