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China's stronger-than-expected growth in the second quarter has prompted economists to upgrade their growth forecast for China. Some projected that the country's GDP growth could return to around 6 percent on a yearly basis by the fourth quarter. If the pandemic does not worsen, China's full-year growth rate could exceed 3 percent, they said.
China's tax and fee reduction initiative may boost overall economic growth by 0.8 percentage point this year, and policymakers are saving money to support economic growth through controlling unnecessary expenditures, Finance Minister Liu Kun reported to the country's top legislature on Wednesday.
Chinese Ambassador to Britain Liu Xiaoming appears on BBC TV's The Andrew Marr Show in London, Britain Feb 9, 2020. [Photo/Agencies]
China's total tax revenue in the first half of this year was 7.68 trillion yuan, up 15.8 percent, slower than 18.4 percent in the first four months and 17.3 percent in the first quarter, the ministry reported.
Chinese Enterprises of Commerce in Liberia donates a batch of medical supplies and food to help the Liberian government stop the spread of the COVID-19 epidemic. [Photo/Frontpage Africa Online]
来源：资阳报