China to allow deferrals of gov't-levied charges, tax concessions for private pensions
newscatcher
2022-09-27 21:30
China to allow deferrals of gov't-levied charges, tax concessions for private pensions
China will allow market entities to defer payments of certain government-levied charges to further reduce financial burdens, and offer tax concessions for private pension schemes, according to a State Council executive meeting. At the meeting, chaired by Chinese Premier Li Keqiang on Monday, decisions were also made to enhance government services, ensure a bumper autumn harvest with improved rural infrastructure, and promote the development of the self-employment sector. Payments of certain government-levied charges and deposits will be temporarily deferred to further ease the burdens on market entities and help them overcome difficulties.

http://www.ecns.cn/news/economy/2022-09-28/detail-ihcepfvq8467043.shtml

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