China's tax, fee cuts total 244 billion yuan in January-April


China's tax watchdog said Friday that the country's tax and fee cuts totaled 244 billion yuan (about 36.4 billion U.S. dollars) during the first four months of the year.

Among the tax and fee cuts, preferential value-added tax policies have helped small-scale taxpayers save 33.5 billion yuan, Rong Hailou, an official...