In October 2024, ZHONGGUO SHUIWU BAO celebrated its 40th anniversary. As an authoritative publication in the field of taxation, ZHONGGUO SHUIWU BAO has always adhered to the tenet of ‘focusing on the centre, serving the overall situation, focusing on taxation and assisting development’, promoting tax knowledge and enhancing the relationship between tax collectors and employers. As a tax practitioner in the new era, Mr Liu Tianyong, a lawyer, has been travelling with China Taxation all the way, and on the occasion of the 40th anniversary of its publication, he wrote an article entitled ‘Forty Years of Style and Flourish, Going on a New Journey’, the full text of which is as follows: