The executive meeting of the State Council held on March 24th decided to continue and optimize some temporary preferential tax policies to further support the development of Small and Micro Enterprises (SME) and individual entrepreneurs.

As a continuation in encouraging the healthy growth of the logistics sector, the Ministry of Finance and the State Administration of Taxation announced the following policies for land utilized by logistics firms for bulk commodities storage facilities.

In China, when a company temporarily shuts down its production and operations, how does it affect its employees' remuneration? Is the loss of work due to the stoppage deductible for Enterprise Income Tax filing? In this article, we shall briefly introduce the payment of em...