China's central bank remits 600 billion yuan to central budget
The funds will mainly be used to facilitate VAT credit refunds and increase the central government's transfer payments to local governments
time:
2022-04-19 22:53:03
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53129
VAT refunds to boost vitality
Also seen easing cost burdens on micro, small biz, key sectors in manufacturing
time:
2022-03-23 22:55:45
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31966
Li: VAT refunds key to stable economy
Relief measure provides direct, efficient support to micro and small businesses