According to data released by the State Administration of Taxation of China on the 4th, from January to May this year, the main policies supporting scientific and technological innovation and manufacturing development, including tax reductions, fee reductions, and refunds, amounted to 636.1 billion yuan (RMB). Among them, policies supporting the cultivation and development of high-tech enterprises and emerging industries, such as a 15% reduction in corporate income tax for high-tech enterprises, have reduced taxes by 140.7 billion yuan; Policies supporting the high-quality development of the manufacturing industry, such as value-added tax deductions for advanced manufacturing enterprises, have reduced taxes, fees, and refunds by 415.8 billion yuan. The State Administration of Taxation introduced that since the beginning of this year, the tax department has implemented structural tax reduction and fee reduction policies, promoted the precise and rapid delivery of policy dividends to business entities, and ensured that they should fully enjoy them. Under the strong promotion of structural tax reduction and fee reduction policies, technological innovation and high-quality development of manufacturing industry are accelerating, innovation momentum is increasing, and manufacturing industry is steadily growing. According to value-added tax invoice data, in the first five months of this year, the sales revenue of China's high-tech industry increased by 14.2% year-on-year, significantly faster than the overall national growth rate, reflecting the rapid growth of innovative industries. The core industries of the digital economy increased by 10% year-on-year, and the amount of digital technology purchased by enterprises nationwide increased by 9.7% year-on-year, reflecting the orderly promotion of the integration of data and reality. According to the value-added tax invoice data, the sales revenue of Chinese manufacturing enterprises increased by 4.2% year-on-year in the first five months of this year. Among them, the sales revenue of equipment manufacturing industry, digital product manufacturing industry, and high-tech manufacturing industry increased by 9%, 12.1%, and 12.1% respectively year-on-year, especially the sales revenue of advanced manufacturing industries such as computer manufacturing and intelligent equipment manufacturing increased by 21.6% and 19.4% respectively year-on-year. (New Society)