Chinanews client, Beijing, January 20th (Reporter Li Jinlei) On January 20th, the State Administration of Taxation released ten sets of China’s tax data for 2020. Among them, the annual tax revenue exceeded 13 trillion yuan, and the annual increase and decrease Tax cuts are expected to exceed 2.5 trillion yuan.

Data map: The Luoyuan County Taxation Bureau of the State Administration of Taxation opened a green channel for consultation on preferential tax policies for epidemic prevention and control to help enterprises resume production and sales.

Photo by Wu Yanbin

Annual tax revenue exceeded 13 trillion yuan

  Taxation is often referred to as the "barometer" of the economy.

The data shows that in 2020, the tax revenues organized by the national taxation authorities (after deducting export tax rebates) will be 13.678 billion yuan, a year-on-year decrease of 2.6%, and the tax revenue target of the fiscal budget arrangement will be successfully completed.

  Judging from the trend of the whole year, the growth rate of tax revenue has rebounded for 9 consecutive months since the “bottom” in March, reflecting the positive momentum of my country’s economic recovery. However, due to the impact of the epidemic and the implementation of tax cuts and fee reductions, tax revenues for the year have fallen 2.6%.

  The State Administration of Taxation pointed out that in 2020, the proportion of tax revenue organized by taxation departments in general public budget revenue is expected to be 75.5%, an increase of 1.7 percentage points from 2019.

Compared with 2015 at the end of the "Twelfth Five-Year Plan", the proportion of tax revenue in fiscal revenue in 2020 has increased by 2.9 percentage points, showing that taxation has continued to strengthen the function of national finance during the "Thirteenth Five-Year Plan" period.

New tax cuts and fee reductions are expected to exceed 2.5 trillion yuan

  In 2020, the taxation department will ensure that the “real money” for tax reduction and fee reduction reaches market entities accurately. The annual tax reduction and fee reduction are expected to exceed 2.5 trillion yuan, which satisfactorily completes the annual burden reduction target set in the 2020 government work report. It also exceeds the scale of larger tax and fee cuts in 2019.

  Cai Zili, director of the Revenue Planning and Accounting Department of the State Administration of Taxation, said that the tax burden of Chinese enterprises has continued to decline.

From 2016 to 2019, the proportion of tax revenue to GDP in my country's general public budget revenue was 17.47%, 17.35%, 17.01%, and 16.02%. In 2020, it is expected to further drop to about 15.2%, which will continue to drop by about 0.82 from 2019. percentage point.

  Among them, the newly added tax and fee reductions in manufacturing and related links are expected to account for about 35%, which is the industry that will benefit the most; the new tax and fee reductions in the private economy are expected to account for about 70%, and the benefits are the most obvious.

  Cai Zili pointed out that the confidence of market entities continued to increase, and the vitality of innovation and entrepreneurship was quickly restored. The number of new market entities that went to the tax department to handle tax-related matters has achieved positive year-on-year growth since May. The year-on-year growth rate in the first three quarters and the year was 5.9. % And 10.1%, showing a trend of increasing quarter by quarter; at the same time, market players are accelerating growth. At the end of 2020, the national general VAT taxpayers with annual sales income of 5 million or more reached 11.193 million, an increase of 10.2% from the end of 2019.

Data map: The picture shows the staff serving enterprises of the Taxation Bureau of Dalian High-tech Industrial Park.

Photo by Zuo Xin

3.8 trillion yuan in social security fees collected throughout the year

  The data shows that the annual social security fee income collected by the taxation department is 3.8 trillion yuan, which provides protection for the development of people's livelihood.

  In 2020, the taxation department will earnestly implement the phased reduction and exemption of corporate social insurance premium policies to effectively reduce the burden on enterprises.

Since November 2020, all social insurance premiums have been collected by the taxation department. Taxation departments at all levels, while maintaining a stable collection method, continue to optimize payment services and provide various payment channels such as “online, handheld, and self-service” for the majority of payers , It is convenient for the payer to declare the payment.

  "In 2020, the number of newly established tax-related market entities across the country reached 11.44 million, an increase of 10.1% over 2019. This shows that the state's policies and measures to support market entities in alleviating difficulties and healthy development have been effective and the market vitality has quickly recovered." The State Administration of Taxation said.

The picture shows the grassroots taxation department doing epidemic prevention and control propaganda in the Tax Office.

Photo by Lin Wen

High-tech industry presents a good development trend

  Big tax data shows that in 2020, the national high-tech industry will maintain a rapid growth trend, with sales revenue increasing by 14.7% year-on-year, which is 8.7 percentage points faster than the national corporate average.

  Cai Zili pointed out that, in detail, there are mainly four highlights: First, the investment in research and development has increased.

The second is to accelerate the transformation of scientific and technological research results.

The third is the rapid growth of high-tech enterprises.

Fourth, new business formats and new models are booming.

  In 2020, my country's high-tech enterprises are expected to reach 275,000, which is 3.5 times that of 2015 at the end of the 12th Five-Year Plan.

The industries related to the digital economy have grown rapidly. Invoice sales revenue from the 7 major industries such as computer equipment manufacturing and the Internet increased by 12.1% year-on-year, which was 6.1% higher than the overall national level.

Online platform transactions are developing rapidly.

The sales revenue of e-commerce credit services, Internet platforms, and information technology services increased by 45.7%, 29.4% and 24.5% respectively year-on-year.

  Cai Zili said that since April, the high-tech service industry represented by information services and e-commerce has increased by more than 20% year-on-year for 9 consecutive months, with a cumulative increase of 23.6% throughout the year, showing the accelerated release of new kinetic energy development potential and the new economy Continue to thrive.

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