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New tax breaks set to boost consumption - Vimarsana News

New tax breaks set to boost consumption

The State Council said on Monday in a document that starting from Jan 1, the individual taxable income of such parents can be reduced by a total of 1,000 yuan ($156) per month for each baby.

Source: ecns.cn
China's Local Governments Have Financial Difficulties Following 'Zero-COVID' Policy - Vimarsana News

China's Local Governments Have Financial Difficulties Following 'Zero-COVID' Policy

Chinese authorities admitted on Sept. 19 that outbreaks of new COVID-19 cases occurred in "multiple cities at the ...

Experts see sustainable fiscal spending ahead - Vimarsana News

Experts see sustainable fiscal spending ahead

The proposed lowering of the deficit-to-GDP ratio to 2.8 percent for this year will make fiscal spending more sustainable, and will not weaken the country's intensity of fiscal spending, political advisers and experts said on Thursday.

Experts see sustainable fiscal spending ahead - Vimarsana News

Experts see sustainable fiscal spending ahead

The proposed lowering of the deficit-to-GDP ratio to 2.8 percent for this year will make fiscal spending more sustainable, and will not weaken the country's intensity of fiscal spending, political advisers and experts said on Thursday.

Experts see sustainable fiscal spending ahead - Vimarsana News

Experts see sustainable fiscal spending ahead

The proposed lowering of the deficit-to-GDP ratio to 2.8 percent for this year will make fiscal spending more sustainable, and will not weaken the country's intensity of fiscal spending, political advisers and experts said on Thursday.