One outcome of the meeting states the tax incentive enjoyed by venture capital firms and angel investors that allows 70 percent of their investment to be deducted from the taxable income of the seed and early stage high-tech startups they finance will be extended nationwide. The policy has been piloted in the country's eight innovation and reform experimental zones, including the Beijing-Tianjin-Hebei area, Shanghai and Guangdong, as well as in the Suzhou Industrial Park.
On the same day, Vice-Foreign Minister Le Yucheng summoned US ambassador to China Terry Branstad. Le called the move stark bullying. The Chinese government and people express strong indignation and firm opposition to it, Le told Branstad, and the US side must bear all the consequences resulting from China's resolute countermeasures.
Once the problems are found, the areas, departments and institutions concerned should rectify the issues in a timely manner and learn lessons from the mistakes accordingly.
On top of techniques and knowledge, Gui said creativity and passion are also indispensable for investing. "Just as dancers exert creativity to convey classic stories, so should our firm think outside the box to find unique solutions for each deal."
Once the government reopens, Democrats said, they would negotiate with Trump on further border security ideas.
One of the guests, Michael Kahn-Ackermann, Sinologist and former director of the Goethe-Institut China, said the Sinan Book Club is one of his favorite organizations, and face-to-face exchanges between authors and readers are a great way to promote literature.
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One expert said dialogue will help solve the situation but will be a difficult task.
One accomplishment of the meeting is China will set up a committee under the State Council, China's Cabinet, to oversee financial stability and development.
On the sidelines of the recently concluded G20 summit in Osaka, the heads of state of China and the United States agreed to resume economic and trade consultations on the basis of equality and mutual respect and the United States said not to impose new tariffs on Chinese products.
One of the most important considerations for Singapore is that it is a highly open economy dependent on the rest of the world for its survival, development and functioning.