Sichuan: Last year, 643.2 billion yuan in taxes and fees was waived for private enterprises.

date
28/04/2026
On April 27, it was learned from the launching ceremony of the "Compliance Leading Empowers Sichuan Merchants" service action, jointly organized by the Sichuan Provincial Taxation Bureau and the Provincial Federation of Industry and Commerce, that by 2025, Sichuan will implement tax and fee preferential policies to support technological innovation and manufacturing industry development, reducing the tax burden on private enterprises by 64.32 billion yuan. Among them, the policies supporting high-quality development of the manufacturing industry, increasing investment in science and technology, and transferring research results enjoy the largest amount of benefits, accounting for 43.4% and 33.9% respectively.