The newly announced measures such as cutting value-added tax rates, as part of a tax reduction package this year, are expected to ease enterprises' tax burden of nearly 400 billion yuan, or half of the annual tax cut plan, and the manufacturing producers would benefit the most from the reform, the official said.
The new rules could be put to the test this year in the Bihar state, which has one of the largest numbers of lawmakers linked with criminal charges.
The national poverty line is set at the per capita annual income of 2,300 yuan (0), according to the Xinhua News Agency. The provincial poverty line is higher.
The new company, J.P. Morgan Securities (China) Company Limited, is a majority-controlled securities company in China.
The newly added stores will integrate the sales of infant goods with the children's entertainment facilities, and expand into the third- and fourth-tier cities, Suning said.
The new district will be an international trading venue for energy, shipping, bulk commodities, property rights, stock equities and carbon credits. It will host the regional headquarters of international and domestic industrial conglomerates and groups, scientific research institutions and service organizations, and also be built into an international financial trade center and international education base, according to the provincial plan.
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The new list reduces the number of sectors restricted for foreign investors to 45 in all free trade zones, from 95 last year.
The network will enable the initiative to grow to scale across China and invite more volunteers in any chosen field to share their expertise and knowledge, said Carma Elliot, County Director of the British Council in China and Minister (Culture and Education) at the British Embassy, at the event.
The new lawsuit against Liu Qiangdong, the billionaire founder and CEO of Chinese e-commerce giant JD, and his company filed by a University of Minnesota student might further shake investors' confidence, and tarnish the image and reputation of the company, amid tougher competition from rivals such as Alibaba and Pinduoduo.
The new express freight service from Xi'an in Shaanxi province to Hamburg and Neuss in Germany will meet the logistics requirements for higher quality and efficiency with reasonable cost for cross-border transportation between China and Europe, and cut transit time from 17 days to between 10 and 12 days, according to a senior executive from DHL Global Forwarding.