Individuals with high-level and in-demand expertise working in Hainan will pay income tax no higher than 15 percent of their gross income, business earnings and government-approved allowances from the free trade port, according to a separate circular issued by the two central departments.
Industries such as medical care, pharmacy, transportation and smartphone manufacturing are already being profoundly reshaped by AI technology and still have lots of scope for more transformations. Currently, AI technology's penetration rate across these sectors is still low, but we can see AI technology is already playing an increasingly active role in reshaping these industries.
Incentives should be introduced to support consumers to exchange old home appliances and electronics for more green, energy-saving and intelligent alternatives, such as ultra-high-definition televisions, refrigerators, washing machines, air conditioners and smartphones, according to a guideline issued by the State Council.
In this year's government work report, a goal was set — within two years, the government will eliminate almost all expressway toll booths at provincial boarders. The initiative will not only ease traffic congestion, but also help with the growth of many related industries and sectors, Li said.
Inflation remains below the target of 2 percent annually. This is good news for small savers because it means inflation won't erode returns and yields on certificates of deposit and savings account probably won't go much lower in the immediate future.
In the worst nuclear disaster since Chernobyl in 1986, reactors one, two and three at the Fukushima Daiichi power plant melted down after a deadly earthquake and tsunami that struck Japan in 2011.
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Increases in the indexes for gasoline and shelter were the major factors in the seasonally adjusted all items monthly increase. Over the last 12 months, the all items index increased 1.8 percent before seasonal adjustment.
In this regard, he called on the government departments concerned to further reduce tariffs, and accelerate the opening up of financial, medical and healthcare sectors.
In what would be a strategy shift for Amazon Web Services, the public cloud market leader is apparently thinking about working with VMware on a data center product for hybrid cloud users, according to a report.
Indonesia is a developing country and an emerging market economy carrying significant weight in the world. With sustained fast growth at around 5 percent in recent years, Indonesia, the Emerald of the Equator, is shining ever more brightly.