China’s private entrepreneurs are particularity struggling amid the economic slowdown, under pressure from excessive taxes and levies, as well as the persistent discriminatory treatment from China’s state apparatus. Photo: XinhuaChina’s private entrepreneurs are particularity struggling amid the economic slowdown, under pressure from excessive taxes and levies, as well as the persistent discriminatory treatment from China’s state apparatus. Photo: Xinhua
China’s private entrepreneurs are particularity struggling amid the economic slowdown, under pressure from excessive taxes and levies, as well as the persistent discriminatory treatment from China’s state apparatus. Photo: Xinhua

China issues 28-point plan to ease the fears of its private entrepreneurs struggling amid the economic slowdown

  • The latest policy guidelines seek to ‘forge a better environment to support private businesses’ with the sector particularity struggling amid the economic slowdown
  • China’s private sector contributes half of the tax revenue and 80 per cent of the country’s employment, but has little contribution to policymaking decisions

Topic |   China economy
China’s private entrepreneurs are particularity struggling amid the economic slowdown, under pressure from excessive taxes and levies, as well as the persistent discriminatory treatment from China’s state apparatus. Photo: XinhuaChina’s private entrepreneurs are particularity struggling amid the economic slowdown, under pressure from excessive taxes and levies, as well as the persistent discriminatory treatment from China’s state apparatus. Photo: Xinhua
China’s private entrepreneurs are particularity struggling amid the economic slowdown, under pressure from excessive taxes and levies, as well as the persistent discriminatory treatment from China’s state apparatus. Photo: Xinhua
READ FULL ARTICLE
Close
We need your support

Advertising helps us continue to provide quality content. Help support us by disabling your adblocker on our site.

How to whitelist us:
  1. 1
    Click on the AdBlock icon at the top right corner of your browser.
    For iOS, go to Settings/Safari/Content Blockers and turn it off.

    For Android, go to your Ad blocker app/Settings and turn it off.
  2. 2
    Click Enabled on this site until the text reads Disabled on this site.
  3. 2
    Click the cross icon on the top right corner to close this window and refresh the page.
  4. 3
    Click the cross icon on the top right corner to close this window and refresh the page.