About 730 million farmers will
benefit from tax cuts totaling more than 20 billion yuan (US$2.4
billion) this year as 26 of China's 31 provinces, municipalities
and autonomous regions will terminate all agricultural taxes,
according to Vice Minister of Agriculture Fan Xiaojian.
Fan, speaking at a working
conference held Friday and Saturday in east China's Shandong
Province, attributed the achievement to support policies issued by
the Communist Party of China (CPC) Central Committee and the State
Council at beginning of this year.
Only Hebei, Shandong, Yunnan and
Gansu provinces and Guangxi Zhuang Autonomous Region will continue
to charge agricultural taxes, although they will reduce the amount
by two percentage points this year. These regions will reduce taxes
by two percentage points in 2005.
China's goal is to abolish all
farming taxes within five years.
(Xinhua News Agency February 28,