value-added

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3月5日，李克强总理向十四届全国人大一次会议作政府工作报告，要点如下：一、过去一年和五年工作回顾过去一年：全年国内生产总值增长3%Gross domestic product (GDP) of the year grew by 3 percent.全年增值税留抵退税超过2.4万亿元Value-added tax (VAT) credit refunds

Starting today, China is replacing its business tax with a value-added tax, or VAT. It is an exciting change that is going to save a lot of Chinese businesses a lot of money. Beijing has extended its VAT pilot program to

China's initiative to replace its business tax with a value-added tax will be implemented next month,as part of a wider push to reform the country's tax system. But some hotel industry analysts believe some

BEIJING, April 4 (Xinhua) -- Chinese Premier Li Keqiang has urged solid efforts from the country's financial and taxation authorities to deliver the value-added tax (VAT) reform as part of efforts to invigorate the r

China aims to make breakthroughs in high value-added products like the next-generation numerical control machines, large passenger jets, sensors and industrial software, to improve its capability in key manufacturing tec

Share of global exports set to reach 13% this yearTwo Russian buyers choose balloons at Yiwu Small Commodities Market in Zhejiang province. [Photo/China Daily]Value-added product shipments rise despite persistent weaknes