Recently, the State Taxation Administration issued the updated version of the "Guidelines on Tax Policies for Stabilizing Foreign Trade and Foreign Investment." Building upon the previous versions, it organizes and updates relevant tax support policies and tax administration service measures to facilitate taxpayers' better understanding and application of the policies. This aims to create a favorable tax environment for the development of foreign trade and foreign investment.

The new version of the guidelines is divided into two major areas: policies for stabilizing foreign trade and policies for stabilizing foreign investment, comprising a total of 51 specific contents. Among them, tax policies related to stabilizing foreign trade include policies on export goods and labor services, value-added tax policies for cross-border taxable activities, tax policies for new forms of foreign trade, and facilitation measures for export tax (exemption) services, totaling 19 items. Tax policies related to stabilizing foreign investment include 32 items such as policies encouraging foreign investment.

Foreign trade and foreign investment serve as the link between the domestic and international dual circulation, playing an indispensable role in stabilizing and promoting economic and social development. In recent years, tax authorities, in collaboration with relevant departments, have introduced a series of tax support policies and facilitation measures for tax administration to stabilize the development of foreign trade, support the development of new formats and models in foreign trade, and encourage foreign investment in China. The compilation of these policy measures not only facilitates taxpayers in comprehending and enjoying the policies conveniently but also sends a positive signal of continuous expansion of opening-up and the vigorous consolidation of the foundation for foreign trade and foreign investment. This is conducive to further boosting market confidence.

For the complete version of the new "Guidelines on Tax Policies for Stabilizing Foreign Trade and Foreign Investment," please click on the attached file for download.