Summary | One notable change in the tax bill is a reduction in
the tax rate from 35 percent to 20 percent.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 U.S.
dollars) had been saved.| People's Daily Online | China.org.cn|
CNTV | China.| Global Times | Ecns.cn | China Youth ...
en.ce.cn | 27 December 2017