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China will further bolster its small and micro businesses with more financial measures to increase vitality of the economy http://www.coltsrookiestore.com/Colts-Jeremy-Vujnovich-Jersey/ , according to a decision made at a State Council executive meeting chaired by Premier Li Keqiang on Wednesday.


In order to boost policy support and encourage financial institutions to step up financial services, credit ceiling of VAT exemption for interest derived from bank lendings to small and micro businesses, farmers and self-employed will be expanded from 100,000 yuan to 1 million yuan between Dec. 1, 2017 and Dec. 31, 2019.