LINE

Text:AAAPrint
Economy

China to further cut corporate costs

1
2021-05-11 08:02:26Xinhua Editor : Li Yan ECNS App Download

China will further cut taxes and fees to boost the vitality of market entities, the country's top economic planner said Tuesday.

China will mobilize financial resources to support the real economy, reduce government-imposed transaction costs, and cut labor costs for firms, said a notice released by the National Development and Reform Commission and three other ministries.

The country will also reduce logistics costs, cancel or lower some highway and civil aviation port charges, and improve transport and logistics infrastructure, the notice said.

It added that efforts would be made to improve the capital turnover of firms and ensure timely payments to small and medium-sized enterprises.

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2021 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.