China looks to expand tax reform

China will expand its value-added tax reform to more industries including telecommunications, railways and construction and make it nationwide, Vice Premier Li Keqiang was quoted as saying by the official Xinhua news agency.

Li, widely regarded as China’s premier-in-waiting, made the remarks at a recent conference, Xinhua said.

via Business feed http://www.scmp.com/business/money/market-snapshot/article/1067049/china-looks-expand-tax-reform