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China's VAT rebates help to ease difficulties for small business

Economy

China has refunded value-added tax (VAT) credits worth 917.8 billion yuan (US$130.3 billion) for micro- and small-sized enterprises, helping to ease their difficulties and keep the operations of market entities stable, an official said at a press conference in Beijing on Wednesday.

China SCIOUpdated:  November 17, 2022
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