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Two symposiums on tax and fee...........>

CHINA PRESS
CHINA PRESS: Two symposiums on tax and fee reductions held by Chinese Premier Li
Keqiang over the last two weeks would provide a boost to market confidence, said
Securities Daily on Monday. The reductions would encourage enterprises to
increase investment in R&D, accelerate the transformation of operations and
upgrade their products, said the daily citing Zhang Yiqun, a researcher at the
Society of Public Finance. Zhang said that China is fully capable of resisting
any economic shocks through a series of tax cuts and reforms, because the
country has a huge market, development space and economic resilience. 

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