Global EditionASIA 中文双语Français
Business
Home / Business / Macro

Tax and fee cut efforts to be strengthened this year: NDRC

chinadaily.com.cn | Updated: 2020-07-17 11:08
Share
Share - WeChat
Tax officials talk with a factory worker about tax-cut policies, in Shijiazhuang, Heibei province, on Dec 10, 2019. [Photo/Sipa]

China will strengthen tax and fee reduction efforts this year, said the National Development and Reform Commission on Friday.

The amount of taxes and fees cut has currently exceeded 1 trillion yuan, said the top economic planner.

All indicators of the country's major provinces for economic development are further picking up, which provides conditions and foundations for China's economy to maintain its trend to stabilize and recover.

About 7.39 million enterprises were newly registered in 2019, up 10.3 percent year-on-year, and about 20,200 enterprises were newly established each day on average throughout the year, said Yuan Da, spokesman for the National Development and Reform Commission.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE