It is learned from the Provincial Price Bureau that to practically reduce the burden of enterprises, Zhejiang Province has decided to continue the suspension and reduction of several administrative fees. The annual inspection fee of enterprises, charged by administrative departments of industry and commerce, will be reduced by half from the standard charge. The fee reduction period will be one year.
It is learned that by implementing structural tax reduction policies, cancelling, suspending and reducing administrative fees, etc., the province has reduced the burden of enterprises by a total of 66.62 billion yuan last year.
