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Policy

Chinese vice premier stresses importance of taxation

February 19, 2019


Abstract : Chinese Vice Premier Han Zheng on Monday stressed the work of the country's taxation authority and called for effective implementation of policies to cut taxes and fees.

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Chinese Vice Premier Han Zheng, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, inspects the State Taxation Administration in Beijing, capital of China, Feb. 18, 2019. (Xinhua/Xie Huanchi)

BEIJING, Feb. 18 (Xinhua) -- Chinese Vice Premier Han Zheng on Monday stressed the work of the country's taxation authority and called for effective implementation of policies to cut taxes and fees.

During an inspection of the State Taxation Administration, Han called the taxation authority "an important junction of implementing macroeconomic policies and serving microeconomic operations."

This year, the administration should effectively implement the government's policies to cut taxes and fees to strengthen the people's sense of fulfillment, he said.

Following a principle that the benefits are shared by all, the taxation authority should do its research to raise more policies on tax reform and cuts of taxes and fees, Han said.

The vice premier also underlined efforts to improve law enforcement, the supervision system and tax inspection to crack down on tax evasion and fraud and to optimize the taxation and business environment. 

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Keyword: China-tax-policy tax-cut

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