Reforms to boost nation's market fairness

China will accelerate reforms to encourage fair competition in the market, spur the vitality of smaller companies and offer private business owners greater tax incentives to give back to society, which is crucial for the country to achieve the goal of common prosperity, experts said.

Guizhou launches five-year development plan for SMEs

The Guizhou industry and information technology department recently released a development plan for small and middle-sized companies, or SMEs, during the 14th Five-Year Plan (2021-25) period.

Guizhou drafts fresh plans for services sector development

New plans are for Southwest China's Guizhou province to extend it supply-side structural reform and innovation of systems and institutional mechanisms – making the services industry a booster to overall economic growth.

Guizhou plans to cultivate major industrial enterprises

Southwest China's Guizhou province recently released an implementation blueprint for developing more major industrial enterprises in the region from 2021 to 2025.

Tax cuts continue support in 2021

In 2021, China is ramping up efforts to cut taxes and support the real economy. Preferential policies released in the first half will be extended to the end of the year.

Guizhou protects and applies intellectual property

In recent years, Southwest China's Guizhou province has adhered to a strategy of enhancing the province's high-quality development through intellectual property (IP) protection and application.

China to expand cross-border e-commerce, overseas warehouses