The tax rate on No 2 taxable items, including some sporting goods, textiles, electronic appliances and bicycles, will be lowered to 20 percent from the previous 25 percent, it said.
The survey was conducted amid a climate of rising trade tensions between the United States and China, said Depoux, adding that it is interesting to note that European companies are fairly committed to the Chinese market, both as an industrial base and increasingly as an outlet market.
The sub-indices for both logistics new orders and business expectation edged down last month, indicating slowing growth momentum for the sector.
The tax saved is only part of a big picture. According to Xiao, the technological upgrading also helped cut the cost of the company's natural gas consumption from 800,000 yuan to 500,000 yuan per month, and their water cost was reduced by half.
The surveyed unemployment rate for 2017 has been the lowest in recent years, and household income, as well as fiscal income, has increased steadily over the past year, while the bond and stock markets as well as the real estate market remained stable, Li said. He added this is because China has been consistent with its supply-side structural reform and is not using a strong stimulus to boost growth.
The surveyed urban unemployment rate nationwide stood at 5.1 percent last month, 0.1 percentage points lower than September.
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The survey found that Chinese holidaymakers, who haven't visited Scotland before, rely on very traditional images when thinking of Scotland: bagpipes, kilts, whisky, and castles. While previous visitors also associate Scotland with images of wildlife, nature, escapism, spirit of freedom and friendly local people
The study estimates that there are now 14 million Google Home units in U.S. homes. That’s still less than half of Amazon’s estimated U.S. installed base of 31 million Echo devices, according to the firm. However, Google has been surging, with 40 percent of units sold in the U.S. during the holiday quarter, its best result yet.
The survey also found that 48.5 percent of the respondents said they had become more rational consumers amid the epidemic, while 42.1 percent started paying more attention to saving.
The study, published on Tuesday in the journal Nature Communications, described the sensor that can detect hydrogen peroxide inside human cells.