The effect of tax cuts continues to show, and related tax revenues are down year-on-year. From January to October, the country's tax revenue was RMB1415.14 billion, up 0.4% YoY, and the cumulative increase was 0.8 percentage points higher than in January-September. The rebound in tax revenue growth in the month, mainly in the fourth quarter of last year to consider the introduction of a larger tax reduction fee, in order to early support enterprises to rescue the relief, the tax department in accordance with the law to handle part of the deferred payment of taxes, resulting in a lower income base in the same period last year.