Business · Economy · 14 hrs ago
Shaanxi reports more than 630 billion yuan in tax revenue
Shaanxi collected more than 630 billion yuan in taxes and fees in the first three quarters of 2026, 3.2% more than a year earlier.
The province in north-west China has introduced tax cuts and digital services to support businesses.
Tax breaks reached manufacturers, small businesses and exporters: more than 1,800 manufacturers received 835 million yuan in value-added tax relief, while small taxpayers received more than 10.2 billion yuan in relief.
From January to August, policies supporting innovation and manufacturing provided 299.5 billion yuan in tax cuts and refunds.
Authorities say the measures are helping support innovation, alongside other policies, as traditional industries grow and newer fields such as aerospace and information technology expand.
Companies in artificial intelligence, robotics and innovative medicines recorded profits that were 2.8 times higher than a year earlier, and their tax payments rose 12.2%.
Shaanxi reported more than 630 billion yuan in tax and fee revenue in the first three quarters of 2026, up 3.2% from a year earlier.
The provincial government said tax relief and other measures supported industrial upgrading, innovation and improvements to people’s livelihoods.
From January to August, policies supporting technological innovation and manufacturing delivered 299.5 billion yuan in tax and fee cuts and rebates.
More than 1.51 million taxpayer instances benefited from value-added tax measures for small-scale taxpayers, which reduced tax by more than 10.2 billion yuan.
- Who
- Shaanxi province’s tax authorities reported the figures.
- What
- The province collected more than 630 billion yuan in tax and fee revenue. The total was up 3.2% year on year.
- When
- In the first three quarters of 2026.
- Where
- Shaanxi province, China.
- Why
- The article links the figures to tax and fee measures and economic activity, but does not state a single cause.
This story does not have two clearly opposing sides.
Policies supporting technological innovation and manufacturing delivered 299.5 billion yuan in tax and fee cuts and rebates.
Shaanxi recorded more than 630 billion yuan in tax and fee revenue, up 3.2% year on year.
The figures were reported at a news conference held by the Shaanxi Provincial People’s Government Information Office.
- Tax and fee revenue
- More than 630 billion yuan in the first three quarters of 2026
- Year-on-year change
- Up 3.2%
- Innovation and manufacturing policy relief
- 299.5 billion yuan in cuts and rebates from January to August
- Small-scale taxpayer relief
- More than 10.2 billion yuan in VAT reductions
- Export tax rebates
- More than 14 billion yuan for over 3,000 companies, up 26.2%
1 source
What people are saying
With the joint effect of tax and fee incentives and other policies, the province’s long-accumulated innovation potential has been further stimulated, and the development of the Qinchuangyuan innovation-driven platform has continued to show results.