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China is expected to reduce tax and fee burden of CNY 1.8tln for businesses | Forexlive

Reuters with the headline, citing a state taxation administration official:

  • China is expected to reduce tax and fee burden of CNY 1.8tln for business entities this year

Its been a steady drip-feed of moves to support economic activity from China ever since Xi appointed new officials, new Premier Li Qiang amongst them.