According to data released by the State Administration of Taxation on the 12th, in 2024, the main policies supporting scientific and technological innovation and the development of the manufacturing industry will reduce taxes, fees, and refunds by 2629.3 billion yuan, helping to accelerate the cultivation of new quality productivity and promote high-quality development of the manufacturing industry in China. From the perspective of policy types, policies supporting increased investment in science and technology and transfer of achievements, such as additional deduction of research and development expenses, tax reduction and refund of 806.9 billion yuan; Support the reduction of taxes and fees by 132.8 billion yuan through policies such as value-added tax deduction for integrated circuit and industrial mother machine enterprises to solve the "bottleneck" problem and attract and cultivate scientific and technological talents; Support the cultivation and development of high-tech enterprises and emerging industries, and implement policies such as reducing enterprise income tax by 15% and reducing taxes by 466.2 billion yuan; Policies supporting equipment updates and technological upgrades will result in a tax reduction of 114 billion yuan; The advanced manufacturing enterprises that support the high-quality development of the manufacturing industry have implemented policies such as value-added tax deduction, retention, and refund, resulting in a tax reduction, fee reduction, and refund of 1109.4 billion yuan. Under a series of policy measures such as structural tax reduction and fee reduction policies, the capacity for scientific and technological innovation continues to strengthen. According to the value-added tax invoice data, in 2024, the sales revenue of high-tech industries grew 9.6 percentage points faster than the national average, reflecting the rapid growth of innovative industries; The sales revenue of national scientific and technological achievements transformation services increased by 27.1% year-on-year, and the growth rate of high-tech service industry was 14.3 percentage points faster, indicating that the transformation of scientific research results into actual productivity is accelerating; The core industries of the digital economy increased by 7.1% year-on-year, and the amount of digital technology purchased by enterprises nationwide increased by 7.4% year-on-year, reflecting the orderly promotion of the integration of data and reality. Driven by policies such as tax incentives, China's manufacturing industry has steadily developed. According to value-added tax invoice data, in 2024, the sales revenue of manufacturing enterprises grew 2.2 percentage points faster than the overall national growth rate. Among them, the sales revenue of equipment manufacturing, digital product manufacturing, and high-tech manufacturing increased by 6.2%, 8.3%, and 9% respectively year-on-year, and the manufacturing industry is steadily advancing towards high-end and intelligent development. (New Society)