China’s 10.5 Trillion Yuan Tax Cuts Fuel Economic Growth
China implements 10.5 trillion yuan tax cuts (2021-2025) to stimulate economic growth and business innovation, per State Taxation Administration data.
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China’s Tax Revenue to Surpass 155 Trillion Yuan by 2025, Cuts Exceed 10.5 Trillion
China’s tax revenue is projected to exceed 155 trillion yuan by 2025, with 10.5 trillion in cuts aimed at balancing growth and business support. Key insights from tax authorities.
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