• 11/25/2024

China’s ‘two sessions’ 2024: doubling tax-free allowance will ‘dare people to spend’, delegate say

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

National People’s Congress delegate Zhang Xuewu says he will put forward a proposal to double China’s tax-free allowance to 10,000 yuan (US$1,389) per month amid efforts to boost consumption.

https://www.scmp.com/economy/china-economy/article/3254117/chinas-two-sessions-2024-doubling-tax-free-allowance-will-dare-people-spend-delegate-say?utm_source=rss_feed