China NDRC: Plans to cut company fees to increase economic growth
|China's National Development and Reform Commission (NDRC), the country’s state planner, came out with a statement to implement certain measures in order to step up economic growth.
Key Headlines via Reuters:
Companies are more sensitive about Govt fees amid "relatively big" economic downward pressures
The NDRC conducted an investigation after receiving a complaint from Hangzhou Wahaha Group on 533 types of fees it paid to Govt since 2013
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