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China will continue to reduce taxes and fees in the second half of the year as part of its efforts to save costs for enterprises and bolster employment, according to top tax authorities.
China will continue to deepen the supply-side structural reform and transform government functions, Li said.
China proposed an extra 25 percent tariff on a list of US products, such as soybean and pork, last week in response to the US' imposing of steep tariffs on billion worth imports of Chinese products.
China is working on new ways to improve chip performance, power and costs for AI applications, which will present huge opportunities for companies laying the foundations for such technological breakthroughs, said Gary Dickerson, president and chief executive officer of Applied Materials Inc, a leading semiconductor and display equipment company.
China needs to accelerate the upgrading of its foreign trade structure by developing high-tech, high-quality products and services, said Liu Jianying, researcher with the Chinese Academy of International Trade and Economic Cooperation.
来源：资阳报