Off the wire
• Spanish police detain band of 59 thieves  • 2nd LD: Algerian ruling parties FLN, RND maintain majority in new parliament  • Kenya to bow out on high in Paris, London legs of rugby Sevens World Series  • Weather forecast for major Chinese cities, regions -- May 5  • Palace Museum to open new branch  • Weather forecast for world cities -- May 5  • Singapore celebrates Golden Jubilee of navy  • FLASH: HELICOPTER CRASHES IN BUCKINGHAMSHIRE IN BRITAIN, INJURING AT LEAST ONE: SKY NEWS  • 6 killed, 13 injured in road accident in southern India  • 1st LD Writethru: India launches South Asia satellite  
You are here: 　 Home

China to standardize business charges

Xinhua, May 5, 2017 Adjust font size:

China will standardize business charges to clarify and lower business costs, China's top economic planner said Friday in an online statement.

Improper service charges on companies will be canceled while those which are unreasonably high will be lowered, according to a statement released by the National Development and Reform Commission.

Specifically, brokerage businesses should not take advantage of government influence to make charges. Industry associations should not make mandatory charges.

By the end of August, China's central authorities will conduct random checks on business charges, the statement said.

China has made significant progress cutting administrative charges and reducing the corporate burden. Since 2013, central and local authorities have eliminated more than 1,000 administrative fees. Endi