China's small and micro-sized businesses enjoyed 946.1 billion yuan (131.4 billion U.S. dollars) of tax breaks from January to September, up 6.7 percent year on year, official data showed on Friday.
Such businesses are important in expanding employment, energizing the market, and improving people's livelihoods, said the State Taxation Administration.
China has synchronized taxation system reform with tax and fee cuts to ease the financial burden on businesses.
The total tax relief for small and micro-sized businesses exceeded 5 trillion yuan in the past five years, according to the administration.
China's small businesses enjoy more tax cuts in first nine months
China's small businesses enjoy more tax cuts in first nine months
Thailand's caretaker Prime Minister and Bhumjaithai Party leader Anutin Charnvirakul announced on Sunday that the Bhumjaithai Party had won Thailand's House of Representatives election.
With more than 87 percent of ballots counted by the country's Election Commission, the Bhumjaithai Party was leading the vote, followed by the People's Party and the Pheu Thai Party in third.
Speaking earlier, People's Party leader Natthaphong Ruengpanyawut said his party accepted the results so far and was prepared to serve as the opposition if Bhumjaithai succeeds in forming a government.
About 50 million eligible voters cast ballots on Sunday to elect all 500 members of the lower house. A simple majority of 251 seats is required to elect a prime minister and form a new government.
Thai caretaker PM says Bhumjaithai Party wins House of Representatives election
