Research On Tax Policy Optimization Of China's Manufacturing Industry Transformation And Upgrading

In recent years,the global economy has entered a state of deep adjustment,and major economies are actively looking for new impetus to stimulate economic growth.The real economy is the foundation of economic development,and its core and main body is the manufacturing industry in the secondary industry.Therefore,in the process of seeking breakthroughs in economic growth,different countries will focus on manufacturing.The report of the 19 th National Congress of the Communist Party of China puts forward: "China's economy has changed from the period of rapid growth to a period of high-quality development.It is in the critical period of changing the development model,promoting the optimization of economic structure,changing the driving force for growth,and the key to building a modern economic system.It is a strategic goal that is compatible with China's development.” The report pointed out that after China's economy entered a new normal development,it faced challenges such as upgrading industrial structure and changing growth momentum.In this critical period,is it possible to successfully transform and upgrade our manufacturing industry and enhance the overall strength of the manufacturing industry? It is of great significance to China's successful realization of the strategic goal of economic restructuring and socialist modernization.The transformation and upgrading of the manufacturing industry and the improvement of the level of industrial economic structure are the trends of economic development in the new era.To achieve the transformation and upgrading of the manufacturing industry depends on the government to issue relevant policies for guidance and support.Tax policies have a very important role in income distribution,macroeconomic regulation and resource allocation.Therefore,the transformation and upgrading of the manufacturing industry must be assisted by tax policies.At the same time,the existence and implementation of relevant tax policies directly affect the quality and efficiency of the transformation and upgrading of the manufacturing industry.This paper first describes the mechanism of tax policy support for the transformation and upgrading of manufacturing industry and the advantages of choosing tax policy to support the transformation and upgrading of manufacturing.Taking the global manufacturing city of Dongguan as an example,through the changes in various indicators since the transformation and upgrading of Dongguan's manufacturing industry,the results and shortcomings of the transformation and upgrading of Dongguan's manufacturing industry at this stage are summarized.Then analyze the impact of the current taxation policy on the development of Dongguan's manufacturing industry.Through the above analysis,at present,the transformation and upgrading of manufacturing industry in Dongguan still faces the shortage of scientific research and innovation capabilities and the economic benefits of manufacturing industry need to be improved.Relevant tax policies also show deficiencies in this regard.Then it expounds the international experience and reference of using taxation policies to promote the transformation and upgrading of manufacturing industry,and studies how Western countries use the taxation government to promote the successful transformation and upgrading of manufacturing industry,and get relevant enlightenment.Based on the shortcomings of the transformation and upgrading of Dongguan's manufacturing industry at this stage,it analyzes the shortcomings of tax policies related to the transformation and upgrading of manufacturing industry,specifically to encourage technological innovation,support enterprises to expand fixed asset investment,mergers and acquisitions,and promote enterprise clusters.Insufficient development,in response to deficiencies,put forward specific recommendations for optimizing tax policies.Taking Dongguan as a specific example,based on the strategic requirements of “Made in China 2025” and the positioning and requirements of Dongguan in the “Guangdong,Hong Kong and Macao Dawan District Development Plan”,analyze the current taxation policies related to the transformation and upgrading of the manufacturing industry in Dongguan.Insufficient suggestions for policy optimization are of great significance for realizing the economic transformation of Dongguan and the construction of Guangdong,Hong Kong and Macao Dawan District.At the same time,it can provide more abundant information and cases for the transformation and upgrading of manufacturing in other relevant provinces in China.