Implement tax and fee reduction to help the development of foreign trade of private enterprises

From January to July this year, the import and export of private enterprises reached 10.23 trillion yuan. Exports increased by 30.1%, accounting for 56.8%. More than 110,000 foreign trade operators were registered in the first seven months, of which nearly 95% were private enterprises.

The vitality of private enterprises is also reflected by the tax data. Data from the State Taxation Administration show that in the first half of this year, the number of new tax-related market entities reached 6.243 million, of which 98.8% were the main investors in the newly run private economy.

Private enterprises are the key to a stabilized foreign trade. In recent years, private enterprises have become the most active force in the field of foreign trade and the largest foreign trade subject in China. Under the test of the epidemic, private enterprises speed up the innovation and actively explored the international market. Private enterprises play an important role in promoting the development of China's foreign trade. In the process of accelerating innovation and export expansion of private enterprises, taxation also invigorates enterprise development.

In the past two years, on the basis of actively implementing a number of preferential measures such as tax and fee reduction and supporting epidemic prevention and control, the tax reduction policy has been increased, and tax and fee services have been upgraded again to help private enterprises.

Source:http://www.chinatax.gov.cn

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