BEIJING, Jan. 6 -- China will take further steps in 2020 to consolidate and expand its achievements in cutting taxes and fees, according to the State Taxation Administration.
More efforts will be made to further optimize the tax business environment, improve tax administration efficiency, and deepen international tax cooperation, the authority said on its website after the national tax work conference held on Monday.
In 2019, China introduced uNPRecedented tax cuts and fee reductions. Newly added tax and fee cuts exceeded 2 trillion yuan (about 287 billion U.S. dollars), accounting for more than 2 percent of GDP and contributing about 0.8 percentage points of GDP growth.
Wang Jun, head of the administration, said that tax cuts and fee reductions have effectively stimulated the vitality of market entities and enhanced confidence in economic development.
With the deepening of the value-added tax reform, in particular, the average monthly net increase in the number of taxpaying entities came in at 88,800, nearly twice that before the reform, said Wang.
In 2019, Chinese tax authorities collected a total of 18.3 trillion yuan in taxes and fees, including 14 trillion yuan in tax revenue after deducting export tax rebates, up 1.8 percent year on year.
A total of 15.74 trillion yuan was refunded in export tax rebates, up 4.8 percent year on year, offering strong support for the country's exports.
Efforts will be stepped up to levy taxes in accordance with laws and regulations, actively cultivate tax sources, and support the development and growth of private enterprises, said the authority.
2017届高考英语一轮复习限时训练:2-1 Cultural relics(新人教版)
2017届高考英语一轮复习课时作业:unit 1 Lifestyles(北师大版)
2017届高考英语一轮复习课时作业:unit 12 Culture Shock(北师大版)
2017届高考英语一轮复习学案:必修3 unit 7 The sea(北师大版)
2017届高考英语一轮复习限时训练:2-2 The Olympic Games(新人教版)
2017届高考英语一轮复习课时作业:unit 3 Celebration(北师大版)
2017届高考英语一轮复习课时作业:unit 15 Learning(北师大版)
2017届高考英语一轮复习课时作业:unit 19 Language(北师大版)
2017届高考英语一轮复习课时作业:unit 7 The sea(北师大版)
2017届高考英语一轮复习限时训练:8-2 Cloning(新人教版)
2017届高考英语一轮复习限时训练:4-3 A taste of English humour(新人教版)
2017届高考英语一轮复习限时训练:1-3 Travel journal(新人教版)
2017届高考英语一轮复习限时训练:2-4 Wildlife protection(新人教版)
2017届高考英语一轮复习课时作业:unit 4 Cyberspace(北师大版)
2017届高考英语一轮复习限时训练:1-4 Earthquakes(新人教版)
2017届高考英语一轮复习课时作业:unit 2 Heroes(北师大版)
2017届高考英语一轮复习限时训练:1-5 Nelson Mandela-a modern hero(新人教版)
2017届高考英语一轮复习限时训练:8-5 Meeting your ancestors(新人教版)
2017届高考英语一轮复习课时作业:unit 11 The Media(北师大版)
2017届高考英语一轮复习课时作业:unit 23 Conflict(北师大版)
2017届高考英语一轮复习课时作业:unit 16 Stories(北师大版)
2017届高考英语一轮复习限时训练:3-2 Healthy eating(新人教版)
2017届高考英语一轮复习限时训练:4-5 Theme parks(新人教版)
2017届高考英语一轮复习限时训练:2-5 First aid(新人教版)
2017届高考英语一轮复习课时作业:unit 17 Laughter(北师大版)
2017届高考英语一轮复习课时作业:unit 8 Adventure(北师大版)
2017届高考英语一轮复习限时训练:4-1 Women of achievement(新人教版)
2017届高考英语一轮复习限时训练:8-3 Inventors and inventions(新人教版)
2017届高考英语一轮复习限时训练:4-4 Body language(新人教版)
2017届高考英语一轮复习课时作业:unit 14 Careers(北师大版)