China NDRC: Plans to cut company fees to increase economic growth

Dhwani Mehta FXStreet

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

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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