[Explanation] On September 29, the State Administration of Taxation held a press conference to introduce the implementation of tax and fee reductions by the taxation authorities from January to August 2020.

At the meeting, Cai Zili, Director of the Revenue Planning and Accounting Department of the State Administration of Taxation, introduced that from January to August 2020, China’s new tax and fee reductions totaled 1,877.3 billion yuan. A series of tax and fee reduction policies have reduced the burden on enterprises and strengthened Market vitality has achieved good results.

　　[Concurrent] Cai Zili, Director of the Revenue Planning and Accounting Department of the State Administration of Taxation

　　The burden on enterprises continues to decline, and development expectations are gradually improving.

In terms of the number of market entities, the number of new market entities handled by the taxation department for tax-related matters continued to increase in July and August on the basis of a 7.1% year-on-year increase in the second quarter, with a year-on-year increase of 15.9% and 21.2% respectively.

The phased reduction and exemption of social security premiums and the continued implementation of policies such as the reduction of social security rates, superimposed on the personal income tax reduction policy last year (2019), have reduced the labor costs of enterprises and strongly supported employment stability.

The continued implementation of various policies and measures to support innovation has allowed enterprises to invest more funds in R&D and technological transformation.

　　[Explanation] When talking about the reform of "decentralization, management and service" in the taxation field, Fu Shulin, a spokesperson for the State Administration of Taxation, said that since 2020, the taxation department has taken steps to reduce tax burdens and tax costs, and improve tax efficiency and service quality We will continue to deepen the reform of “decentralization, regulation, and service” in the taxation field, and stimulate the vitality of market players to the greatest extent.

　　[Concurrent] Fu Shulin, Spokesperson of the State Administration of Taxation

　　Continue to simplify the procedures for tax payment, comprehensively reduce tax information, and promote the "online receipt and free mail" service of invoices.

Deepen the coordination of real estate transaction registration and tax payment business, promote the full coverage of "one-window acceptance, parallel processing" and online acceptance, and do our best to achieve "at most once" or even "no need to run" for taxpayers.

Normalized "non-contact" tax and fee payment. Up to now, 197 tax and fee matters have been processed online across the country (China), of which 182 can be processed online.

Continue to accelerate the export tax rebate processing speed, and reduce the average processing time of normal export tax rebate business by 20% on the basis of last year (2019), that is, within 8 working days, which strongly supports the stability of foreign trade basics.

　　[Explanation] A reporter asked at the meeting, "From the perspective of big tax data, how is the current economic recovery in China?" In response, Cai Zili said that the value-added tax invoice data showed that the sales situation of Chinese enterprises is steadily improving.

Among them, the cumulative growth rate of sales revenue rebounded month by month, achieving positive growth for the first time during the year.

　　[Concurrent] Cai Zili, Director of the Revenue Planning and Accounting Department of the State Administration of Taxation

　　From January to August, the year-on-year decline in invoice sales revenue of national (Chinese) enterprises narrowed to 0.5%, which was basically the same as last year (2019).

It is worth noting that as of September 20, the cumulative sales revenue of national (Chinese) enterprises has exceeded the level of the same period last year (2019), and the cumulative growth rate during the year has achieved positive growth for the first time.

　　[Explanation] Cai Zili said that in the next step, the tax department will give full play to the advantages of big tax data, tap the value of big tax data, continue to pay attention to the business status and existing difficulties of enterprises, and better serve the overall situation of "six stability" and "six guarantees".

　　Lang Jiahui reports from Beijing

Editor in charge: 【Luo Pan】