Tax Data Shows: Development of New Quality Productive Forces Accelerated in the First Seven Months

2024-08-28 1969 0人评论

BEIJING, Aug. 27 (Xinhua) -- Value-added tax (VAT) invoice data released by the State Taxation Administration on the 27th shows that in the first seven months of this year, China's modern industrial system advanced steadily and the development of new quality productive forces accelerated, playing an important role in driving and supporting high-quality development.

  VAT invoice data shows that from January to July, the amount of R&D and technical services purchased by enterprises increased by 12.3 percent year on year, reflecting greater R&D investment. Sales revenue of technology-intensive intellectual property (patent)-intensive industries increased by 8.5 percent year on year. Revenue from science and technology achievement transformation services rose 26.5 percent year on year, reflecting the accelerated conversion of scientific and technological achievements into new productive forces.

  Stamp tax filing data shows that in the first half of the year, the transaction value of technical contracts nationwide increased by 26.6 percent year on year, reflecting continued intensification of scientific research, transformation, application and promotion, and the accelerated movement of scientific and technological achievements from the "production line" to the "large market."

  VAT invoice data shows that from January to July, procurement amounts in the national science and technology services industry and information services industry increased by 17.3 percent and 12.8 percent year on year respectively, significantly higher than the overall procurement level of enterprises, reflecting the accelerated concentration of advanced and high-quality production factors in innovation-driven sectors. Purchases of machinery and equipment by the science and technology services industry and the information services industry increased by 19.9 percent and 16.8 percent year on year respectively, not only markedly higher than the growth rate of enterprises' machinery and equipment purchases, but also higher than the overall procurement level of these two industries, reflecting the relatively strong equipment renewal and upgrading efforts in innovation-driven sectors.

  Judging from VAT invoice data, strategic emerging industries are developing well and showing strong momentum. In the first seven months of this year, sales revenue of the equipment manufacturing industry and high-tech manufacturing industry increased by 5.9 percent and 8.4 percent year on year respectively, 0.6 and 3.1 percentage points faster than the overall growth rate of manufacturing. Among them, the shipbuilding industry continued to grow rapidly, with ship manufacturing up 26.5 percent year on year.

  The performance of the consumer electronics industry is equally eye-catching in the tax data. In the first seven months of this year, the recovery of the consumer electronics industry provided an obvious boost, with computer and communication equipment manufacturing up 13.7 percent year on year; the new energy vehicle manufacturing industry maintained rapid growth, up 38.7 percent year on year; smart manufacturing developed faster, with smart drone and service robot manufacturing up 23.2 percent and 14.4 percent year on year respectively.

  VAT invoice data shows that in the first seven months of this year, sales revenue of core industries of the digital economy increased by 8.9 percent year on year, among which digital product manufacturing and digital technology application industries related to the integration of the digital and real economies increased by 9.3 percent and 12.3 percent year on year respectively. Industrial digitalization developed faster. From January to July, the amount of digital technology purchased by enterprises increased by 9.6 percent year on year, among which manufacturing and information technology services became more digitalized at a relatively fast pace, with purchases of digital technology up 11.8 percent and 14.3 percent year on year respectively.

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