China has announced that tax exemptions will be extended by an additional four years to further improve finance services for small business.

中国宣布将税收优惠政策再延长四年，进一步改善对小型企业的金融服务。

With higher interest rates and better user experience, Internet finance services like Yuebao are now undercutting the business of China's traditional banks.

因为有着更高的利率及更好的用户体验, 像是余额宝等的网络金融服务正在削弱中国传统的银行业务。