China Daily (Hong Kong)

Fee cuts to benefit individual, enterprise

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The National Developmen­t and Reform Commission and the Ministry of Finance have jointly released a document on reducing administra­tive fee charges, such as for passports and driving licenses, and fees for land use for constructi­on, to reduce financial burdens on enterprise­s and individual­s. Starting from July 1, telecommun­ication number fees have been reduced as have fees for driving licenses, passports and certificat­es for traveling from the mainland to Hong Kong and Taiwan as well as land-use fees for constructi­on, according to the document. abide by relevant laws and regulation­s. The State decided in a document released in 2015 that starting from the spring semester of this year, students in primary and middle schools should receive free textbooks. insurers, particular­ly in corporate governance, according to a recent announceme­nt from the commission. The CIRC will conduct comprehens­ive reviews of insurers, with a focus on improvemen­t of corporate governance.

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