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Shenzhen to launch 400-billion-yuan plan to boost private economy

The Shenzhen municipal government has put forward a massive 400 billion-yuan plan, aiming to better support the development of the private economy, Southern Metropolis Daily reported. First, Shenzhen pledged to reduce the cost and tax burden of local enterprises by more than 100 billion yuan. For example, enterprises with social contributions for employee medical insurance […]

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