Jul 18, 2017 01:39 PM

Editorial: Reducing Nontax Business Charges Vital to Spurring Growth

By Hu Shuli

The Chinese government in recent months has stepped up efforts to trim nontax charges such as trademark registration fees in a bid to reduce business costs. The move comes as the country shifts from a system that relies on business taxes to value-added taxes. In its latest attempt in June, the Ministry of Finance published on its official website for public scrutiny all central and local government fees imposed on businesses.

You've accessed an article available only to subscribers
Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.