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Studio interview: Creating a good business environment

10-22-2012 09:26 BJT

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Vice-Premier Li Keqiang presided over a meeting on tax reform on Thursday. The meeting mainly focused on the move to change business tax to a value-added tax. He emphasized the importance of upgrading the country’s industrial structure, supporting small and medium-sized enterprises development, and reducing the tax burden for small businesses.Full story >>

For more insight, we're joined by Professor Liu Baocheng from the University of International Business and Economics.

Q1: How exactly will this tax reform benefit small and medium-sized enterprises?

Q2: The pilot program will expand to more cities and provinces by the end of this year. But what about some of the obstacles in the way?

 

 

Editor:Zhang Rui |Source: CCTV.com

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