China’s fiscal reform aims to improve business environment

CGTN published this video item, entitled “China’s fiscal reform aims to improve business environment” – below is their description.

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https://news.cgtn.com/news/2022-05-17/China-s-fiscal-reform-aims-to-improve-business-environment-1a7b06gaF7W/index.html

China’s Ministry of Finance, the National Audit Office and the State Tax Administration held a press conference on May 17 to review their work over the past decade. They said reform has helped improve the business environment, supporting the development of science and technology, coordinating the development of rural and urban areas and tackling the environmental problems and climate change. This year, the government has cut 2.5 trillion yuan of taxes and fees for small and medium-sized enterprises to help them weather the COVID-19 pandemic. CGTN’s Yang Shanshan brings you more.

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This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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