State-owned financial institutions bought six A-share stocks in the fourth quarter last year, followed by large private fund management companies, data of Qiantougu showed.
State Councilor and Foreign Minister Wang Yi and Solomon Islands' Minister of Foreign Affairs and External Trade Jeremiah Manele sign a joint communique on the establishment of diplomatic relations after their talks in Beijing, Sept 21, 2019. Wang Jing / China Daily
Stating from June 1 this year to the end of 2025, earnings of those industries will be exempted from the value-added tax, and enjoy a 10-percent deduction in taxable income.
Stephan Howeg, chief marketing and communications officer of Adecco, said the company received strong support from the local government when expanding in the Chinese market, as human resources is a pillar of the Belt and Road Initiative.
Starting Sunday, businesses exporting products verified or registered overseas, including COVID-19 testing kits, medical face masks, medical protective suits, ventilators and infrared thermometers, should provide an export declaration of medical supplies to customs authorities, which will then clear the products in accordance to the business lists.
States that have legalized recreational marijuana are looking for it to produce tax revenues and jobs. In Massachusetts, the state legislature expects tax revenues to reach million annually. Combined sales medical and recreational marijuana in Colorado, the first state to legalize recreational use of marijuana in 2012, exceeded billion as of August 2018, with tax revenue from those sales 0 million, according to the state.
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Starting Jan 1, the country eliminated all 487 physical expressway tollbooths on provincial borders and put the nonstop electronic toll collection system into operation on its 140,000-kilometer highway network, Wu said.
Steel consumption by the automobile sector is expected to fall by 0.9 percent to 53 million tons this year, but grow by 1.9 percent next year to 54 million tons.
State Grid Corp of China has already established a subsidiary to facilitate grid-planning.
State Councilor and Foreign Minister Wang Yi made the remark in a meeting with Maria Fernanda Espinosa Garces, the newly elected president of the UN General Assembly, at the Diaoyutai State Guesthouse in Beijing on Monday.