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China sees rise in knowledge-intensive services trade

China saw increased trade in knowledge-intensive services during the first seven months of this year, although its total services trade declined amid the COVID-19 epide

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China's tax, fee cuts total over 742 bln yuan in Q1

China's top tax watchdog said Wednesday that the country's tax and fee cuts totaled 742.8 billion yuan (about 105 billion U.S. dollars) in the first quarter of the year