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China's tightened regulations on the property market have begun to pay off as home prices in major cities stabilized.
China's tax rate structure was reduced from four tiers to three in July - now simply 6 percent, 11 percent and 17 percent - while the levy on farm produce, tap water and books was reduced from 13 percent to 11 percent.

China's policymakers will strike a balance between containing the novel coronavirus pneumonia outbreak and facilitating the resumption of regular business activities as a prolonged economic standstill could trigger greater risks, economists said.
China, a front-runner in the manufacturing sector, particularly consumer electronics, has been offering viable innovative solutions to Africa, which is eyeing higher economic growth.
China's securities regulator has pledged to reform rules covering initial public offerings to foster the development of innovative and technological companies, and to better serve the country's economic growth.
来源:资阳报