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BEIJING -- China's new tax cut policies saved 524.5 billion yuan (around billion) for businesses and individuals in the first four months of this year, official data showed Thursday.

BEIJING - The State Council made arrangements to optimize the business environment to stimulate market vitality and social creativity, at an executive meeting Wednesday.

BEIJING - Natural disasters killed 41 people in May in China, according to the Ministry of Civil Affairs and the National Commission for Disaster Reduction.

BEIJING - Over the weekend, China's local tax bureaus were crowded with taxpayers, as China's first environmental tax declaration period started on April 1.

BEIJING -- China will further direct financial institutions to support enterprises to help keep the fundamentals of the economy stable, and expedite fee cuts to ease burdens on market entities, according to a State Council executive meeting on Wednesday.