| Since the supply-side structural reform,China's economic development has been in a period of transformation and upgrading.In order to better develop the economy and promote the development of physical enterprises,the country has introduced many tax and fee reduction policies.The majority of the people have received dividends.In the process of economic development,manufacturing plays a pivotal role.In 2018,China's total industrial output value was 30,516 billion yuan,an increase of 6.1% year-on-year,of which the total manufacturing output value was 26482 trillion yuan,accounting for 87% of the total industrial output value.In the past two years,global manufacturing competition has intensified.Manufacturing has caused a significant negative impact.In order to improve the competitiveness of China's manufacturing industry in global enterprises,the country has introduced relevant tax incentives.The biggest and most concentrated in recent years is to start with the comprehensive business reform in 2016.The comprehensive business reform and increase has solved the drawbacks of repeated taxation,opened up the deduction chain of the primary,secondary and tertiary industries,so that the manufacturing industry has more deductible items in the process of transformation and development,reducing tax burden and reducing production cost.Immediately from May 2018 to 2019,the comprehensive deepening of the VAT reform and other tax reforms such as personal income tax have allowed enterprises to generally enjoy policy dividends.Especially for the manufacturing industry,"one-off deductions for real estate"," Incremental value-added tax rebates ”,“ reduction of tax rates ”,and“ reduction of social security premium rates ”and other tax reduction policies have alleviated the pressure on enterprises' working capital and generally reduced the tax burden.As the first industrial city in Inner Mongolia,Baotou has a solid industrial foundation.Relying on the advantages of resources such as rare earths and steel,coupled with relatively complete manufacturing infrastructure,convenient transportation and logistics,complete upstream and downstream industrial chains,and tilting policies for the development of the western region,relying on large-scale enterprises such as Baosteel and No.1 Machine,a unique The industrial structure has attracted a large number of manufacturing companies to invest in building factories.In 2018,Baotou's manufacturing industry's tax revenue totaled 987600.14 million yuan,accounting for 34.16% of the entire industry's tax revenue.It can be seen that manufacturing has become an important pillar of Baotou's national economy.However,in recent years,the economic situation has declined and supply-side reforms have been vigorously pushed forward."Three go,one drop,one make up",eliminating backward production capacity,and focusing on environmental protection have become the theme of the times.The former crude economic expansion is gone forever..Under such a downward trend,the introduction of tax incentives such as tax cuts and fee reductions has brought vitality to Baotou's manufacturing enterprises.However,how to implement the tax and fee reduction policy to benefit enterprises generally has become the key to policy dividends.Due to the new policies,heavy tasks and tight schedule for this large-scale tax and fee reduction,some problems will inevitably arise.This article analyzes the effects of the development of Baotou's manufacturing industry in the context of tax and fee reduction policies,using the latest data to reflect the impact of preferential tax policies on manufacturing enterprises,and analyzing the data to find the obstacles to the development of Baotou's manufacturing industry.The reasons and solutions can better help the manufacturing industry to complete the transformation and upgrading,help local governments solve financial difficulties,reshape the glory of Baotou City,rejuvenate the economy,and benefit the people of one side. |
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