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Economy

Value added tax invoice data shows that service consumption during the Spring Festival holiday is hot

2024-02-19   

On the 18th, it was learned from the State Administration of Taxation that value-added tax invoice data showed that the daily sales revenue of service consumption related industries in China increased by 52.3% year-on-year during this year's Spring Festival holiday. Consumption of tourism, accommodation, and catering services grew rapidly, and the popularity of cultural and sports service consumption increased. ——The consumption of tourism services has increased significantly. During the Spring Festival holiday, driven by the hot tourism market, the daily sales revenue of travel agencies and related services increased by 1.2 times year-on-year, while the daily sales revenue of tourism and leisure sightseeing services increased by 70% and 40% year-on-year, respectively. ——The consumption of accommodation and catering services has maintained a rapid growth. During the Spring Festival holiday, driven by the demand for returning home and travel, the daily sales revenue of accommodation services increased by 25.4% year-on-year, and the daily sales revenue of catering services increased by 31.5% year-on-year. ——The popularity of cultural and sports services is increasing. During the Spring Festival holiday, the daily sales revenue of cultural and artistic services increased by 86.7% year-on-year, with the daily sales revenue of cultural and artistic creation and performance services increasing by 1.1 times year-on-year. The daily sales revenue of sports services increased by 43.2% year-on-year, with sports fitness services and sports venue services increasing by 45.8% and 31.2% respectively. The relevant person in charge of the State Administration of Taxation introduced that during the Spring Festival holiday, tax departments in various regions have launched the "no closing" service for Spring Festival tax and payment, relying on various forms such as tax service hall duty, self-service tax and online tax, and continuously promoting "contactless" tax and payment, fully ensuring the diversified needs of taxpayers and payers. The tax department will continue to carry out the "convenient tax spring breeze action", further creating a market-oriented, legal, and international tax and business environment. (Lai Xin She)

Edit:Yi Jing Responsible editor:Li Yi

Source:XinhuaNet

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