The Cabinet said in a statement after an executive meeting that it had adopted a temporary decision to exempt those whose aggregate annual income is no higher than 120,000 yuan (,000) within a period of two years from the obligation to declare the settlement and payment of individual income taxes.
The Central Economic Work Conference, which concluded on Dec 21, pledged support to private businesses and enterprises with law-based environment and ensured personal and property safety for private entrepreneurs.
The China-Europe freight train service, which was launched in Yiwu in 2014, has provided a new channel for the transportation of international mail amid the COVID-19 pandemic. More and more cross-border e-commerce enterprises in Yiwu and the surrounding cities in Zhejiang province prefer to transport medical supplies and daily necessities via freight trains, accounting for 68.6 percent of the total.
The China Automobile Dealers Association also submitted reports to the China Banking and Insurance Regulatory Commission, the Ministry of Commerce and related authorities, hoping they offer industry-specific policy support to combat the challenges brought by the outbreak, including simplifying review and approval procedures on debt extension, increasing credit limits, accelerating lending efficiency and lowering the cost of financing.
The ChiNext's first batch of registration-based IPOs may debut by the end of July, after the Shenzhen bourse starts to review listing applications under the new system from next month, according to Wang.
The Chinese have long prized gold jewelry not only for its value but also for what it symbolizes. Its yellow color is associated with prestige, and gifts of gold jewelry are considered auspicious.
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The Chaoyang district authorities rolled out policies in May to upgrade consumption in the area and develop a 24-hour convenience store, in order to add to the city's consumption growth.
The Chinese government has pledged to adhere to the principle of "housing is for living in, not for speculation" and facilitate the development of a long-term management mechanism for the real estate market.
The China-proposed Belt and Road Initiative is not an empty slogan but a successful practice and a brilliant reality, President Xi Jinping said during a visit to the Port of Piraeus in Greece on Monday.
The China Biodiversity Conservation and Green Development Foundation, an NGO that focuses on animal protection and ecological conservation, said it is necessary to prohibit the aquarium from privately purchasing harbor seals.