[State Taxation Administration: Tax Cuts, Fee Reductions, and Refunds Totaled 1.91 Trillion Yuan in the First Half of the Year to Support Tech Innovation and Manufacturing Development Policies] On July 28, Wang Shiyu, Chief Auditor of the State Taxation Administration, stated at a press conference held by the State Council Information Office that in the first half of this year, the current key policies supporting technological innovation and manufacturing development resulted in tax cuts, fee reductions, and refunds totaling 1.91 trillion yuan. Among these, policies such as additional deductions for R&D expenses and support for enterprise innovation investment and technology transfer led to tax cuts and fee reductions of 659.6 billion yuan. Policies supporting the cultivation and development of high-tech enterprises and emerging industries, such as the reduced 15% corporate income tax rate for high-tech enterprises, resulted in tax cuts of approximately 252 billion yuan. Policies promoting solutions to bottleneck issues and supporting high-end development, such as additional VAT deductions for advanced manufacturing enterprises, led to tax cuts and fee reductions of nearly 1 trillion yuan. (People's Financial News)