Jiangsu'S Tax Cuts And Tariff Cuts Help Accelerate The Transformation Of The Textile Industry

Since the beginning of this year, Jiangsu has pushed ahead with various policies to reduce taxes and reduce taxes, so as to enable enterprises to bear a lighter burden and make the market more vigorous, effectively boosting the high quality development of the province's economy. Promoting industrial transformation and upgrading requires both industrial policies and strong support from tax policies.

With the success of a series of tax reduction and tax reduction policies, tax reform dividends will help enterprises expand production, increase R & D efforts, strengthen brand building, and help accelerate the transformation of traditional industries such as coal, textile, metallurgy and machinery manufacturing. Voight, deputy general manager of Jiangsu special materials manufacturing Co., Ltd., Chen Zhang, said that a series of precision tax reduction and tax reduction policies have injected new momentum into the development of enterprises, which is especially important for them. It is with the help of tax reduction policy that the company's output value has increased rapidly from about 10000000 yuan at the start of 2017 to about 60000000 yuan this year.