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China’s manufacturing tax revenue rises sharply, underscoring economic resilience

China

China

China

China’s manufacturing tax revenue rises sharply, underscoring economic resilience

2025-09-19 12:33 Last Updated At:20:27

China's manufacturing sector has continued to demonstrate strong momentum, with tax revenue from the industry rising more than 5 percent year on year in the first eight months of 2025, data from State Taxation Administration showed.

The manufacturing tax revenue accounted for over 30 percent of the country's total tax income during the period.

The figures highlight the sector's role as a "ballast stone" for the national economy, as advanced and high-end manufacturing increasingly drives growth.

A smart equipment manufacturer in Hangzhou, east China's Zhejiang Province, said its industrial vision products have already been widely applied in the automobile industry.

The company has expanded research and development this year, achieving breakthroughs in vehicle paint inspection and polishing technologies, while maintaining stable business growth.

"In the first eight months of this year, our revenue grew by about 30 percent year on year. In addition to steady expansion in the domestic market, we also successfully delivered projects in overseas markets, including Spain, the U.S. and Sweden," said Lyu Xiaoxing, financial director of the tech firm.

In Zhejiang, manufacturing tax revenue grew by 5.5 percent year on year during the January-August period.

Local taxation authorities have provided targeted policy guidance to meet enterprise demands for upgrading and transformation.

"From January to August this year, the sales revenue of manufacturing enterprises in Zhejiang Province grew by 4.4 percent year on year. Among them, high-tech manufacturing and high-end equipment manufacturing increased by 15.3 percent and 10.5 percent respectively, strongly driving overall growth. The province's manufacturing industry continues to advance toward higher-end, smarter, and greener development," said a local taxation officer Xia Bing in Hangzhou.

China’s manufacturing tax revenue rises sharply, underscoring economic resilience

China’s manufacturing tax revenue rises sharply, underscoring economic resilience

China’s manufacturing tax revenue rises sharply, underscoring economic resilience

China’s manufacturing tax revenue rises sharply, underscoring economic resilience

China’s manufacturing tax revenue rises sharply, underscoring economic resilience

China’s manufacturing tax revenue rises sharply, underscoring economic resilience

A former television host from Taiwan, Zhai Xuan, has made a pivotal decision to leave mainstream broadcasting in order to create content that provides a better understanding of the Chinese mainland and cross-strait relations.

Zhai, a seasoned television host with over a decade of experience in Taiwan's media landscape, recently addressed an audience at an event in Beijing, where she revealed her complete transition into independent online media.

In her remarks, she articulated her aspiration to bridge what she perceives as a significant information gap between audiences on both sides of the Strait, highlighting her commitment to fostering a deeper understanding and connection through her new endeavors.

"I was really surprised by all the fake news. There were stories saying people on the mainland can't afford tea eggs or that they live in mud houses and in Taiwan, this was the main information many people received," said Zhai.

Zhai said she initially began producing online videos to challenge such perceptions while continuing her work as a television host.

In April 2025, she travelled to the mainland with her father to fulfill her late grandfather's wish to return to his hometown. The trip, which reunited family members separated since 1949, was recorded in a video series titled "Journey to Find Our Roots", drawing attention from viewers in both Taiwan and the mainland.

"Many people in Taiwan told me that after watching, they wanted to apply for a mainland travel permit immediately and go looking for their relatives. Some had long forgotten these things, but after seeing my story, they began thinking about their hometowns and family members they had never met and decided to search for their roots," Zhai shared her story at the event.

By mid-2025, Zhai said she began to feel increasing pressure amid rising political tensions and a tightening atmosphere around cross-Strait exchanges in Taiwan.

After more than 12 years in the industry, Zhai resigned from her position, believing it was the right thing to do.

"At that moment, I felt this was a major issue,not just for me, but for Chinese people on both sides of the Strait. If I backed down then, I wouldn’t be standing on the right side," said Zhai.

Since leaving television, Zhai has broadened her online programming to encompass a range of daily-life topics, including practical guidance on applying for a mainland travel permit and using commonly employed mobile applications, in addition to content that delves into historical memory and cultural connections across the Strait.

As the debate over cross-Strait relations continues in Taiwan, Zhai said she remains committed to her current path.

Former Taiwan TV host bridges cross-Strait divide via online media

Former Taiwan TV host bridges cross-Strait divide via online media

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