Wednesday, October 21, 2020
Tags Chinese tax reforms

Tag: Chinese tax reforms

Chinese Fiscal Policy Blue Paper Highlights Acceleration of Tax Reforms

A new blue paper on China's fiscal policy calls for the acceleration of ongoing reforms of the tax system.

State Council Says New Tax Reforms Will Save Chinese Businesses 60bn Yuan

The State Council has launched seven new tax reduction measures as part of efforts to foster the development of innovative tech companies and small...

State Council Reforms Expected to Slash Tax Burden by 400 Billion Yuan

The State Council has just launched a new round of tax reforms that are expected to lighten China's tax burden by as much as...

State Council Proposes Merger of China’s Tax System

Analysts say that the Chinese government's plans to consolidate tax administration mark the biggest reform of the country's taxation system since the mid-1990's. The administrative...

Tax Reforms Will Strengthen Support for SME’s in 2018: Ministry of Finance

The head of China's Ministry of Finance says that tax reforms slated for introduction this year will provide greater support to certain key industries...

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Chinese GDP Growth Rises to 0.7% in Third Quarter

China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...

Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...

Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...