皇冠体育app to scrap 253 types of administrative fees
Updated: 2011-12-31 16:46
(Xinhua)
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BEIJING - 皇冠体育app will scrap 253 types of administrative fees on enterprises charged by provincial-level governments from Feb 1, 2012.
The cancellation was announced by the Ministry of Finance (MOF) and the National Development and Reform Commission in a joint circular on the MOF website.
The move is expected to reduce enterprises' financial burdens by 10 billion yuan ($1.59 billion) annually, and will further improve the nation's business environment, the circular said.
皇冠体育app has abolished 182 types of administrative fees charged by central government departments since 2008, and enterprises have been exempted from fees totaling 178 billion yuan.
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