Study On The Relationship Between Tax Revenue And Industrial Structure Optimization In Hebei Province

The optimization and upgrading of the industrial structure and the reform of the fiscal and taxation system are significant contents of the supply-side structural reform.In 2019,Hebei Province has accelerated its transformation and upgrading,and its development quality has been steadily improved.The proportion of value-added of the service industry exceeded50% and reached 51.3%.The "three two one" new pattern of the industrial structure has been further strengthened to promote economic prosperity and development.The growth rate of industrial high-tech industries and strategic emerging industries was 4.3 and 4.7 percent higher than the growth rate of the provincial industrial above designated size.Energy consumption per unit of industrial added value decreased by 6.23%,and green industries were actively propelled.Hebei Province should continue to promote the improvement of industrial structure and provide effective protection for the source of tax revenue while promoting economic growth,thereby reducing the extent to which fiscal support and preferential tax policies affect tax revenue growth.Optimizing the industrial structure can be achieved through tax reform.The tax structure will affect not only capital input,labor supply,technological development,resource consumption and business environment at the supply level,but also consumption,investment,and import and export at the demand level.Tax reform can facilitate industrial structure adjustment and optimization,and then realize the steady growth of tax revenue and the sustainable development of the economy to ensure the overall coordination of industrial structure optimization and adjustment of growth.Based on the background of high-quality economic development,this paper studies the relationship between taxation and industrial structure optimization in Hebei Province on the foundation of the theoretical foundation,current situation,and empirical analysis.First,on the basis of sorting out relevant literature,the thesis establishes the theoretical framework of "the impact of industrial structure optimization on the growth of tax revenue" and "the impact of tax system structure on the optimization of industrial structure" as well as systematically explains the theoretical basis for realizing tax revenue growth and industrial structure optimization and upgrading in Hebei Province.Secondly,from the perspective of descriptivestatistics,this paper analyzes the impact of the adjustment of inter-industry and internal industrial structure on tax revenue in Hebei Province at the current stage,and how the tax structure and tax policies affect the optimization and upgrading of industrial structure.To explain the interactive relationship between taxation and industrial structure optimization,this article uses Least squares method and VAR model.Finally,combined with the results of the model,in order to achieve the synergy between the optimization and upgrading of industrial structure and the increase of income in Hebei Province.Specific proposals are put forward to optimize the tax structure,cultivate advanced equipment manufacturing,stimulate the development of high-tech industries,and promote the innovative development of modern service industries.According to the analysis,this article concludes that Hebei Province needs to focus on the development of high-tech industries and equipment manufacturing,reduce the development volume of the six high energy-consuming industries,and promote the innovative development of the tertiary industry persistently,which has a positive impact on the continuous and steady growth of tax revenue.Besides,Hebei Province can effectively promote the optimization and upgrading of the industrial structure by increasing direct taxes proportion,sustainably promoting the reform of personal income tax and real estate tax,and comprehensively using economic control measures such as financial support and tax incentives.