Tax cuts began in China years ago, especially since the value-added tax pilot program, which was launched in 2012. According to official data, tax revenue has been reduced by nearly 1.7 trillion yuan (7 billion) so far, as a part of the country's ongoing economic rebalancing reform.
Technicians of Edenor electricity company stand under the rain as they work to fix a generator during a blackout in Buenos Aires, Argentina, on Sunday. TOMAS F. CUESTA/ASSOCIATED PRESS
Take Facebook, for example. The Bay Area tech giant employs at least 2,000 in Seattle, which amounts to about 7.2 percent of the company’s total global workforce. Facebook made .6 billion in revenue in 2017. If each employee contributed equally to Facebook’s revenue, then the 2,000 working in Seattle were responsible for about .9 billion last year — well above the million threshold that qualifies businesses for the head tax in Seattle.
Tanya Chua [Photo provided to China Daily]
Takehiko Nakao (2nd from right), president of the Asian Development Bank, meets with the beneficiaries of the grant-financed Turpan Women's Ethnic Minority Cultural Tourism Development Project, in Turpan, a city of the Xinjiang Uygur autonomous region, on Sept 6. [Photo by Deng Jia/For China Daily]
Tai will not rest until the SAR government is paralyzed and the city's governing power is seized, the spokesperson said.
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Tang Xiao'ou, founder of SenseTime and a professor at the Chinese University of Hong Kong, said scientific planning is needed to widen the use of AI. "The technology is not an independent industry. It must be tightly associated with traditional sectors to unleash its potential and to boost efficiency.
Taiji helps construct better health and make humans more resistant to diseases, he explained.
Taking up an area of 245,000 square meters, this year's fair has attracted more than 2,000 exhibitors, according to Rong Zhiqin, vice-chairman of Shanghai Municipal Commission of Economy and Informatization.
Tan pointed out that online sales are also growing rapidly in the world's largest e-commerce market. The company's official online store saw sales up 77 percent during the 6.18 e-commerce shopping festival.