On May 26th, CCTV's "News Network" reported that "Li Keqiang emphasized on the implementation of tax reduction and fee reduction during the visit to Shandong, perfecting financial services and promoting the vigorous development of enterprises".
At Weichai Group, he asked in detail about the actual amount of corporate tax credits. Tan Xuguang, chairman of Weichai Group, reported the development of the company to the Premier. Weichai has obtained obvious benefits from various tax reduction and fee reduction policies, and has more funds for expanding production, strengthening R&D and staff training.
On May 24, Li Keqiang came to Weichai Group to learn about corporate tax reductions, R&D and production status. (cr: Liu Weibing, Xinhua News Agency)
Li Keqiang said that under the strong leadership of the CCP Central Committee with Xi Jinping as the core figure, the Chinese economy has maintained a stable operation. The current response to the complex situation and the new downward pressure, tax cuts and fee reductions are key measures, and can enhance development in the long run. The stamina and the cultivation of tax sources must ensure that they are put in place and continue to exert policy effects. He carefully listened to the status of product innovation, communicated with Chinese and foreign R&D personnel, and connected with the company's overseas R&D center online to encourage Weichai to carry out international innovation cooperation, so that Weichai Power and the power of Chinese equipment will continue to prosper.
Li Keqiang also told the Weichai employees practice the spirit of craftsmanship, work hard together to build quality, brand and reputation that all world-oriented, competitive, and standing, and enhance the level of Chinese manufacturing.