In April, a refund half from the central government and the other from the provincial government has been received by 37.3 thousand taxpayers, totaling 40.44 billion yuan, said a source from the Department of Finance of Henan Province. The tax refund policy has further boosted the confidence of the market entities across Henan.
Small and micro enterprises, the main beneficiaries, account for 95 percent of the 37.3 thousand taxpayers, and have received 23.29 billion yuan (or 57.6 percent) of the total. (Chinese source: Henan Daily Reporter: Zeng Ming and Hu Shutong Translator: Zhao Hanqing Proofreader: Ding Lan)
