[Tax reductions and fee reductions in the health sector exceeded 240 billion yuan in the first eight months] October 13th, according to the State Administration of Taxation, in the first eight months of this year, the current major policies to support the development of health and health undertakings reduced taxes and fees by a total of 245.4 billion yuan. Among them, the medical services provided by medical institutions are exempt from value-added tax and other policies that support the optimization of health services have reduced taxes and fees by 92.6 billion yuan; community care, childcare, and housekeeping institutions are exempted from value-added tax, and premium income from health and pension-related personal insurance products are exempt from value-added tax. Policies that support the development of the health industry and improve health security have reduced taxes and fees by 152.2 billion yuan. Under the combined effect of preferential tax policies and other policies, the health and wellness industry has shown rapid development. Value-added tax invoice data shows that in the first eight months of 2026, the sales revenue of the medical equipment and equipment manufacturing industry increased by 16.9% year-on-year, and the sales revenue of the health service industry increased by 15.7% year-on-year. The foundation for high-quality development in the health and health field continues to be consolidated.