The new company will be involved in maritime nuclear power research, development, building, operation and management, as well as power sales and seawater desalination.
The new regulation will help promote the liberalization and facilitation of cross-border trade and investment and better serve the country's real economy. [Photo/IC]
The new center will bring together some 30 scientists, including around 10 from abroad, whose work will be shared with the academic world and the scientific community, said Huawei in a press release.
The national landmark has received thousands of visitors from China and overseas since it opened in 1968. Leaders from more than 70 countries and over 600 delegations from 150 nations have visited it.
The new measures will be put in place in cities such as Yichang of Hubei province and Shengzhou of Zhejiang province from July to the end of the year, and Hulun Buir of Inner Mongolia between June 10 and Sept 30.
The new tax, with all revenue going to local governments, will replace the current pollutant discharge fees, for which the central government takes a 10 percent share of the amount collected from enterprises.
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The new model-integrating investment, construction, operation and fund management-was jointly launched last year by China State Construction Engineering Corporation Ltd (CSCEC) and China Xiongan Construction and Investment Group Co Ltd to build the Citizen Service Center in North China's Hebei province.
The new scheme resulted in bumper grain production and the initiative was soon rolled out across the country.
The new rules came after China's financial reforms in September to abolish the investment quota limits for QFII and RQFII to boost financial opening-up.
The new president also used his speech to make it clear what his first policies would be, beginning with austerity.