-
China's tax policies continue to support sci-tech innovation
China's tax policies have further supported sci-tech innovations in recent years, cutting related taxes and fees by 1.3 trillion yuan (US$189.02 billion) in 2022, said an official from the State Taxation Administration at a press conference Thursday.
April 7, 2023 -
China to cut 1.8 trillion yuan in taxes, fees for businesses this year
China is expected to reduce tax and fee burden for businesses by 1.8 trillion yuan (US$261.62 billion) this year via both preferential tax policies and tax credit refunds, Wang Daoshu, deputy head of China's State Taxation Administration, said at a news conference on Thursday morning.
April 7, 2023 -
Official: China's business income rebound points to improving economy
Chinese businesses have posted a strong rebound in sales revenue since the beginning of this year in the latest signal of an improving economy.
April 7, 2023 -
Tax, fee cuts to better shore up biz recovery
China's tax and fee cuts and related preferential policies have grown more targeted and tailor-made this year to better boost the economy with a steady and strong recovery by unleashing business vitality, officials and experts said.
April 7, 2023