China's tax authorities have collected a total of 33.1 trillion yuan (about 4.76 trillion U.S. dollars) in taxes and fees in 2025, driven by steady economic growth and improved market vitality, official data showed on Wednesday.
Of the total, tax revenues before deducting export tax rebates amounted to 17.8 trillion yuan (around 2.56 trillion U.S. dollars), up 2.7 percent year-on-year, according to the tax authorities.
Preferential policies supporting scientific and technological innovation and manufacturing development delivered more than 2.8 trillion yuan (about 400 billion U.S. dollars) in tax reductions, fee cuts and tax rebates over the year, providing strong support for the cultivation of new quality productive forces and the growth of the real economy.