Citing China's Finance Minister Liu Kun, the 21st Century Herald reported on Monday, the country “will intensify efforts to implement a strong fiscal policy and efficient taxation system this year to stabilize the economy.”
Liu said, “the global economic situation was not optimistic, and China's economy faces challenges.“
“Support for small and medium-sized enterprises, self-employed businesses, and disadvantaged industries will be a key focus this year,” he added.
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