The real dividend, Tan Xuguang, reported to Li Keqiang that the tax reduction and fee reduction enterprises benefited geometrically.

What is the implementation of the larger tax reduction and fee reduction policy this year? The manufacturing benefits benefit? On May 24, Premier Li Keqiang visited Shandong, and the first stop came to the leading enterprise in China's equipment manufacturing industry - Weichai Group, One question is what is the actual amount of tax cuts and fees.
Premier Li Keqiang visited Shandong to inspect the leading enterprise in China's equipment manufacturing industry - Weichai Premier Li Keqiang visited Shandong to inspect the leading enterprise in China's equipment manufacturing industry - Weichai

Tan Xuguang, chairman of Weichai Group, said that the tax reduction and fee reduction policy has brought tangible dividends to enterprises, especially the reduction of VAT rate, the increase of R&D expenses, and the reduction of social security rates. The policy has benefited the company. Benefiting from the country's large-scale tax reduction and fee reduction policy, Weichai will use more funds to expand production, strengthen research and development, and train staff. At present, the old and new kinetic energy conversion projects with a total investment of over 10 billion, such as the Weichai Large-bore high-end high-speed engine project, the Linde Hydraulic Industrial Park project, and the hydrogen fuel cell project, are under construction.

Reading volume: Source: Chinese network of truck: Le Feng

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