En­ter­prise costs to be low­ered

China Daily (USA) - - P LICY REVIEW -

The State Coun­cil is­sued a newreg­u­la­tion about low­er­ing the cost of real-econ­omy en­ter­prises within three years, to pro­mote the com­pet­i­tive­ness of the in­dus­trial sec­tor. Its mea­sures in­clude cut­ting tax and gov­ern­ment­col­lected fees for en­ter­prises, low­er­ing their fi­nanc­ing and la­bor costs.

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