The cumulative year-on-year growth in sales revenue of high-tech service industry is 17.9%. Research, creation, and experimental activities have strengthened the service industry | technology | year-on-year
CCTV News: The latest data released by the State Administration of Taxation shows that in the first half of 2023, the sales revenue of China's high-tech service industry continued to grow, and the vitality of market operators continued to improve.
According to the value-added tax invoice data from the State Administration of Taxation, the sales revenue of high-tech service industry increased by 17.9% year-on-year in the first half of the year. Among them, the cumulative sales revenue of technology intermediary services increased by 29.1% year-on-year, while the cumulative sales revenue of engineering technology research and experimental development and medical research and experimental development increased by 16.8% and 26% year-on-year, respectively, reflecting the continuous strengthening of research, creation, and experimental activities, providing effective support for technological innovation and application.
![The cumulative year-on-year growth in sales revenue of high-tech service industry is 17.9%. Research, creation, and experimental activities have strengthened the service industry | technology | year-on-year](https://a5qu.com/upload/images/4e056c6b77246abe1f8913abdd48b48a.jpg)
At the same time, a series of tax and fee preferential policies have effectively reduced the burden on business entities. In 2023, it is expected that new energy vehicles will be exempt from vehicle purchase tax, which will exceed 115 billion yuan.
The new energy industry is a characteristic industry of Funing, Jiangsu. There are a total of 25 new energy production enterprises in the county, including photovoltaic and wind power. The local tax department is focusing on promoting the implementation of the policy of adding and deducting research and development expenses, and helping the new energy industry to grow, refine, and strengthen.
![The cumulative year-on-year growth in sales revenue of high-tech service industry is 17.9%. Research, creation, and experimental activities have strengthened the service industry | technology | year-on-year](https://a5qu.com/upload/images/c039a3e1addfa80566f939bc5e1f7b6a.jpg)
Baotou City, Inner Mongolia, focuses on the silicon industry and strives to build an industrial cluster known as the "World Green Silicon Capital".