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China's economic growth rate is expected to be 6.6 percent in 2018, as revealed by the latest investigation of the Chinese Academy of Social Sciences or CASS, Yicai.com reported Tuesday.
China's ongoing efforts to spur new forms of consumption will help stimulate market players' vitality, boost domestic demand and support economic recovery, said Guo Xin, a marketing professor at the Beijing Technology and Business University.
China's economic fundamentals are better than in 2015 and 2016, and the yuan has got rid of unilateral fluctuations. [Photo/VCG]
China's effort to reduce the corporate tax burden has played a positive role in boosting economic growth, experts said on Wednesday, calling on the government to further deepen tax reform to cushion the potential impact of US President Donald Trump's proposal for massive corporate tax cuts.
China's first Charity Law took effect on Sept 1, 2016.