China ”supports the development of manufacturing”... Tax cuts and tax refunds approach 1.3 trillion yen = Chinese media

According to the latest data released by the State Administration of Taxation on the 15th, among the current policies, the main policies supporting the development of the manufacturing industry have resulted in tax cuts and tax refunds of 1.2925 trillion yen in the first eight months of this year.
According to the latest value-added tax (VAT) invoice data, manufacturing sales for the first nine months of this year increased 4.7% compared to the same period last year, and the total
It accounted for 29.8% of the total sales of Chinese enterprises. Supported by a series of policies including preferential tax treatment, the manufacturing industry showed a good development trend from January to September.
Lean manufacturing is steadily progressing and is becoming an important support for China's economic growth.