The new policy follows a raising of the threshold of personal income tax from 3,500 yuan (4) to 5,000 yuan per month. The tax reform will significantly help reduce the tax burden on low-and middle-income groups, and raise people's disposable income and promote domestic consumption, said experts.
The new changes also safeguard the safety and rights of Chinese nationals and enterprises abroad. In 2019, the ministry and Chinese embassies and consulates abroad cumulatively handled around 79,000 consular protection cases and nearly 10 million consular documents.
The navy located the submarine at a depth of more than 800 meters, the navy tweeted, confirming the vessel had imploded, which experts said was likely linked to a battery problem.
The new IP court is also expected to further explore judicial reforms, according to the draft decision.
The new regulations, Chang points out, may not necessarily change Franklin Templeton's business strategies for the Chinese mainland, where the fund manager currently provides coverage from offices in Beijing and Shanghai.
The new rules, which are expected to be published in the Federal Register this week and take effect 30 days after that, were the results of the Interior Department's July 2018 proposal aimed at "improving" the 1973 act, which protects more than 1,600 species in the US and its territories.
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The new eruptions brought to 14 the number of vents that have opened since Kilauea started spraying fountains of lava as high as 300 feet (90 meters) into the air.
The new board also lowers the threshold for listings in the capital market, providing a much-needed channel for emerging companies to raise capital more efficiently. For years, many Chinese companies, especially startups, have been listed abroad. Now it is time to lure them back.
The news came as the Colombian government announced last week that the consortium formed by CHEC, China Railway Rolling Stock Corp, Xi'an Metro and Bombardier Inc won the bid for the Bogota Metro Line 1 franchise project in Colombia with a contract value worth .02 billion.
The national boxing team has been dismissed and a new team will be set up based on a revised selection procedure after the investigation is completed, said the center.