日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Steep corporate tax cuts to help ensure steady growth: economist

Xinhua | Updated: 2019-03-18 17:26
Share
Share - WeChat
China will reduce the tax burdens and social insurance contributions of enterprises by nearly 2 trillion yuan this year. [Photo/VCG]

BEIJING - China's sustained efforts to lower the corporate burden will help stabilize employment, investment and growth expectations, said Bai Jingming, vice-president of the Chinese Academy of Fiscal Sciences.

Following colossal tax and fee cuts of around 1.3 trillion yuan ($194 billion) in 2018, China will reduce the tax burdens and social insurance contributions of enterprises by nearly 2 trillion yuan this year.

Small and micro companies, which provide the majority of jobs, would be the major target of such cuts in 2019, showing a clear pro-employment policy tendency, Bai told the People's Daily on Monday.

This year, China will reduce the current value-added tax rate of 16 percent for manufacturing and other industries to 13 percent, and lower the rate for such industries as transport and construction from 10 to 9 percent.

A universal tax cut will greatly ease the tax burden of companies in purchasing fixed assets like machinery equipment and save costs for equipment manufacturers, resulting in more room for investment, Bai said.

The massive corporate tax cuts this year showcased the central government's efforts to inject more energy into economic development and to make sure market entities receive benefits, which will help stabilize market expectations of the economy, according to Bai.

Bai believes the move will unleash Chinese people's unlimited potentials in innovation and creation and boost the nation's high-quality development.

China's economy, the second largest in the world, expanded 6.6 percent to exceed 90 trillion yuan last year. The growth target for 2019 was set at 6-6.5 percent.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 啪啪免费网 | 日本亚洲色图 | 91亚洲国产成人精品一区二区三 | 国产黄色小视频在线观看 | 久久久久久久免费 | 欧美日韩精品区 | 好看的中文字幕 | 免费毛片一级 | 亚洲精品不卡 | 成人一级视频 | 亚洲色图av在线 | 99一区二区三区 | 国产午夜一区二区 | 国产成人久久精品麻豆二区 | 波多野结衣一区二区三区在线 | 日韩不卡一区 | 国产美女网站 | 在线观看国产黄色 | av网址在线播放 | 久草色视频 | 国产精品久久久久久久妇 | 九九视频在线观看 | 一及黄色片 | 色多多污污 | 99热99| 午夜在线成人 | 日韩美女av在线 | 亚洲男人天堂视频 | 琪琪久久 | 国产精品久久久久久久免费看 | 另类色综合 | japanese中文字幕| 日韩一级黄色 | 午夜av成人 | 综合网久久 | 久久手机看片 | 久久久久久免费 | 美国黄色a级片 | 大奶一区二区 | 日韩国产中文字幕 | 日本成人一区二区 |