Summary | China revises regulation on value added tax -
Business - Chinadaily.The revisions took effect Friday.It was
piloted in Shanghai in 2012 and expanded nationwide in May
2016.By the end of September, more than 1 trillion yuan ( $150
billion) had been saved.The State Council also announced the
abolishment of the regulation on business tax Friday.Without ...
chinadaily.com.cn | 02 December 2017