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China To Delay Administrative Charges For SMEs, Manufacturers

CHINA PRESS

China will increase efforts to support firms, especially SMEs and manufacturers by delaying the payment of some administrative fees and deposits, CCTV News reported citing the State Council executive meeting chaired by Premier Li. The payment of 14 administrative charges including farmland reclamation and sewage treatment fees totaling over CNY53 billion will be postponed in Q4, as well as the payment of various project deposits totaling about CNY63 billion, the meeting said.

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China will increase efforts to support firms, especially SMEs and manufacturers by delaying the payment of some administrative fees and deposits, CCTV News reported citing the State Council executive meeting chaired by Premier Li. The payment of 14 administrative charges including farmland reclamation and sewage treatment fees totaling over CNY53 billion will be postponed in Q4, as well as the payment of various project deposits totaling about CNY63 billion, the meeting said.