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China has announced a plan to reduce tax and fee burdens on enterprises by nearly 2 trillion yuan this year. According to Liu, tax cuts will represent about 70 percent of the total cut, while the rest will come from reductions in social insurance contributions and administrative fees.
China has entered the final stretch of its poverty relief campaign. After delisting all of the 832 poverty-stricken counties, the government will conduct inspections and assessments to ensure the standardization of the delisting process, the accuracy of the criteria and the authenticity of the achievement, said a report from the Xinhua News Agency.
China has called for accelerated efforts to develop new infrastructure. Differing from traditional infrastructure like railways, highways and airports, the new type of infrastructure projects include infrastructure for digital transformation, intelligent upgrades and innovative development.
China has issued licenses to the country's big three telecom carriers, China Mobile, China Unicom and China Telecom, to use low-and medium-band spectrum for nationwide 5G trial network construction, the Ministry of Industry and Information Technology said on Thursday.
China began to tighten its crackdown on illegal fundraising early this year to fend off financial risks in 2018, with online lending being one of the key fields that will be put under greater scrutiny.
来源：资阳报