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China is ready to levy differentiated additional tariffs on about billion of imports from the United States, if the latter further escalates trade frictions, the Customs Tariff Commission of the State Council announced late on Friday.
China has shouldered the international obligations of a responsible country in epidemic control, and has developed joint cooperation with the international community in an open, transparent, scientific and coordinative manner, State Councilor and Foreign Minister Wang Yi said on Monday.
China has recently encouraged listed companies to buy back their shares to bolster prices.
China is one of the countries worst hit by natural disasters, and is adapting to the situation by establishing the ministry, said Zhang Xingkai, president of China Academy of Safety Science and Technology.
China implemented a proactive fiscal policy, with tax cuts and rate reductions as the most important measures since 2018. Specific policies included deepening the reform of value-added tax (VAT); adding special additional deductions of personal income tax; further expanding the scope of small enterprises that enjoy preferential corporate income tax; and policies to promote the development of innovative and high-tech startups.
来源：资阳报