Tax data is important economic data that can directly reflect the operation of the economy. According to the value-added tax invoice data, from January 1st to March 25th this year, China's economic operation showed multiple highlights and achieved significant results in high-quality development, "said Wang Daoshu, Deputy Director of the State Administration of Taxation, at a press conference held on April 1st. Innovation momentum continues to accumulate, and the real economy continues to grow. Value added tax invoice data shows the sustained positive trend of China's economy. The data shows that the continuous implementation of a package of incremental policies and the effective implementation of existing policies have effectively boosted market confidence and enhanced development momentum, "said Li Ping, Deputy Director of the Tax Science Research Institute of the State Administration of Taxation. The momentum of innovation continues to accumulate, and the cultivation of new quality productivity is accelerating. From January 1st to March 25th, the sales revenue of China's high-tech industry increased by 13.6% year-on-year, continuing the rapid growth momentum. The sales revenue of the digital product manufacturing industry and the digital technology application industry both increased by 11.6% year-on-year, and the integration of data and reality continues to deepen. The green and low-carbon transformation continues to advance, and the new energy industry is developing rapidly. From January 1st to March 25th, the promotion services of green technologies such as energy conservation and environmental protection increased by 25.4% and 15.8% respectively year-on-year. Driven by the demand for green travel, the sales revenue of the new energy vehicle manufacturing industry increased by 20.7% year-on-year. The real economy continues to grow, and the role of manufacturing as a "ballast stone" is highlighted. From January 1st to March 25th, the sales revenue of the manufacturing industry increased by 5.4% year-on-year, accounting for 28% of the national sales, an increase of 0.8 percentage points compared to the same period last year, providing important support for sustained economic growth. Among them, the sales revenue of the equipment manufacturing industry increased by 10.3% year-on-year, maintaining a relatively fast growth rate. The growth trend of service consumption is good, and emerging consumption shows strong vitality. From January 1st to March 25th, service consumption increased by 6% year-on-year. Among them, the management of tourist attractions and the sales revenue of travel agency services increased by 37.6% and 17.1% respectively year-on-year, while the sales revenue of film screenings and artistic creation performances increased by 59% and 16.9% respectively year-on-year. The large-scale equipment update has been vigorously promoted, and the effect of the policy of exchanging old for new consumer goods continues to be released. From January 1st to March 25th, the amount of machinery and equipment purchased by enterprises nationwide increased by 11.6% year-on-year, continuing the rapid growth trend of last year. Driven by the expansion of the consumer goods trade in policy, retail sales of household audiovisual equipment such as televisions and daily household appliances such as refrigerators increased by 28.9% and 37.3% year-on-year, respectively. 14 tax categories have been legislated, and positive progress has been made in tax reform. With the introduction of the value-added tax law, 14 out of the current 18 tax categories have been legislated, and the tax revenue involved accounts for over 80% of the total tax revenue. China's tax reform has made positive progress. The State Administration of Taxation actively cooperates with the finance and other departments to promote tax legislation and related reforms, and has sorted out and formed two lists of reform matters directly related to taxes and fees and reform matters related to taxes and fees, and implemented them one by one Dai Shiyou, Director of the Policy and Regulation Department of the State Administration of Taxation, said. Starting from December 1, 2024, the nationwide unified implementation of water resource fee to tax reform. From the first collection period after the implementation of the policy, it can be seen that the tax and fee have been smoothly converted, and the collection and management have been smooth and orderly. A total of 3.4 billion yuan in water resources tax revenue was achieved nationwide, with 1.55 billion yuan in revenue from the 21 newly piloted provinces. Excluding factors such as seasonal changes in hydropower generation, the monthly average water resources tax revenue increased by 13% compared to the pre reform monthly average water resources fee revenue; The number of water resource tax declaration households in the new pilot areas has reached 87000, an increase of 18% compared to the number of water resource fee payment households before the reform, effectively promoting taxpayers to save water, extract groundwater, and change unreasonable water demand. According to the declaration and payment of water resource tax, the company can deduct 9% of the reasonable leakage rate of the public water supply network based on the actual water intake, and then calculate the tax payment, saving operating costs. It is expected to reduce the annual water resource tax payment by nearly 100000 yuan. In the future, we will continue to increase technological upgrades and updates, continuously reduce the leakage rate of the water supply network, and improve water conservation efficiency Fang Guixia, the person in charge of Bishan Water Supply Branch of Chongqing Water Resources Industry Co., Ltd., said. The implementation of water resource tax reform can effectively use tax leverage to regulate the water use methods of enterprises, and encourage enterprises to improve water efficiency through water-saving transformation and technological innovation Professor Bai Yanfeng from the School of Finance and Taxation at Central University of Finance and Economics said. 96% of matters can be handled online, and the experience of tax payment can be upgraded. At the "one-stop" cross regional migration window opened by the Huichang County Taxation Bureau of the State Administration of Taxation, Liu Shengzhao, a tax officer at Shenzhen Elegant Musical Instruments Co., Ltd., completed basic information confirmation, tax bureau allocation, tax (fee) identification and other tax related business processing in less than half an hour. Upgrade the tax payment experience again. Last year, the tax department established and promoted the launch of a new electronic tax bureau with unified national standards, achieving online processing of 96% of tax and payment matters. At the same time, it continued to deepen the "policy search", relying on the electronic tax bureau to accurately push 622 million pieces of the latest tax and fee preferential policy information, covering 402 million households (people). In terms of optimizing cross-border tax services, we will continue to build the "Tax Road" cross-border tax service brand, which facilitates "going global" enterprises to comprehensively and multi dimensionally understand the tax policies and regulatory environment of investment destinations. This year, the tax department has launched the "Spring Breeze Action for Convenient Taxation" for the twelfth consecutive year. We will integrate and launch a series of measures to benefit enterprises and the people, further stimulating market vitality, "said Shen Xinguo, Director of the Tax Service Department of the State Administration of Taxation. In terms of smart services, the tax department will continue to enrich various tax application functions and expand and improve the tax and fee service scenarios of the natural person tax management system; In terms of policy implementation, we will continue to improve the accuracy of tax and fee policy publicity and guidance, and promote the implementation of cross regional tax related coordination and resolution mechanisms for large enterprises; In terms of collaborative efforts, we will promote the efficient completion of enterprise migration registration, data reporting, and 'individual to enterprise'. Zhang Wei, Dean of the School of Taxation at Jilin University of Finance and Economics, believes that continuously improving the convenience of tax payment can help ensure that good policies are welcomed and implemented, and effectively enhance the sense of gain and satisfaction of taxpayers and payers. (New Society)