Govt should accelerate tax cuts to invigorate economy, premier says

Premier Li Keqiang urged government departments to speed up the implementation of tax reductions to invigorate the country's economy, amid rising uncertainties about growth on Friday.

Li was speaking with entrepreneurs from the manufacturing, construction and service sectors at the Zhongnanhai leadership compound in Beijing.

The businesspeople said they have received benefits from the tax reduction measures in the past months, after the measures were introduced by Li in the Government Work Report in March. They also offered advice on how to further ease the tax burden on businesses.