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International Law

: China Briefing Blog

China Offers More Help for SMEs

By China Briefing

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Sept. 23 – China’s State Council is offering more assistance to struggling small and medium enterprises (SMEs) by cutting taxes and expanding financing services. Shanghai Daily reports that for 2010, corporate income tax rate will be cut from 25 percent to 20 percent for small businesses with annual taxable incomes of less than RMB30,000. Small companies [...]

Full post as published by China Briefing Blog on September 23, 2009 (boomark / email).

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