HIGHLIGHTS  

　　Finance Minister Liu Kun: Budget implementation has been generally stable since this year and efforts will be made on five fronts in the next step 

　　Finance Minister Liu Kun met with IMF Managing Director Georgieva at the Diaoyutai State Guesthouse 

　　Three ministries jointly published the Announcement on the VAT Policy for Equipment Purchased by R&D Institutions 

　　Four ministries jointly published the Announcement on Income Tax Policy Matters for Third-Party Enterprises Engaging in Pollution Prevention and Control  

　　China's tax revenue from January to July registered an increase of 14.5% year on year