Jiangsu endeavors to stimulate growth

East China's Jiangsu province has taken measures to effectively lower overall costs of the real economy, according to provincial officials.

Kong Xiangping, deputy director of Jiangsu Provincial Price Bureau, said business costs have been reduced by a total of 35 billion yuan ($5.5 billion) in the province over the past two years.

In fact, business costs totaling 25 billion yuan were reduced in 2017 alone, Kong said.