Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

China says 2019 tax and fee cuts will be larger than 2018

China says 2019 tax and fee cuts will be larger than 2018
FILE PHOTO - Employees sort boxes and parcels at the logistic centre of a express delivery company, after the Singles Day online shopping festival, in Wuhan, Hubei province, China, November 12, 2015. REUTERS/Stringer/File Photo -
Copyright
China Stringer Network(Reuters)
Euronews logo
Text size Aa Aa

BEIJING (Reuters) - China's planned tax and fee cuts this year will be larger than those of 2018, Finance Minister Liu Kun told state television in an interview aired on Friday.

Liu also said the government was studying a plan to lower social security fees to reduce the burden on small companies. He said China's proactive fiscal policy would send a clear signal to companies.

(Reporting by Kevin Yao and Min Zhang; Writing by Se Young Lee; Editing by Nick Macfie)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.