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High-tech sectors power tax revenue growth
China's tax revenue grew by 5.9 percent year-on-year in the first eight months, slightly outpacing the first-half economic expansion of 5.4 percent, underpinned by robust industrial sales, booming high-tech sectors and a strong capital market, latest data showed.
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China further refines VAT credit refund policy to better target key sectors
BEIJING, Sept. 29 -- China has further refined its value-added tax (VAT) credit refund policy to sharpen its focus on manufacturing, technological innovation and green development and make tax incentives more targeted. In the year since the measures took effect, 281.8 billion yuan (about 41.8 billio...
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Tax data reveals China's quick growth of new quality productive forces
China has gained sound momentum in cultivating new quality productive forces in the first eight months of 2026, with high-tech industries and AI-related sectors leading the way, the country's latest tax data released on Monday revealed.
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China's public budget revenue rises 5.7% in first 8 months
China's general public budget revenue rose 5.7 percent year-on-year to 15.66 trillion yuan ($2.33 trillion) in the first eight months of 2026, the Ministry of Finance said on Friday.
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China's tax revenue growth broadly in line with economic expansion
China's tax revenue rose 5.9 percent year on year in the first eight months of 2026, data from the State Taxation Administration showed on Sunday.
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China to tax foreign individuals' dividends from foreign-invested enterprises
BEIJING, Sept. 1 (Xinhua) -- China will impose a 20 percent individual income tax on dividends and bonuses that foreign individuals receive from foreign-invested enterprises starting September 1, according to a joint announcement from the Ministry of Finance and the State Taxation Administration.
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China taps AI for tax system modernization drive
China's tax authorities have rolled out 16 targeted measures to streamline tax and fee processing, leveraging cutting-edge AI technology as the core driver for the 13th consecutive "Spring Breeze Action to Facilitate Citizens' Handling of Tax Affairs", a spokesperson for the State Taxation Administr...
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Tax Authorities support technological innovation better by implementing tax policies
In the first half of this year, 1.91 trillion yuan has been accounted for tax reductions, fee cuts, and refunds from supporting policies of technological innovation and manufacturing development. This includes 659.60 billion yuan from incentive policies such as additional deduction for R&D expenses ...
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Tax Big Data Highlight China's Sound Economic Performance
China's economy has maintained sound momentum since the start of this year, according to tax big data. It can be summed up in four prominent features: consolidation of the real economy, innovation-driven growth, high-quality and efficiency improvement, and green development.
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Tax Data: China's Economy Advances Further in High-Quality Economic Development
The number of active business entities, which have completed tax-related formalities and maintained normal operations, registered a year-on-year increase of 20.2% in the first months, and the number of tax-reporting entities grew by 10%, according to a press conference held by the State Council Info...
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Tax Data: Tax Policies Improved People's Livelihoods
Preferential tax policies benefiting people's livelihoods in a range from elderly care to healthcare, education, and employment recorded a year-on-year increase of 11.8% in tax reductions and exemptions in the first half of the year, according to tax data released at a press conference held by the S...
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China's tax revenue tops 10 trln yuan in H1 as economy improves
China's tax revenue rose 4.9 percent from a year earlier to more than 10 trillion yuan (about 1.47 trillion U.S. dollars) in the first half of 2026, supported by an improving economy and a recovery in factory-gate prices, tax authorities revealed Tuesday.
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China further streamlines departure tax refund services
China's State Taxation Administration has introduced new measures to make departure tax refund services more digital and convenient for overseas visitors, according to a recent notice.
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China's tax data reveals steady industrial revenue growth in first 5 months
China's industrial enterprises have posted steady growth in sales revenue in the first five months of this year, with firms in high-tech and emerging sectors performing particularly well, according to official tax invoice data released Tuesday.
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Market entities' credit performance up
China's market entities continued to demonstrate improving tax and social security payment credit performance in 2026, with the number of creditworthy businesses steadily increasing and more companies actively repairing their credit records, said the State Taxation Administration.
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- The State Council
- National Development and Reform Commission
- General Administration of Customs of the People's Republic of China
- National Audit Office of the People's Republic of China
- Ministry of Commerce of the People's Republic of China
- Belt and Road Initiative Tax Administration Cooperation Mechanism