China will intensify tax and fee cuts with targeted measures in 2022 to bring benefits for market entities and bolster economic growth, according to the Finance Ministry on Tuesday.

"China will see a larger scale of tax and fee cuts this year," minister of finance Liu Kun said at a news conference, as the country cut about 1.

1 trillion yuan in taxes and fees last year.

财政部部长刘昆在2月22日举行的新闻发布会上表示，在2021年1.

1万亿元基础上，2022年将实施更大规模减税降费，精准发力，使市场主体有更多获得感，助力经济增长。

The intensity of fiscal spending will be kept at a proper level with priorities built around technological breakthroughs, environmental protection, basic livelihoods, key regional strategies, modern agriculture and key projects under the country's 14th Five-Year Plan (2021-25), Liu said.

刘昆表示，保持适当支出强度，重点支持科技攻关、生态环保、基本民生、区域重大战略、现代农业和国家十四五”规划重大项目。

【2022年将实施更大规模减税降费查看网站：[db:时间]】