China will further expand domestic......>

CHINA PRESS: China will further expand domestic demand and adjust its economic

structure by implementing a more active fiscal policy, China's Finance Minister

Liu Kun said, according to the People's Daily on Monday. 

  - China will cut tax for companies, use fiscal revenue to support important

infrastructure projects, facilitate consumption, and improve people's

livelihoods, Liu said; 

  - The Ministry of Finance has decided to aid companies facing problems during

the trade war with the U.S. The Chinese government will support these companies

by allowing affected employees in certain companies to transfer to other jobs or

to receive training, Liu said; 

  - The fiscal policy should be flexible and adapt to actual situations in order

to better serve the real economy, Liu said.