Proposed Doubling of China's Tax-Free Allowance to Boost Consumer Spending at Two Sessions 2024
Monday, 4 March 2024, 13:30
China's Two Sessions 2024: Doubling Tax-Free Allowance
National People’s Congress delegate Zhang Xuewu is advocating for doubling China’s tax-free allowance to 10,000 yuan (US$1,389) per month in an effort to boost consumption.
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