The story appears on

Page A3

April 5, 2018

GET this page in PDF

Free for subscribers

View shopping cart

Related News

HomeBusinessFinance

Corporate fees to be cut

CHINA will lower corporate fees by more than 300 billion yuan (US$47.6 billion) annually to further boost development of the real economy.

The decision was made at a State Council executive meeting chaired by Premier Li Keqiang yesterday.

The latest round of reductions will cover fees related to water conservancy projects, energy use and logistics, according to a statement released after the meeting.

The government will scrap fees for administrative procedures like first-time applications for citizen identity cards and patent registrations, it said.

China will also cut telecommunication charges to boost the development of the digital economy.


 

Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

娌叕缃戝畨澶 31010602000204鍙

Email this to your friend