Tax Data Reveals: China's New Productive Forces Continue to Expand and Strengthen
2 day ago / Read about 0 minute
Author:小编   

The tax authorities have implemented innovative tax policies aimed at fostering the advancement of new productive forces in science and technology. According to 2024 corporate income tax data, the digital economy, high-tech industries, and the robotics sector collectively benefited from tax exemptions and reductions amounting to RMB 1.97 trillion. This is evidenced by an annual increase in both operating revenue and total profits, marking a sustained growth trajectory across these sectors.

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