In Shaoxing the "sweet potato economy" is thriving: private companies are expanding globally while deepening their local roots. Tax authorities are refining compliance coaching and tax-fee services across three paths: helping firms go out, settle in, and upgrade.
Widening the vines abroad. Since China fully opened used-car export qualifications, six companies in Shaoxing Binhai New Area have obtained licenses, among the most in the city. Managers said cross-border issues such as matching customs declaration data with the export refund system were unfamiliar, and self-teaching invited errors. Tax officials responded with a full-chain support plan covering the used-car trade and with handbooks and risk checklists for high-frequency issues. They also visit export firms for targeted training and big-data risk scans to help improve internal control platforms.
Strengthening the local base. A small pair of socks can carry serious technology. At Shaoxing Ludin Knitting's workshop, smart systems precisely regulate temperature and humidity while integrated knitting machines run at speed, shipping tens of thousands of pairs of functional socks worldwide daily. The company moved from hand-sewn toes to seamless forming and from ordinary cotton to volcanic-rock thermal fibers, completing a plant expansion and full digital retrofit of more than 500 machines in 2025. Its general manager said digital transformation is not about buying machines but about letting innovation reach every process.
Rising through services. Tax authorities now provide tailored compliance health reports and real-time answers through the interactive consultation platform. The company said this cut tax-related risk to a minimum and let preferential policies land, freeing it to focus on product innovation. Next it plans smart logistics robots to close the last mile in warehousing.