Premier Li Keqiang speaks at the National People's Congress. Photo: Simon Song
SCMP Editorial
Opinion

Opinion

SCMP Editorial

Trade war spurs Li Keqiang to offer business incentives

  • The showdown helped shape the premier’s work report with references to challenges and risks but besides the tax cuts and help for the private sector, there was emphasis on the importance of investment in research

TOP PICKS

Premier Li Keqiang speaks at the National People's Congress. Photo: Simon Song
READ FULL ARTICLE
Premier Li Keqiang delivered the government work report during the opening of the National People’s Congress in Beijing. Photo: Bloomberg

Six key takeaways from China Premier Li Keqiang’s annual policy blueprint

  • The government set the economic growth target for 2019 in a range of 6.0 to 6.5 per cent during the opening of the National People’s Congress
  • Beijing also announced a significant 3 percentage points cut in value-added tax rate for manufacturers to 13 per cent
Topic |   Two Sessions 2019 (Lianghui)

TOP PICKS

Premier Li Keqiang delivered the government work report during the opening of the National People’s Congress in Beijing. Photo: Bloomberg
READ FULL ARTICLE