China’s manufacturers that make less than 400 million yuan a year will see at least half of their taxes deferred for the next three months. Photo: AFP
China’s manufacturers that make less than 400 million yuan a year will see at least half of their taxes deferred for the next three months. Photo: AFP

China’s small manufacturers see taxes deferred as Beijing vows ‘timely and targeted’ economic adjustments

  • State Council will study ‘large-scale tax-reduction policy for market entities’
  • Manufacturers that make up to 400 million yuan (US$62.6 million) a year will see their taxes entirely or partially deferred for the next three months

Topic |   China manufacturing
China’s manufacturers that make less than 400 million yuan a year will see at least half of their taxes deferred for the next three months. Photo: AFP
China’s manufacturers that make less than 400 million yuan a year will see at least half of their taxes deferred for the next three months. Photo: AFP
READ FULL ARTICLE