State Administration of Taxation: will continue to implement and refine tax preferential policies to support technological innovation.

Tax revenue data shows that since the beginning of this year, China's digital integration has maintained a rapid development momentum, with a significant increase in the level of digital industrialization. There has been a large investment in industrial digitization, and the driving effect of data elements continues to be evident, injecting strong impetus into high-quality economic development. Relevant officials from the State Administration of Taxation said that in the next step, the tax authorities will continue to implement and elaborate on tax incentive policies that support technological innovation, injecting tax power into the digital transformation and upgrading of enterprises, steadily promoting the deep integration and coordinated development of the digital economy and the real economy.