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New tax breaks set to boost consumption

By China Daily -

The recent move to include care expenses for children under the age of 3 as part of the special additional deductions for individual income tax is expected to reduce the financial burden on families, increase their consumption capacity, and is conducive to the long-term improvement of the nation's overall demographic structure, experts say.

China implements differentiated epidemic control measures in factories to keep production stable

By Xinhua -

A staff member works at a workshop of TBEA Co., Ltd. Shenyang company in Shenyang, northeast China's Liaoning Province, March 27, 2022. China has implemented differentiated epidemic control measures in factories to keep production stable in workshops of key enterprises and construction of major projects across the country.

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