BEIJING : China's top economic planner on Tuesday released 22 measures on lowering costs for firms this year, including exempting and reducing value-added tax for some firms and lowering loan interest rates. China will also increase loans to small firms and guide financial institutions to increase their m
BEIJING : China's top economic planner on Tuesday released 22 measures on lowering costs for firms this year, including exempting and reducing value-added tax for some firms and lowering loan interest rates.
China will also increase loans to small firms and guide financial institutions to increase their medium- and long-term loan issuance for the manufacturing sector, according to a statement by the National Development and Reform Commission.
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