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China's instant tax refunding boosted overseas tourists to buy more
China's instant tax refunding service for overseas visitors, launched in April 2025, has significantly boosted inbound consumption with the rapid growth of business volume. Over the past year, the number of travelers applying for instant tax refunding service jumped 12.96-fold, while both tax-refund...
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STA Commissioner Hu Met with Russian Counterpart Daniil Egorov
Mr. Hu Jinglin, Commissioner of the State Taxation Administration of the People's Republic of China, met with Mr. Daniil Egorov, Head of the Federal Tax Service of the Russian Federation, in Beijing on April 21, 2026.
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Tax Data Highlighted Faster Integration of Tech Innovation and Industries in China
In China, driven by tax and fee incentives policies and other supporting policies, technology innovation has advanced faster in its integration with innovations in industries, and new quality productive forces also took a leap in development.
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China's high-tech industries record robust growth in Q1
Latest tax data show that the Chinese economy has continued to perform steadily, with innovation momentum strengthening, as evidenced by robust revenue growth in high-tech industries in the first quarter of 2026.
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Tax Data: Sci-Tech Innovation Runs Strong in First Two Months in China
Strong growth appeared in scientific and technological innovation in the first two months in China, as released by data from the State Taxation Administration, with many highlights.
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VAT invoice data highlights robust consumption in China’s Spring Festival holiday
Average daily sales revenue of consumer-related industries nationwide increased by 13.7% throughout the 2026 Spring Festival holiday against last year, according to VAT invoice data released by the State Taxation Administration.
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China optimizes export tax rebate management for higher efficiency
China's State Taxation Administration (STA) said Sunday it has released an announcement to adjust and improve export tax rebate management regulations to make declaration and handling processes more convenient and efficient.
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Tax data shows China’s faster transformation in manufacturing
China’s manufacturing sector has accelerated its shift toward intelligent, green, and integrated development, further solidifying its role as a stabilizing "ballast stone" in the economy, according to the tax authority. In 2025, the manufacturing sector saw its sales revenue grow by 1.7 percentage ...
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41 new duty-free shops to open for inbound travelers
Forty-one new duty-free shops will open at 41 ports of entry in China, including airports, seaports and land border crossings, according to a joint announcement by five government departments, aiming to boost spending by inbound travelers.
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China extends tax incentives for innovative firms' CDR pilot
To facilitate innovation-driven development, Chinese authorities announced on Wednesday that they will extend tax preferential policies for the pilot program supporting innovative firms issuing Chinese Depositary Receipts (CDRs) through the end of 2027.
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China to cut VAT rate to 3 pct for housing sales held under 2 years
China will lower the value-added tax (VAT) levy rate from 5 percent to 3 percent for individuals selling housing purchased less than two years ago, effective Jan. 1, 2026, according to an announcement issued by fiscal and tax authorities on Tuesday.
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China unveils regulation on implementing value-added tax law
Chinese Premier Li Qiang has signed a State Council decree issuing a regulation on the implementation of the country's value-added tax (VAT) law, which will take effect on Jan. 1, 2026.
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Tax data show China's digital-real economy integration maintains robust growth
China's integration of the digital and real economies has maintained a fast growth trend so far this year, with stronger digital industrialization, increased investment in industrial digitization and a growing role of data, official data showed Thursday.
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China Optimizes Departure Tax Refund Policy and Service Measures
285% overseas visitors have applied for departure tax refunds in the first 11 months against the same period of the previous year, while the sales of refund-eligible goods and the refund grew by 98.8%.
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Invoice data highlights the high-quality development of China's manufacturing industry
China’s manufacturing industry is characterized by three key features of high-quality development, according to invoice data.
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2026-04-15
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