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Triple-R Cuts to promote steady economic growth
PBOC's reserve ration cuts are considered to offset the increasing pressure of China's economic downturn.
January07,2019
Hebei to phase out over 12 mln tonnes of coal production
North China's Hebei Province has decided to phase out over 12 million tonnes of coal production this year, the provincial development and reform commission said Wednesday.
June07,2018
China cuts 14-bln-USD in logistics costs in 2017
China cut logistics costs by 88.16 billion yuan (14 billion U.S. dollars) last year as part of an effort to relieve the burden on businesses.
February08,2018
China cuts over 900 bln yuan in tax via VAT reform in 2017
China made further headway in cutting tax for enterprises in 2017 via its ongoing reform to replace business tax with value-added tax.
February02,2018
News Analysis: More pro-growth policies expected for China's economy
China's latest cut in its reserve requirement ratio (RRR) signalled more bold pro-growth measures on the horizon against rising economic headwinds.
March02,2016
China's central bank cuts RRR by 0.5 percentage points
The central bank announced on Monday that it will lower its reserve requirement ratio (RRR) for commercial banks by 0.5 percentage points, effective Tuesday, the latest effort to bolster growth.
March01,2016
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