Sunday, November 1, 2020
Tags Chinese tax cuts

Tag: Chinese tax cuts

China’s Nationwide Tax and Fee Cuts Total 1.8773 Trillion Yuan for Jan – Aug 2020

Official data points to sizeable reductions in taxes and administrative fees in China since the start of 2020 as part of ongoing...

China’s Tax Chief Says Cuts Will “Spur Vitality of Market Actors”

The head of China's tax department has highlighted the ability of reductions to taxes and administrative fees to help spur economic activity...

China Implements Nearly $105 Billion Yuan in Tax and Fee Cuts in First Quarter, Tax Revenues Drop 16.4% YoY

China has continued to dramatically reduce tax and administrative fee levels in the wake of the COVID-19 outbreak.

China’s Tax and Administrative Fee Cuts Exceeded 2 Trillion Yuan in 2019

The Chinese government has hailed its sizeable reduction in tax and administrative fees in 2019 as a significant driver of economic growth....

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Anhui Province Undertakes Trial Scheme for SME Emergency Loans to Enteprises Affected by COVID-19 and Flooding

The inland Chinese province of Anhui has announced the start of a trial scheme for the provision of emergency loans to local...

ByteDance Establishes Artificial Intelligence Subsidiary in Fujian Province

ByteDance, the company behind social media giant TikTok, has just established a tech subsidiary in Fujian province whose business scope includes artificial...

Alibaba Unveils Plan for Greater Digitisation of Cross-border Trade

Chinese e-commerce giant Alibaba has unveiled an ambitious new plans to support the use of e-commerce by small businesses.

Lending to Private Enterprise Increases 5.4 Trillion Yuan During Jan – Sep Period: CBIRC

The latest data from the China Banking and Insurance Regulatory Commission (CBIRC) points to a sizeable increase in lending to private enterprises...