Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The State Taxation Administration releases the results of six initiatives for building a unified national market
The State Taxation Administration announced on March 2nd the results of six initiatives aimed at governing violations related to investment promotion and tax issues, as part of building a unified national market by 2025. These initiatives include: conducting special campaigns to address violations in investment promotion and tax issues; diligently implementing the “Regulations on Tax Information Reporting for Internet Platform Enterprises”; continuously deepening cross-regional tax and fee service reforms; coordinating efforts to prevent local illegal implementation of reward and subsidy schemes that lead to personal income tax transfers; strengthening measures to prevent the unreasonable transfer of tax sources through “policy havens”; and standardizing and optimizing the enforcement of tax and fee policies.
In response to local violations in investment promotion and tax issues, the State Taxation Administration explicitly requires local tax authorities not to devise schemes, participate, cooperate, remain uninformed, or neglect oversight regarding illegal local investment promotion and tax behaviors. They have also issued 389 investigation leads, and any verified issues are to be promptly investigated and corrected.
To better promote fair taxation for online and offline merchants, the “Regulations on Tax Information Reporting for Internet Platform Enterprises” will be implemented in 2025, with the tax authorities ensuring proper enforcement. Over 8,000 domestic and foreign platforms have already fulfilled their tax information reporting obligations according to regulations. The amount of invoices obtained by small-scale taxpayers within platforms from suppliers has increased by 25% year-on-year compared to before the regulation was implemented.
Meanwhile, the tax authorities have optimized services, reducing the average processing time for cross-regional tax-related transactions from 15 days to 10 days, facilitating the reasonable flow of market resources and factors. In 2025, cross-province electronic tax payments exceeded 130 billion yuan, a 39% increase year-on-year; nearly 40,000 taxpayers successfully completed cross-province migrations, an 18.7% increase. (Xinhua News Agency)