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Chinese taxes
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Chinese taxes
Economy
New Tax and Fee Reductions for Chinese Enterprises Exceeded 2.5 Trillion Yuan in 2020: MOF
CBNEditor
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February 1, 2021
0
China's Ministry of Finance (MOF) says that its ongoing tax and administrative fee reductions saw a considerable increase in 2020 as part...
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Economy
China’s Nationwide Tax and Fee Cuts Total 1.8773 Trillion Yuan for Jan – Aug 2020
CBNEditor
-
October 1, 2020
0
Official data points to sizeable reductions in taxes and administrative fees in China since the start of 2020 as part of ongoing...
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Economy
China’s Tax Chief Says Cuts Will “Spur Vitality of Market Actors”
CBNEditor
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August 12, 2020
0
The head of China's tax department has highlighted the ability of reductions to taxes and administrative fees to help spur economic activity...
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Economy
China’s Tax and Administrative Fee Cuts Exceed 2.3 Trillion Yuan in 2019
CBNEditor
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February 12, 2020
0
The Chinese central government is touting the scale of its cuts to taxes and administrative fees in 2019.
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Banking
New Tax and Fee Reductions Total 893 Billion Yuan for First Five Months of 2019
CBNEditor
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July 1, 2019
0
China's latest round of levy cuts have resulted in tax and fee reductions exceeding 893 billion yuan since the start of 2019....
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Economy
95% of Chinese Businesses to Benefit from 600B Yuan Inclusive Tax Cut
CBNEditor
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January 21, 2019
0
State media says new inclusive tax cuts launched by the central government that target small and micro-enterprises will reduce the tax burden...
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Economy
2019 Tax and Fee Cuts in China Expected to Exceed 1.5 Trillion Yuan
CBNEditor
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December 25, 2018
0
Domestic analysts expect the pursuit of more active fiscal policy by Beijing to lead to over 1.5 trillion yuan in tax cuts in 2019. Shi...
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Economy
China Could Cut Taxes by 5 Trillion Yuan over 5 Years, Enterprise Income Tax Set to Fall to 20%: State Media
CBNEditor
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October 10, 2018
0
Chinese state media has pointed to the possibility of as much as five trillion yuan in tax cuts over the next five years as...
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Most Read
Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor
Banking
CBNEditor
-
April 14, 2021
0
The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...
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Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms
Finance
CBNEditor
-
April 14, 2021
0
The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...
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Chinese CPI Bounces Back into Positive Territory in March
Economy
CBNEditor
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April 14, 2021
0
China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...
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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021
Banking
CBNEditor
-
April 14, 2021
0
Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...
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