BEIJING, June 17 (Xinhua) — China witnessed a spike in the number of new taxpaying market entities in May as the country\’s economy continues to recover.
A total of 1.52 million new market entities ha
Tag: tax
Chinese local gov\’t fiscal revenue maintains steady growth
BEIJING, June 6 (Xinhua) — Chinese local governments\’ fiscal revenue maintained steady growth in the first four months of this year, backed by supportive measures, releasing positive signals for the
Explainer: Delving into America\’s debt crisis
Republican House Speaker Kevin McCarthy speaks to the press after a high-profile debt ceiling meeting in Washington, D.C., the United States, May 9, 2023. (Photo by Aaron Schwartz/Xinhua)
Answers to t
China sees high-quality development of private sector
The 7th China Private Enterprise Cooperation Conference was recently held in Wuhan, capital of central China\’s Hubei Province.
A total of 103 deals worth more than 108 billion yuan ($15.2 billion) wer
Hainan free trade port offers immense opportunities to the world: trade representative
BRUSSELS, April 20 (Xinhua) — The Hainan free trade port (FTP) in southern China \”is a national strategy and a will of the Chinese government to promote high-quality opening and opportunities to the
Shanghai unveils 20 measures to attract foreign capital; city committed to advancing high-level opening-up
China\’s Shanghai Municipality has released a raft of new measures to attract and facilitate the use of foreign capital, the latest positive signal that the country continues to boost opening-up and st
Biden announces budget plan for fiscal year 2024
WASHINGTON, March 9 (Xinhua) — U.S. President Joe Biden announced his budget proposal for the next fiscal year on Thursday.The 182-page proposal projected the federal government\’s spending of 6.9 tri
Housing consumption to be key economic driver
Housing consumption is expected to serve as a key economic stabilizer for local governments this year, as a number of cities and provinces are including promotion of housing consumption in their devel