国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語(yǔ)Fran?ais
Opinion
Home / Opinion / Opinion Line

Cuts in taxes and fees for enterprises a positive and helpful policy choice

China Daily | Updated: 2017-03-17 07:12

Cuts in taxes and fees for enterprises a positive and helpful policy choice

A little girl passes by a reform slogan. [Photo/IC]

SPEAKING TO THE MEDIA on Wednesday at the conclusion of the annual session of the country's top legislature, Premier Li Keqiang said that the government will reduce the burden of taxes and administrative fees on enterprises. Beijing News commented on Thursday:

Premier Li's vow to cut the taxes and fees for enterprises echoes the call of the whole of society, and will unleash further potential for economic growth.

It should be noted that cutting taxes and fees means the government will share some of its financial income with enterprises, demonstrating its determination to boost the economy and help enterprises. Li said that reducing the burden of taxes and fees on enterprises will help to promote their competitiveness.

For years, one economy after another has been resorting to trade protectionism to maintain the share of the global market their enterprises have. With less taxes and fees to pay, Chinese enterprises will have more money to invest in making themselves more competitive.

Of course, cutting taxes and fees alone will not encourage enterprises to invest in research and development to boost their competitiveness. Without the confidence that they will make more money by doing so, they might simply divide the money they would have paid as tax and fees among their executives and shareholders.

That requires the advancing of reforms. The economic structure must be further adjusted and monopolies broken, if domestic enterprises are to perform better in the market and win in the global competition.

Reducing the burden of taxes and fees on enterprises is a good policy choice, and it is becoming a key part of China's positive monetary and financial policy. Its positive effects will become evident in the long run.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
广河县| 惠东县| 聂拉木县| 故城县| 望都县| 娱乐| 凤翔县| 金塔县| 南充市| 遂宁市| 安远县| 西乌珠穆沁旗| 高密市| 康平县| 榆中县| 铜梁县| 兰溪市| 定日县| 南雄市| 绥滨县| 石泉县| 湖口县| 伊吾县| 新乡市| 峨山| 衡南县| 化隆| 新化县| 西城区| 东安县| 马公市| 崇仁县| 得荣县| 武川县| 昭平县| 饶阳县| 万安县| 稻城县| 手机| 高唐县| 华阴市|