Exchange rates

USDCNH

Delayed 06:30:03 17/07/2024 pm IST			5-day change	1st Jan Change
7.271 ^CNH	-0.22%		-0.26%	+2.12%

09:59am	Russian rouble strengthens slightly in thin trade	RE
08:14am	Gold shines as rate cuts beckon, Trump talk hits Taiwan stocks	RE

China will exempt VAT for small-scale taxpayers in 2023

January 09, 2023 at 06:16 pm IST

BEIJING (Reuters) - Taxpayers with monthly sales of less than 100,000 yuan ($14,750) will be exempted from value-added tax (VAT) in 2023, China's finance ministry said on Monday.

($1 = 6.7780 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom; Editing by Alex Richardson)

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