BEIJING (Reuters) – China plans to cut the value-added tax (VAT) rate that covers the manufacturing sector by 3 percentage points, Bloomberg reported on Monday, citing a source familiar with the matter.
The cut could be announced as soon as this week, the unnamed source was quoted as saying.
Premier - Li - Keqiang - Work - Report
Premier Li Keqiang is due to deliver his work report at the annual meeting of parliament starting on Tuesday. In the report, the government will outline its targets for the...
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