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China to further streamline administration for more vibrant market

BEIJING, March 31 (Xinhua) -- China will take a slew of measures to deepen its reforms seeking to streamline administration and delegate power, improve regulation, and upgrade services, according to a State Council executive meeting.

These measures aim to spur the vitality of market entities and enhance their development potential, said the meeting chaired by Premier Li Keqiang on Wednesday.

The meeting also decided to optimize preferential tax policies that support small and micro enterprises as well as individual businesses.

[ Editor: WXL ]