Study On The Influence Of Tax Structure On The High Quality Development Of Manufacturing Industry

The report of the 20 th National Congress of the Communist Party of China points out that high-quality development is the primary task of building a modern socialist country in an all-round way,and is the essential requirement of Chinese-style modernization.Manufacturing industry,as one of the inner driving forces of high-quality development,is the foundation of modern economic system.However,there is a certain gap between Chinese manufacturing industry and the world’s top level.To improve the overall quality and efficiency of China’s manufacturing industry by 2035,it requires all-dimensional,multi-tiered and multi-sectoral interaction.According to the current situation of China’s economic development,many domestic scholars have repeatedly mentioned that tax revenue is used to achieve high-quality development of manufacturing industry.Therefore,the formulation of tax policies should aim at promoting high-quality development of manufacturing industry.Optimizing the structure of tax system has important theoretical significance for promoting high-quality development of manufacturing industry in China.Therefore,based on the provincial panel data from 2008 to 2020,this paper constructs a comprehensive index of high-quality development of the manufacturing industry according to the goal of the new development concept,examines the impact of the tax structure on high-quality development of the manufacturing industry from the field of taxation,and tests its impact on the manufacturing industry by index,tax category and region.Based on the empirical test,the results are as follows: on the one hand,the benchmark regression results show that properly increasing the proportion of direct tax and reducing the proportion of indirect tax can significantly promote the improvement of the high quality level of manufacturing industry;on the other hand,the sub-index regression shows that the tax structure has a significant impact on the five first-level indicators of the high quality development of manufacturing industry;According to the regression results of tax classification,increasing the proportion of enterprise income tax and individual income tax and reducing the proportion of VAT and consumption tax can promote the high-quality development of manufacturing industry.Therefore,the government should improve the tax system,optimize the tax structure,appropriately increase the proportion of direct tax;We will focus on structural tax reductions,make the structure of the tax system more compatible with the structure of tax categories,and deepen the reform of value-added tax and consumption tax.We will introduce targeted preferential tax policies for manufacturing enterprises to upgrade the industrial structure of the manufacturing sector.