202 1 1/official website water conservancy construction inquiry shows that from 20211,Shandong Province will be exempted from local water conservancy construction funds, that is, the proportion of local water conservancy construction funds collected by enterprises, institutions and individual operators who pay value-added tax and consumption tax within the administrative area of this province will be paid by the actual value-added tax and consumption tax. In order to reduce the burden on market players, optimize the business environment and support the high-quality development of the real economy.