China to further alleviate burdens on companies
Xinhua
1571233517000

BEIJING, Oct. 16 (Xinhua) -- The State Council, China's cabinet, on Wednesday called for enhanced efforts to further alleviate burdens on companies to increase momentum of development.

138464377_15707952225861n.jpg

A staff member (R) explains to a taxpayer about a new policy on VAT reduction at a local tax bureau in Fengze District of Quanzhou, southeast China's Fujian Province, April 1, 2019. (Photo: Xinhua)

The policies of cutting tax and fees should be implemented carefully, and efforts should be made to solve difficulties for enterprises, to ensure that tax on manufacturing industry and other major industries will drop significantly, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.