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In 2017, the tax burden on businesses will be further eased by around 350 billion yuan ($51billion), and business-related fees will be further cut by around 200 billion yuan ($29.2 billion). The 550-billion-yuan drop in tax will significantly relieve the pressure on Chinese enterprises.
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The minister vowed that China will work with ASEAN to pursue greater mutual benefit, intensify cooperation on connectivity and production capacity, make sure both peoples benefit from the upgrade of the China-ASEAN Free Trade Area （CAFTA) as soon as possible, and wrap up the Regional Comprehensive E
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The rosy relationship has boosted Chinese tourist arrivals to the Philippines. Last year, over 675,700 Chinese tourists visited the Philippines, up 37.7 percent, data from the Philippine Department of Tourism said. In 2016, China replaced Japan to be the third largest source of the Philippines’ fore
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In response to the wave of populism that is sweeping through the West, more and more countries in the Western world are adopting an explosive strategy of isolation and protectionism. Last year, Britain decided to exit from the European Union, essentially undoing about four decades of treaties and ag
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The fast growth of online payment, especially mobile payment, is also an important booster. Data from the China Internet Network Information Center shows that in 2016, China's mobile phone subscribers making payments online reached 469 million, growing 31.2 percent compared with the previous year.
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The Malawian authorities must step up action to protect people with albinism who are being targeted for ritual murders, Amnesty International said today, following another attack in the country’s capital Lilongwe. Last night four men attempted to drill through the wall of the home of Gilbert Daire, former president
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From January to October 2016, Shanghai Administration for Industry & Commerce processed 158,100 cases of customer complaint, a 17.6 percent year-on-year growth. Among them, 7,2400 cases involve online shopping, showing a 58.1 percent year-on-year increase and 1,1100 cases concern the quality of
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The public in Hanoi are counting the days before the railway operates. “I only saw a metro rail on TV before. When the route opens, I will be the first group of passengers to experience the convenient and green transportation,” Bui Hai Nam, who lives around the La Khe Station, told the People’s Dail
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China and Africa are a close-knit community with a shared future, China's Foreign Minister Wang Yi said on March 8, promising that no matter how the international situation or the world economy may evolve, there will be no weakening in China's support for Africa.
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China is willing to see an improved relationship between Russia and the U.S., Wang pointed out. The trilateral relationship is not a "seesaw" game, and the three countries should seek for win-win cooperation rather than confrontation and zero-sum games, he added.
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From the beginning, the draft has drawn strong response from the society. Its release will better improve the basic rules of the socialist market economy and provide the legal base for Chinese people’s civil rights and civil case ruling.
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China believes in the equality of all countries, large and small, and doesn't believe some countries should "lead" other countries, the minister said, but pointed out at the same time that large countries have more resources and capability, so they should shoulder more responsibilities and make a gr