China plans to reduce corporate costs
Take me away, mom Animals on the Road	“Water Margin” on eggs Cat the occupier Adorable animals pose like stars Cuddle up together, battling against blizzard Sunshine in the life

 

The Chinese government has planned a basket of favorable measures for companies in the real economy to cut costs as part of efforts to bolster lackluster economic growth, an official document said.

The measures include lower tax burdens, cheap financing and reduced red tape, as well as more affordable land use, energy consumption and logistics, according to a work scheme released on Monday by the State Council.

The government aims to achieve major progress in about three years, which means a marked increase in corporate profitability.

China has rolled out an array of policies, including tax breaks and easier market access, to help companies weather the ongoing economic slowdown.

The country's economic growth stayed at 6.7 percent in the second quarter, the lowest level since the 2009 global financial crisis.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan