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China to cut more taxes to support small and high-tech companies

China Materials 25 April 2018 15:28 (UTC +04:00)
China will cut more taxes to support small and micro firms and high-tech companies
China to cut more taxes to support small and high-tech companies

China will cut more taxes to support small and micro firms and high-tech companies, state radio quoted the cabinet as saying on Wednesday after a meeting, Reuters reports.

The government rolled out seven measures that are expected to cut more than 60 billion yuan ($9.5 billion) in taxes for small and high-tech companies this year, state radio said.

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