Tax policy to better support economic recovery

The Inner Street Culture Creative Park is bustling with activity during the night market in Qingxiu district, Nanning city, Guangxi Zhuang autonomous region, on April 16, 2024. [Photo/VCG] China’s fiscal authorities will intensify efforts in areas like fully supporting sci-tech innovation and expanding domestic demand to further facilitate economic recovery, a senior official from the … Continue reading Tax policy to better support economic recovery

Fitch’s outlook on fiscal policies wrong, ministry says

A robotic arm works on a photovoltaic module production line of a new energy company in Ordos, Inner Mongolia autonomous region, on March 21, 2024. [Photo/Xinhua] Rating Agency Fitch’s sovereign credit rating methodology and indicator system have failed to effectively and prospectively reflect the positive role of China’s fiscal policies, which are properly more proactive … Continue reading Fitch’s outlook on fiscal policies wrong, ministry says

Chinese NEV makers encouraged to develop oversea markets: MIIT

Visitors look at an electric MG Cyberster during the 45th Bangkok International Motor Show in Bangkok, Thailand, March 27, 2024. [Photo/Xinhua] The Ministry of Industry and Information Technology, China’s top industry regulator, said in an exclusive interview with China Daily that it will step up efforts to encourage Chinese new energy vehicle enterprises to accelerate … Continue reading Chinese NEV makers encouraged to develop oversea markets: MIIT