"Ballast stone" acts to stabilize The proportion of tax revenue from the manufacturing industry in the first 11 months has remained stable at around 30%

The State Administration of Taxation held a press conference this morning. The relevant officials introduced that since the beginning of this year, China's economy has remained stable and improved, with the economic structure continuously optimizing and development momentum continuously strengthening. It was introduced that from the perspective of tax data such as invoices, in the first 11 months of this year: -The amount spent by national enterprises on purchasing machinery and equipment increased by 10.7% year-on-year, reflecting an increase in investment in equipment by enterprises. -The sales revenue of the communication and home appliance retail sectors included in the policy supporting the trade-in of old for new consumer goods increased by 20.3% and 26.5% respectively year-on-year, reflecting the continuous release of the effects of consumption promotion policies. -The proportion of tax revenue from the manufacturing industry has remained stable at around 30%, reflecting the continued stabilizing role of the manufacturing industry as a "ballast". Deputy Director Cai Zili of the State Administration of Taxation introduced that the nationwide tax authorities handled export tax rebates for enterprises, which increased by 6.8% year-on-year, reflecting the resilience of China's export enterprises. Despite the complex international trade situation, they have maintained good growth. From the perspective of energy structure, invoice data shows that in the first 11 months of this year, the sales revenue of the clean energy generation industry such as wind power, CECEP Solar Energy, and hydropower increased by 14.9% year-on-year, accounting for 38% of the total sales revenue of the entire electricity industry, an increase of 4.3 percentage points compared to the same period last year. Among them, the sales revenue of wind power generation and CECEP Solar Energy increased by 16.8% and 35.7% respectively year-on-year, reflecting the accelerated green transformation of China's energy structure. In addition, in the first 10 months of this year, the current major policies supporting scientific and technological innovation and the manufacturing industry reduced taxes and fees and refunded 237.25 billion yuan, driving rapid growth in the Shenzhen New Industries Biomedical Engineering sector. This article is reprinted from "CCTV News". Editor: Feng Qiuyi.