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China's State Taxation Administration (STA) on Monday unveiled the outcomes of the new tax-related regulations implemented since June 2025, designed to build a unified national market and support high-quality economic development via fairer tax policies.

To date, more than 8,000 domestic and overseas platforms have fulfilled their obligations to submit tax-related information in accordance with the regulations, and tax compliance among business operators and practitioners on these platforms has effectively improved, according to the STA.

The latest results achieved after the implementation of the regulations reflected that China's governance of the platform economy is entering a more institutionalized and digitalized new stage, helping to foster a unified national market, a Chinese expert said.

Since the regulations were launched, the number of tax-paying merchants on platforms increased by 32 percent compared with the period before implementation, with merchants showing a significantly stronger awareness in proactively requesting invoices from upstream suppliers, according to the STA.

Meanwhile, the number of invoices obtained by small-scale taxpayers on platforms from their suppliers rose 25 percent year-on-year. 

Disorderly "involution-style" competition, such as artificially inflating sales performance and traffic through fake transactions, has also been effectively reduced, the STA said.

With the new regulations in place, reforms in cross-regional tax and fee services have also been deepened. In 2025, taxpayers made more than 130 billion yuan ($18.96 billion) in cross-provincial electronic tax payments, up 39 percent year-on-year. Nearly 40,000 taxpayers successfully completed cross-provincial relocations, a year-on-year increase of 18.7 percent, according to the STA.

These outcomes showed that the new regulations have provided institutional safeguards for enhancing market transparency and fairness, and for building a well-regulated, orderly, open, and efficient unified national market, Li Changan, a professor at the Academy of China Open Economy Studies under the University of International Business and Economics, told the Global Times on Monday.

Li also said that as regulatory capacity has improved, tax authorities have gained a more comprehensive and transparent understanding of business activities on platforms. Specifically, long-standing issues such as hidden income, information asymmetry, and certain regulatory blind spots have been significantly narrowed through the combined use of institutional arrangements and technological tools, the expert said.

Moreover, the regulations have strengthened market transparency and fairness by establishing unified rules, unified standards, and a unified data infrastructure, providing institutional safeguards for building a well-regulated, orderly, open, and efficient unified national market, Li said.

Global Times