Chinanews client, January 20th (Li Jinlei) On January 20th, the State Administration of Taxation released data showing that in 2020, the tax revenue organized by the national taxation department (after deducting export tax rebates) will be 13.678 billion yuan, a year-on-year decrease of 2.6 %, satisfactorily complete the tax revenue target of the fiscal budget arrangement.

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%.