China's tax and fee cuts exceed 7.6 trillion yuan in 13th Five-Year Plan period

During the 13th Five-Year Plan period (2016-2020), China's tax and fee cuts exceeded 7.6 trillion yuan, which effectively eased burdens for businesses, an official said at a press conference on Wednesday.

April 8, 2021

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