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China will issue an additional set of policies to further cut 400 billion yuan (.8 billion) of tax this year, following Wednesday's announcement of value-added tax reform, officials from the Ministry of Finance said on Friday.
China will encourage foreign investors to enter its trust, financial leasing, auto finance, money brokerage and consumer finance sectors, a move to take effect before the end of this year, said Yi Gang, governor of the People's Bank of China, at the Boao Forum for Asia annual conference in the southern Hainan Province.
China will release at an "appropriate" time the list of products imported from the United States on which it will impose reciprocal tariffs in response to Washington's decision to impose restrictive tariffs on imports of steel and aluminum products, the Ministry of Commerce said on Thursday.
China will offer other services, such as scientific research and meteorology, to countries in the region, Wang added.
China's central bank, the People's Bank of China, received the first application from a foreign payment company to enter the country's booming third-party payment industry on Wednesday.
来源：资阳报