China to further lower corporate costs
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China's State Council on Wednesday announced further measures to reduce corporate burden.

China plans to cut annual corporate costs by 120 billion yuan (about 17.48 billion U.S. dollars) through measures such as lowering logistics costs and cutting business fees, according to a statement released following a State Council executive meeting presided over by Premier Li Keqiang.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan