Policies improve people's livelihoods in 2020

-- Tax relief policies

A State Council executive meeting on Feb 25 decided to exempt value-added taxes for small-scale taxpayers in Hubei province, which was hit hard by the novel coronavirus earlier this year, and cut taxes from 3 percent to 1 percent for those outside Hubei from March 1 to May 31.

Individual businesses will also see a cut in their insurance contributions. Industrial and commercial companies not from high energy-consuming industries enjoy a 5-percent cut in electrical charges.

|<< Previous 1 2 3 4 5 6 7 8 9 10 11 Next   >>|