China to further alleviate burdens on companies

BEIJING, Oct. 16 (Xinhua) -- The State Council, China's cabinet, on Wednesday called for enhanced efforts to further alleviate burdens on companies to increase momentum of development.

The policies of cutting tax and fees should be implemented carefully, and efforts should be made to solve difficulties for enterprises, to ensure that tax on manufacturing industry and other major industries will drop significantly, according to a statement released after a State Council executive meeting chaired by Premier Li Keqiang.