China’s VAT cut benefits import enterprises

China’s VAT cut benefits import enterprises BEIJING – China’s import enterprises saw their tax burden significantly reduced last month as the country lowered value-added tax (VAT) rates to further lighten the financial pressure of enterprises. Starting April 1, taxpayers previously subject to the 16-percent VAT rate on their imported goods would enjoy a 13-percent VAT…

China’s efforts on opening-up

China’s efforts on opening-up MORE ATTRACTIVE BUSINESS ENVIRONMENT Streamlining the approval process of construction projects, optimizing custom clearance process of cross-border trade, and drafting and revising related business regulations are the latest efforts to improve the business environment. The efforts in improving the business environment have yielded positive results, with China ranking 46th globally for…

Professional purchasers lists from 98 Central Government-owned Enterprises is newly released!

Professional purchasers lists from 98 Central Government-owned Enterprises is newly released! China Energy Conservation and Environmental Protection Group China National Nuclear Corporation China International Engineering Consulting Corporation China Aerospace Science and Technology Corporation China Chengtong Holdings Group Limited China Aerospace Science & Industry Corp China National Coal Group Aviation Industry Corporation of China  China Coal…

Interview: The Netherlands expects Boao Forum to discuss global issues, welcomes more Chinese companies — Dutch PM

Interview: The Netherlands expects Boao Forum to discuss global issues, welcomes more Chinese companies — Dutch PM THE HAGUE, April 8 (Xinhua) — The Netherlands is expecting the Boao Forum for Asia (BFA) conference to discuss global issues, share insights and make new contacts, Dutch Prime Minister Mark Rutte said ahead of his visit to…