From Feb 1 to June 30, more than 400,000 non-energy-intensive large industrial enterprises will be exempt from a 5 percent power fee, expected to exceed 23 billion yuan in total exemptions, while more than 42 million non-high-energy consumption general industrial and commercial enterprises will see a 5 percent power cost reduction, estimated to exceed 13.4 billion yuan in total.
From January to April, the country's gross fiscal revenue maintained a double-digit growth rate of 12.9 percent year-on-year to reach 6.9 trillion yuan (.08 trillion), with tax income accounting for 6.09 trillion yuan of the total, according to data from the Ministry of Finance.
France and Luxembourg wanted to impose tax rates of 5.5 and 3 percent respectively on those items, but because the books are an “electronically provided service” and not physical, they aren’t covered under the exemption in EU rules that allows countries to charge lower tax rates on books. That’s bad news for Amazon, Apple and other e-book sellers, since it could significantly increase the price of digital texts.
Freighters and cruise ships sail on the waters of the Yangtze River in Yichang, Central China's Hubei province. [Photo/VCG]
From a regional market perspective, the Yangtze River Delta has the highest concentration of brick-and-mortar bookstores in China with a total of more than 8,000, covering Shanghai, Hangzhou, Suzhou, Nantong, Ningbo and Nanjing.
Franciacorta wine [Photo provided to China Daily]
沧州白癜风医院哪家强
Four years to the day from the referendum where the United Kingdom voted to leave the European Union, Tokyo has given London just six weeks to agree terms for a post-Brexit trade deal between the countries.
From May 25, shoppers can pay via the service in HK dollars in stores such as Watsons, Chow Tai Fook, Sa Sa and Bonjour Cosmetics, as well as theme park Ocean Park.
From artificial intelligence and robots to drones and new energy vehicles, emerging sectors developed fast across China. The emerging and equipment manufacturing sectors lead the country's industrial growth in H1, with year-on-year output increases of 13.1 percent and 11.5 percent respectively.
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