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China to cut costs for foreign trade firms

The Premier called for a higher level of trading convenience, and further reductions of costs for import and export enterprises.

Foreign enterprises will get all licenses

There will be qualified foreign enterprises that get all licenses and shares for business operation after three years.

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ABOUT THE PREMIER

Li Keqiang was endorsed as Chinese premier at the first session of the 13th National People’s Congress in Beijing on March 18, 2018.

We will implement a larger tax cut and more fee reductions, including a significant reduction in social insurance premium rates, and reduce the burden on enterprises.

Holding talks with Summer Davos representatives in Tianjin on Sept 20

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