vironment are also rising and there remain downward pressures on the domestic

economy, Li called for both attention and confidence from the entrepreneurs.

Related departments should follow the guidance of Xi Jinping Though

t on Socialism with Chinese Characteristics for a New Era, invigorate the market thr

ough deepening reform and opening-up and ensure the stable growth of the economy, Li said.

He said that tax reduction is the key to improving the business enviro

nment and invigorating the market, which will not only stabilize growth and employment bu

t also encourage companies to invest more in innovation for long-term development.

Tax reduction is a comprehensive policy that requires governmen

t departments to enhance coordination as they implement various policies, Li said.

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