The province, which has increased its annual offshore duty-free shopping quota from 30,000 yuan (,542) to 100,000 yuan per person since July, has seen the daily sales volume from its duty-free shops reach 100 million yuan this year, he said.
The recently opened 2.8-kilometer-long riverside stretch in Yangpu is a reminder that the past has not been forgotten despite modernization. Industrial buildings located within a 262,000-square-meter area within this riverside stretch have been preserved and opened to the public for sightseeing. Modern elements such as flower beds and outdoor seats have been added to the area too.
The province has a solid industrial foundation and abundant logistics resources, said Li Jianhong, chairman of the China Merchants Group. CMG will give full play to the group's global port and shipping resources and network advantages, Li said.
The recipients include the Inner Mongolia autonomous region, and the provinces of Jiangsu, Anhui, Fujian, Jiangxi and Shandong.
The reason was, according to Xiao, the country's economic aggregate last year totaled up to 80 trillion yuan, growing 6.9 percent year-on-year. "The increase of economic vitality and improvement of corporate performances are fundamental to the growth of fiscal income," he said. "Meanwhile, Producer Price Index, or PPI, increased rapidly, bringing direct positive impact on the growth of tax income. Newly developed tax sources, as well as surging demands from home and abroad, also contributed to the increase on tax revenue.
The rapid popularization of ETC also lays a solid foundation for removing all expressway toll booths at provincial borders by the end of the year, said the ministry.
南通治疗早泄医院便宜
The reform was first piloted in Shanghai in 2012. It was expanded nationwide in May 2016. China's VAT rate structure was further cut from four to three tiers (6 percent, 11 percent and 17 percent) last month, with tax rates for farm produce, tap water and books reduced to 11 percent from 13 percent.
The railway linking Wuhan, capital of Hubei, with Shiyan, a city in the northwestern region of the province, has designed maximum speeds of 250 kph and 350 kph in its two sections, according to China Railway Wuhan Group.
The provincial discipline inspection and supervisory committee announced the decision on Thursday.
The range was last widened in March 2014 from 1 percent, and before that doubled from 0.5 percent in April 2012.