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China to cut taxes, fees to support firms

chinadaily.com.cn | Updated: 2019-01-04 13:16

Premier Li Keqiang speaks at a meeting at the China Banking and Insurance Regulatory Commission on Jan 4, 2019. [Photo/gov.cn]

China will further cut taxes and fees to support private and smaller firms' financing, said Premier Li Keqiang on Friday. 

Li made the statement at a meeting at the China Banking and Insurance Regulatory Commission after visiting the Bank of China, Industrial and Commercial Bank of China, and China Construction Bank.

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