A press conference on reform of fiscal and taxation system and financial work is held during the first session of the 13th National People's Congress in Beijing, capital of China, March 7, 2018. (Xinhua/Li Xin)

A press conference on reform of fiscal and taxation system and financial work is held during the first session of the 13th National People's Congress in Beijing, capital of China, March 7, 2018. (Xinhua/Shen Hong)

Chinese Finance Minister Xiao Jie (C) and vice finance ministers Shi Yaobin (2nd R) and Hu Jinglin (2nd L) take questions at a press conference on reform of fiscal and taxation system and financial work during the first session of the 13th National People's Congress in Beijing, capital of China, March 7, 2018. (Xinhua/Li Xin)