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          Li Keqiang: Let Weichai Power, the Power of Chinese Equipment Industry, Rush

          2019.05.25

          From May 24 to 25, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, accompanied by Liu Jiayi, secretary of the Shandong Provincial Party Committee, and Gong Zheng, Governor of Shandong Province, visited Weifang and Jinan of Shandong Province. Li Keqiang was very concerned about the benefits of manufacturing enterprises in the larger tax cuts and fee reductions this year. At Weichai Group, he asked in detail about the actual amount of corporate tax credits. Tan Xuguang, chairman of Weichai Group, reported the development of the company to the Premier. Weichai has obtained obvious benefits from various tax reduction and fee reduction policies, and has more funds for expanding production, strengthening R&D and staff training.

          Li Keqiang said that under the strong leadership of the CCP Central Committee with Xi Jinping as the core figure, the Chinese economy has maintained a stable operation. The current response to the complex situation and the new downward pressure, tax cuts and fee reductions are key measures, and can enhance development in the long run. The stamina and the cultivation of tax sources must ensure that they are put in place and continue to exert policy effects. He carefully listened to the status of product innovation, communicated with Chinese and foreign R&D personnel, and connected with the company's overseas R&D center online to encourage Weichai to carry out international innovation cooperation, so that Weichai Power and the power of Chinese equipment will continue to prosper. Li Keqiang also told the Weichai employees practice the spirit of craftsmanship, work hard together to build quality, brand and reputation that all world-oriented, competitive, and standing, and enhance the level of Chinese manufacturing.  

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