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Major tasks for 2019: Government Work Report
Updated: Mar 6, 2019
chinadaily.com.cn
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1. Continue to develop new and improved approaches to macro regulation and keep the main economic indicators within an appropriate range.
Key points:
-- Reduce the current rate of 16 percent in manufacturing and other industries to 13 percent, and lower the rate in the transportation, construction, and other industries from 10 to 9 percent.
-- Reduce the tax burdens on and social insurance contributions of enterprises by nearly 2 trillion yuan.
-- 2.15 trillion yuan of special local government bonds will be issued, an 800 billion yuan increase on last year.
-- Use multiple channels to achieve stable and expanding employment.
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