Tax cuts expected to reach 10.5 trillion yuan in 2021-2025

Mainly focusing on tech innovation and advanced manufacturing, China's tax and fee reductions during the 14th Five-Year Plan period (2021-2025) are expected to hit 10.5 trillion yuan (US$1.46 trillion), bringing tangible benefits to market players and residents and injecting strong momentum into high-quality development, said a senior official of the State Taxation Administration on Monday.

July 29, 2025

China's tax-paying business entities exceed 100M by June

As of the end of June this year, the number of tax-paying business entities in China had exceeded 100 million, representing a net increase of 30 million since the end of 2020 and underscoring the market dynamism and resilience, according to a press conference on Monday.

July 28, 2025

China's tax data offers snapshot of economic achievements in 2021-2025

China's economy has made remarkable strides during the 14th Five-Year Plan period (2021-2025), with steady industrial upgrades and continued opening up, according to data from the State Taxation Administration (STA).

July 29, 2025

China's tax revenue to surpass 85 trillion yuan in 2021-2025

​China's total tax revenue is expected to surpass 85 trillion yuan (11.89 trillion U.S. dollars) during the 14th Five-Year Plan period (2021-2025), marking an increase of 13 trillion yuan compared to the previous five-year period, according to a press conference on Monday.

July 28, 2025