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For his part, Wang said China appreciated Laos for always firmly supporting China on issues concerning China's core interests.
It is not only talking about cargo infrastructure, but also people-to-people connectivity, enhancing cultural communication and good values.
The VAT reform is the most significant step taken in reducing taxes in recent years. Premier Li told the national legislature in March that the government will ensure that tax burdens on all industries are reduced.
"Support for near-term growth may further increase longer term imbalances, particularly if it leads to a rapid increase in investment by state-owned enterprises that does not yield benefits in terms of profitability and value added," Moody's said in a note.
Salt producers will be able to determine their own production scale and market salt directly, rather than selling only to state distributors, while price controls will be scraped from 2017, according to a statement by the State Council on Thursday.
来源：资阳报