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A State Administration of Taxation official promotes the new national tax and fee reduction policy on April 10 at a company in Yichun, East China's Jiangxi province. Photo: VCG

2019年10月31日 20:21 来源于 财新网
Government says more than $213 billion has been shaved off tax revenue this year
A State Administration of Taxation official promotes the new national tax and fee reduction policy on April 10 at a company in Yichun, East China's Jiangxi province. Photo: VCG

The Chinese government’s pledge in March to slash taxes and fees by 2 trillion yuan this year has already led to savings of more than 1.5 trillion yuan ($213 billion) for companies and individuals, the country’s tax administration said on Wednesday.

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