Policy digest

Cut to levied charges will ease company costs

The State Council decided at an executive meeting on Wednesday to cut government-levied charges and operating service charges to reduce the burden on businesses and individuals.

According to a decision at the meeting, chaired by Premier Li Keqiang, charges on real estate registration will be cut or canceled from July 1. Fee reductions for patent applications will also be expanded, coupled with measures to cut the annual fees of patents.