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3333px;">In 2019 , China will implement a larger-scale tax cut and fee reduction.
A series of tax and fee reduction policies have two new features: one is to shift from tax base tax reduction to tax reduction from tax rate, and the other is to change from preferential type to inclusive type.
These two new features make the tax and fee reduction policy more stable, transparent, and fair, and create a good business environment, which has a significant effect on stabilizing expectations.
A series of tax and fee reduction policies have two new features: one is to shift from tax base tax reduction to tax reduction from tax rate, and the other is to change from preferential type to inclusive type.
The first is to stabilize economic growth expectations.
The second is to stabilize residents' consumption expectations.
Once again, it stabilized the company's development expectations.
In addition, the tax and fee reduction policy also stabilized the market's long-term expectations.