The construction of railroad to enlarge China's economy is taking a number of measures such as tax reduction: the world's second-largest economy led to a low growth in China. Prime Minister Li has rolled up its sleeves to support the 23's fastest year-long growth. From railway construction to tax cuts, a number of measures are coming.
Bad signals from China, the world's second largest economy, have prompted the government. Chinese Prime Minister Li Keqiang embarked on support for growth. Li Keqiang underlined that they will accelerate railway construction, especially in the central and western regions, and underlined that it will support the economy growing at the lowest rate in 23 years.
APPROVAL TO TAX DISCOUNT
After meeting with Prime Minister Li yesterday, China's State Council approved tax cuts for small-scale companies and reduced exporters' fees. The government said China plans to establish a railway development fund.
BAD SIGNALS STRENGTHENED
Yesterday, after the second quarter growth figures came low in China, the production data saw the bottom of 11 months. With the latest data, the indicator that the economy is downshifting has strengthened.
Source : www.aksam.com.t is