2019 China Reduce VAT from 16% to 13%

Chinese government 2019 very important two sessions (the National People’s CongressNPC) (the Chinese People’s Political Consultative ConferenceCPPCC) are being held now in Beijing. Prime Minister Li Keqiang announce China will reduce VAT from 16% to 13% in 2019. (Notice: in year 2018, VAT was reduced from 17% to 16%).