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Cutting taxes, fees benefits real economy

According to data from the Ministry of Finance, China’s general public budget revenue in 2016 grew 4.5 percent, which was 1.3 percent lower than in 2015 and the lowest growth rate since 1988.

Taiwan labor ministry explains newly passed Labor Standards Act amendment

Ministry of Labor (MOL) on Wednesday explained the newly passed amendment to the Labor Standards Act, including weekly days off, overtime payment and annual leave.