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"China's industrial profit growth remains stable, although it is easing," said Gao Ming, an analyst at China Merchants Securities. "The easing is worrisome."
"China's countermeasures do not intend to purely pursue equivalence in the same amount as the US tariff rates. The latest four-level tariff rates have much more flexibility," said Gao Lingyun, a researcher of Institute of World Economics and Policies at the Chinese Academy of Social Sciences.
"China should further streamline VAT brackets to encourage fair market competition, which in a sense reduces taxes for many enterprises," Liu said.
"Cultivating science and technology talents is an urgent need. As a corporate citizen with a strong sense of social responsibility, IBM always sees education as the most important area. Therefore, we launched the program," he said.
"Cutting fees is just as important as cutting taxes. But because there is a lot of flexibility with fees, some companies may work on finding loopholes to help them avoid paying. Yet by doing so they are also paying the cost of taking a risk," he said.
