Government addresses public concerns

In the past week, departments and ministries under the jurisdiction of the State Council, China's Cabinet, have responded to a number of public concerns, including a preferential tax policy, reform of the vehicle sales mechanism, smartphone safety, a national plan to make it easier for students from impoverished backgrounds to attend university and the replacement of business tax with value-added tax.

Preferential policy launched

To promote tax reduction and reduce the burden on businesses, the country's tax authorities have launched a "three-dimensional" preferential policy. Liu Baozhu, deputy director of the department of income tax at the State Administration of Taxation, said the authorities will launch comprehensive policies and regulations related to the collection of taxes and service requirements. It will also reduce the cost of payment and collection. Key issues related to the implementation of the policy will also be clarified to help people understand the new system.