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A State Council executive meeting chaired by Premier Li Keqiang on Wednesday decided to take new actions to cut fees paid by enterprises, and required to meet the promises to slash corporate cost by one trillion yuan (nearly 147 billion US dollars) this year.
AStateCouncilexecutivemeetingchairedbyPremierLiKeqiangonWednesdaydecidedtotakenewactionstocutfeespaidbyenterprises,andrequiredtomeetthepromisestoslashcorporatec
China Mobile Communications Corp, the country's largest telecom operator, said it will scrap domestic roaming charges by the end of this year, a fee that is considered as a key source of revenue for telecom carriers, as the company focuses on more lucrative 4G services.
The problem of some kindergartens charging excessively high application fees has prompted an official investigation by the Ombudsman after the Education Bureau gave around 40 schools the green light for such charges last year.
Hangzhou, in eastern China's Zhejiang province, is planning to eliminate taxi franchise fees paid to the government as it seeks to break an oligopoly on the industry.
Despite some assaults by colleagues, cabbies are urged to continue carrying passengers.
China, the world' s leading coal producer and consumer, is to levy resource tax on coal on the basis of sales instead of production from Dec. 1, in a move to shore up the dim industry and improve the deteriorating environment.
Many Chinese state-owned enterprises(SOEs) that were under fire last year for exorbitant "reception" fees hid the item in their latest financial results, renewing public concerns over their sincerity to cut extravagance.
New Zealand's registered banks are being targeted in what is set to be the country's biggest ever class action lawsuit as three law firms attempt to reclaim " excessive" bank default fees for bank customers.
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