Premier calling for greater tax reduction

Changes expected to vitalize markets and reduce burdens for companies

Premier Li Keqiang has called for careful implementation of China's decisions to further cut taxes and fees on enterprises and individuals to boost the vitality of market entities, as the country faces downward economic pressure.

The premier made the statement when inspecting the Ministry of Finance and the State Taxation Administration on Thursday, along with Vice-Premier Han Zheng, who oversees the two departments.