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China's finance minister says greater tax, fee cuts coming this year

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BEIJING : Chinese Finance Minister Liu Kun said on Tuesday that China will implement bigger cuts in taxes and fees this year while strengthening coordination between fiscal and monetary policy. China will also step up transfer payments from the central government to local governments in 2022, Liu said at

BEIJING : Chinese Finance Minister Liu Kun said on Tuesday that China will implement bigger cuts in taxes and fees this year while strengthening coordination between fiscal and monetary policy.

China will also step up transfer payments from the central government to local governments in 2022, Liu said at a press conference.

 

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