Economic coordinated development is the top priority in China. Giving full play to the decisive role of the market in the primary distribution is the premise and prerequisite for the coordinated development of economy，and the neutral degree of tax participating in the primary distribution is an important factor affecting the market allocation of resources. VAT is the most important tax participating in the primary distribution，and its tax neutrality plays a vital role in market resource allocation. This report systematically expounds the relationship between tax revenue neutrality and coordinated economic development，reviews and evaluates China’s VAT reform from 2012 to 2021 from the perspective of promoting coordinated economic development and enhancing tax revenue neutrality，and puts forward suggestions for further reform.