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Chinas VAT system takes significant steps... KPMG China

By way of context, in early March 2019, the Chinese government announced a reduction in its headline VAT rate from 16% to 13%, together with a reduction of its 10% VAT rate to 9%. Premier Li Keqiang recently confirmed that those rate reductions would take effect from 1 April 2019.

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s Republic of China on Value Added Taxquot; ， which put into effect on January 1, 1994 and is ...

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Mineral Resources of China China Geological Survey

More than 20 kinds of mineral resources account for 50 percent or more of their respective total reserves. The central region is the major base for Chinas fundamental industries such as energy and raw materials. The regions output of raw coal and crude oil accounts for more than 50 percent of the national total respectively.

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