Dushan, Guizhou: Tax Incentives Fuel Bearings’ Accelerated Growth as Companies Rush to Fulfill Orders

Release Date:

2026-04-20 11:44

Source:

At the start of the New Year, everything is renewed. In the production workshop of Guizhou Fengda Bearing Co., Ltd., a “rallying march” of resuming work is underway: more than 60 workers are skillfully operating machinery at their respective stations, meticulously carrying out commissioning, grinding, and machining. Precision bearing products are being systematically rolled off the line, fully assembled and ready for shipment, creating a bustling yet well-organized production scene brimming with enthusiasm and energy.

“Around this year’s Spring Festival, our company’s order volume increased by more than 30% year on year, with a fully booked production schedule. We are operating at full capacity to expedite manufacturing and delivery, making every effort to secure a strong start to the first quarter,” said the head of Guizhou Fengda Bearing Co., Ltd.

Since its establishment in 2012, Guizhou Fengda Bearing Co., Ltd. has remained committed to the R&D and manufacturing of bearings, with its products widely used in household appliances, medical devices, power tools, and other sectors. The company has long provided stable supplies to well-known brands such as Midea, Philips, and Supor, primarily selling its products in coastal regions like Guangdong and Zhejiang. Its superior product quality has earned it strong market recognition. “From the pre-Spring Festival orders for steady production and capacity expansion to the post-Spring Festival resumption of work and production, the tax authorities have consistently shown great concern for us,” said the company’s finance director. On the eve of the Spring Festival, Guizhou Fengda Bearing Co., Ltd. urgently needed to apply for the VAT additional deduction and adjust its invoice issuance quota. Upon learning of the situation, the tax authorities promptly dispatched a dedicated task force to provide on-site, one-on-one guidance, swiftly completing the relevant procedures. This helped the company free up capital, enabling it to focus fully on fulfilling orders without any worries. This is just a vivid example of the proactive service provided by the Dushan County Tax Bureau of the State Taxation Administration. According to reports, around the Spring Festival, the Dushan County Tax Bureau launched special New Year–themed services for businesses, precisely matching them with applicable tax preferential policies and delivering “policy gift packages” directly to corporate finance officers. At the same time, the bureau established a “New Year Tax Guidance Task Force” and conducted on-site visits to key manufacturing enterprises within its jurisdiction, thoroughly assessing their pre-holiday production plans, post-holiday resumption arrangements, and tax-related needs. Through these efforts, nine issues related to policy application and tax-processing procedures were coordinated and resolved on the spot.

Moving forward, the Dushan County Tax Bureau will remain focused on the needs of business development, continuously refine taxpayer-friendly tax services, and conduct regular on-site visits to enterprises and direct policy delivery initiatives. By implementing concrete tax incentives and providing attentive, personalized taxpayer services, the bureau will fully support bearing manufacturers in maintaining stable production, increasing output, enhancing quality, and improving efficiency, thereby contributing the tax sector’s strength to the high-quality development of the local economy.

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Why has this county in Guizhou “grown” into the province’s largest small and micro bearing production base?