Xiangzhou District, Zhuhai

Sweater design company Zhuhai Wiseman Fashion was invited by local tax authorities to share its successful experience as one of the top 100 taxpayers in the city during visits held from Feb 26 to 27.

Officials from the Zhuhai Municipal Office of the State Administration of Taxation (SAT) and the Zhuhai Local Taxation Bureau went to the enterprise to collect any comments and recommendations for future ways to improve communications and to work most effectively.

Established in Xiangzhou District of Zhuhai in 1998, Wiseman has been dedicated to designing fashion sweaters with its R&D ability and supply chain capability long occupying the leading place in the industry. The company is the only "Chinese fashion sweater research base" which exemplifies the innovative "one-stop design service" model. It now has grown into a High & New-Technology Enterprise (HNTE).

Officials from Zhuhai tax authorities visit Zhuhai Wiseman Fashion from Feb 26 to 27 calling for strengthened taxation-related communications. 

Sun Yuanyuan, chairman of the company's labor union and deputy to the National People's Congress thanked the taxation bureau for the preferential policies applied to an HNTE.

Sun particularly mentioned the bureau's high efficiency. "Tax administrators always come to interpret the latest tax policies the first time around and answer our specific questions patiently," said Sun. "It promotes honest tax payments and is helpful to create a positive environment for trusty and lawful business operations.”

Weisman has paid a total tax of 71.6 million yuan ($11.3 million) over the past three years and in that time enjoyed tax reduction and exemption revenue totaling 4.19 million yuan ($662,145).

The burgeoning Zhuhai market saw 852 high- and new-tech enterprises approved by the Guangdong provincial government last year, an astonishing increase of more than 77 percent over 2016. The added value of hi-tech products accounted for 29.8 percent of the total industrial added value of enterprises above a designated size.  

Tax authorities in the city handled 17.63 billion yuan ($2.8 billion) in tax relief for small- and micro-enterprises, and HNTEs, up 27.3 percent. The vigorous development of businesses has led to the accelerated growth of Zhuhai's innovative industries.

The joint tax-handling hall of the Zhuhai Municipal Office of SAT and the Zhuhai Local Taxation Bureau is a new measure to promote taxation. [Photos by Zhong Fan / Zhuhai Daily]

Zhuhai has been an important window and demonstration area for Reform & Opening for several decades. To grab opportunities as they emerge in the new era, promotion of innovative mechanisms and capacity as well as industrial strength is required.

Sound implementation of various tax policies to optimize allocation of all development elements is a significant step forward. It is sure to generate tremendous socioeconomic benefits, said Zeng Tianxiang, director of the Zhuhai Municipal Office of SAT and secretary of the Party Leadership Group of the bureau.