China to increase support for poor regions as gov't agencies continue frugality

China's government agencies will continue frugality measures during the country's 14th Five-Year Plan period (2021-2025), while the spending in less developed and poor regions will grow, an official with the Ministry of Finance said Wednesday.

April 8, 2021

Fiscal moves to cut risks, spur growth

China's fiscal measures will focus on balancing economic growth and preventing risks, with an eye on enhancing fiscal sustainability over the medium term, senior officials from the Ministry of Finance said on Wednesday.

April 8, 2021

China extends COVID-19 tax-relief policies

China on Tuesday announced an extension of the tax-relief policies launched last year in response to the COVID-19 epidemic.

March 24, 2021

China's poverty alleviation tax and fee cuts see results

China's tax and fee cuts aimed at facilitating poverty alleviation topped 102.2 billion yuan (about 15.84 billion U.S. dollars) last year, official data shows.

February 24, 2021