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China Premier Urges More Cuts to Taxes, Fees – People’s Daily

Li said all acts of tax evasion and fraud must be cracked down on and illegal charging of fees must be halted


Li Keqiang is expected to bow out aftertwo terms as Premier.
Premier Li Keqiang is widely perceived to have seen his role diminished under Xi but has been a source of comfort to investors who view him as a moderate voice amid Xi's shift towards state-driven economic management. File photo: Reuters.

 

Chinese premier Li Keqiang urged authorities to further cut taxes and fees to help relieve economic difficulties and energise markets, People’s Daily reported.

Li said all acts of tax evasion and fraud must be cracked down on, and illegal charging of fees must be halted.

Read the full report: People’s Daily.

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.