China to further reduce burden on market entities

China will continue and improve a series of preferential tax and fee policies, which are expected to reduce burdens on market entities by over 480 billion yuan (US$70.2 billion) annually, the country's vice finance minister said on Friday.

March 31, 2023

Tax reliefs bolster small biz gain from rebound

China will strengthen fiscal policy assistance to boost growth this year and will move steadily on delivering preferential tax and fee policies, particularly to struggling small businesses, an official said on Friday.

April 3, 2023