This renouncement by the Chinese Government will definitely boost Jat sales along nicely .
Quote
However, it has also announced a big stimulus plan with a cut of 3% to the top bracket of value added tax (VAT), which will boost the manufacturing sector.It has also made a 1% cut to the 10% VAT bracket.Analysts have estimated the VAT cuts are equal to around $170 billion, which is a serious amount of money even in a country as large as China and there will be further reductions in the tax burdens for major industries, including lower tax and welfare fees.
Stimulus for Wechat sale
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Open | High | Low | Value | Volume |
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17 | 2403917 | 0.055 |
3 | 190000 | 0.054 |
2 | 220000 | 0.053 |
1 | 50000 | 0.052 |
Price($) | Vol. | No. |
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0.057 | 95645 | 1 |
0.058 | 109100 | 2 |
0.059 | 626122 | 3 |
0.060 | 600000 | 3 |
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