Tax breaks stimulate corporate China

Cost reduction will help raise the vitality of the business sector and cut companies' financial burden by as much as 1 trillion yuan this year

Editor's note: In the run-up to the 19th CPC National Congress, China Daily will cover a series of reforms, showcasing huge improvements in the country's services.

Xu Shugen is head of a major manufacturing company in East China's Zhejiang province which helped to build the country's first large passenger aircraft.