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3Novices:China unveils fresh tax cuts to spur growth

Beijing on Wednesday announced a new round of tax cuts to counter looming domestic challenges and to keep economic growth ticking over.
The cuts unveiled by the State Council are expected to reduce taxes by 380 billion yuan this year and come after positive first-quarter results.
In a statement after its weekly meeting, the State Council said the cuts would help to “improve business conditions and strengthen corporate vigour and impetus for innovation” amid lingering instability and…
April 20, 2017 at 05:32AM http://ift.tt/2ooyVYs
#3Novices #News #OnlineMedia #China 3Novices China

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