The Guozigou section of the Lianyungang-Horgos expressway runs along part of a route that has been used by nomadic herdsman for thousands of years to move livestock between seasonal pastures.
The Government Work Report says larger-scale tax cuts will be implemented this year to primarily reduce the tax burdens on the manufacturing sector and micro and small enterprises. The government has already reduced taxes and fees on a large scale, including lowering the value-added tax (VAT) rate and offering favorable tax rates to micro and small enterprises and innovation-oriented companies. In fact, the tax and fee cuts last year added up to almost 1.3 trillion yuan.
The Honda Clarity plug-in hybrid runs on both battery and gasoline. (Photo: Honda)
The Harbin-Mudanjiang high-speed rail line, designed for trains running at speeds of up to 250 km per hour between Harbin and Mudanjiang, will cut the travel time to about an hour 30 minutes, down from five hours.
The HKSAR government hopes that the central government will further consolidate Hong Kong's status as an international financial, transportation and trade center and an international aviation hub, Lam said.
The GOP-led Congress this week passed a sweeping tax overhaul worth .5 trillion, one that cuts taxes for corporations, small businesses and individuals.
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The Guangzhou Science Technology and Innovation Commission and Guangzhou Financial Affairs Bureau issued policies for encouraging investment into innovation and entrepreneurial businesses and for the development of venture capital at the forum, respectively.
The GM logo is seen in Warren, Michigan, Oct 26, 2015. [Photo/VCG]
The Hong Kong SAR and ASEAN had earlier announced the conclusion of negotiations on the Free Trade Agreement and the Investment Agreement.
The Hong Kong leader also said the government will ramp up enforcement of the national security law, raise public awareness of the law, and report regularly to the central government.