To fix the problem, employment authorities have allowed employers to bypass the age limit to buy collective injury insurance for older migrants. However, despite the policy, many remain uninsured because they tend to relinquish certain employment benefits to offset the disadvantages caused by their age in the job market.
To ease the burden, the central government launched a reform in 2012 aimed at phasing out corporate tax and introducing VAT at each stage of the production chain. The pilot was gradually expanded, and the collection of corporate tax was scrapped in May last year.
To embrace new industrial opportunities, Chen pointed out the area will leverage new infrastructure to promote deeper digital transformation and high-quality economic development.
Tit-for-tat measures affect daily lives as Abe-Lee talks fail to bridge differences
To accommodate the increasing number of Chinese visitors, the museum will start providing maps in Chinese in a couple of weeks and audio tours in Chinese by the end of the year.
To further address difficulties in work resumption, the PBOC will give priority to small and micro firms which have less resistance against the epidemic fallout, it said.
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To date, the number of overseas banks in Shanghai has reached 21, accounting for more than half of the overseas banks across China. A total of 228 banking institutions from 30 countries and regions have settled in Shanghai, compared with 52 foreign banking institutions at the end of 2001.
To conclude a two-part series, China Daily reporters look back at their favorite stories of 2017.
To date, Aviva has been investing more than 100 million pounds (3.7 million) in insurance digitalization and related research on a yearly basis.
To ensure that housebound residents have what they need and still have the means to earn a living, Fabic commissioned local seamstresses to sew face masks and personal protective equipment.