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Tech companies with more than 0 billion in worldwide revenue — in short, Microsoft and Amazon — would see their business taxes increase by a whopping 67 percent.

Tang said domestically produced soybeans are mainly used to produce food products. Total production rose by 8.3 percent year-on-year to 19.6 million tons in 2020.

Tang Jinhuai, deputy general manager of Tencent's security management department, said the tech company will further expand cooperation with the police to fight online fraud.

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Taking into account local conditions, China's private-sector investments abroad have matured to bring more mutual benefits to investment destination countries and China, he said.

Team: Leadership experience at Expedia, Zillow, and Microsoft. Based in Seattle, Wash.

Tang Ping-keung, deputy commissioner of police, said at a press briefing on Monday that during the series of protests, radical protesters acted lawlessly and escalated the level of violence. They have spread the violent acts across Hong Kong, causing serious inconvenience towards the general public's daily life and posing threats to people's safety.

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Tax exemptions may be granted on certain land and houses such as those used by government organs and social organizations.

Technicians demonstrate an intelligent assistor at the ongoing Second World Intelligence Congress in Tianjin. [Photo by Jia Chenglong/For China Daily]

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Tan said sales revenue is expected to reach 0 billion by 2025 after merging with China National Heavy Duty Truck Group, also known as Sinotruk, an SOE headquartered in Jinan, capital of Shandong province. Incidentally, Tan, 58, was appointed chairman of Sinotruck in September 2018.

Taking its own path, China has made a historic leap from standing-up to becoming better-off to getting stronger. Chinese leaders say the Chinese people today are closer, more confident and more able to achieve national rejuvenation than ever before.