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Promoting mass innovation

Updated: Aug 24,2016 7:54 AM     China Daily

The State Council, China’s Cabinet, issued a document on Aug 22 on tax cuts, claiming that China has cut taxes by about 500 billion yuan ($75 billion) a year to reduce the tax burden of enterprises, a step that is seen by economists as an effective way to encourage more people to open their businesses. [Photo/China Daily]

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