CCTV News: The latest data released by the State Administration of Taxation shows that the sales revenue of enterprises across the country is picking up month by month, and Shanghai, which was greatly affected by the epidemic in the early stage, is accelerating its recovery. In addition, business surveys show that more than 60% of the value-added tax retained tax refund is used to protect production and expand investment.
6.8%! This is what VAT invoice data shows. The year-on-year increase in sales revenue of national enterprises from June 1st to 25th was only 1.9% in May. Compared with the year-on-year growth rate of -7.4% in April, it increased significantly by 14.2 percentage points.
Shanghai is accelerating its recovery, and its regional driving role is gradually emerging.
From the perspective of key areas, Shanghai, which was greatly affected by the epidemic in the early stage, is accelerating its recovery, and its regional driving role is gradually emerging. From June 1st to 25th, the sales revenue of Shanghai enterprises increased by 18.2% year-on-year, driving the sales revenue of enterprises in the Yangtze River Delta region to increase by 9.4%, an increase of 16.2 percentage points from May.
More than 60% of the excess tax credit will be refunded to protect investment in production expansion.
html From April 1 to June 25, Value-added tax 1,703.3 billion yuan of value-added tax refund has been refunded to taxpayers' accounts. Business surveys show that nearly 40% of the tax refunds are used to increase the purchase of raw materials; more than 20% is used for investment and R&D expenditures; and 10% is used to pay daily expenses such as rent, water and electricity; other tax refunds are used to pay Accounts and wages, etc.The "tax and electricity" index reflects the current economic stabilization trend.
In addition, the "tax and electricity" index, which is an index that combines electricity consumption data and tax revenue data to reflect changes in economic activity, also reflects the current economic stabilization trend. Among them, the central province of Jiangxi has a prominent supporting role of industry in economic growth; the eastern province of Zhejiang began to achieve restorative growth in May; and the western province of Sichuan, both the electricity consumption and purchase amount of enterprises achieved double-digit growth in June, and market entities Confidence in production and operation is gradually recovering.
Source: cctv.com
