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Steady growth to continue in 2019

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Political Bureau meeting chaired by Xi vows to ensure healthy development   China will keep its major economic indicators within a reasonable range next year, continue to speed up reform in the economic system and push forward all-around opening-up, accor...
12/14/2018

Tax incentives introduced for venture capital

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  The government has already introduced tax relief for venture capital firms under which their taxable income is deducted by an equivalent of 70 percent of their investment in seed or early-stage high-tech startups.   Policy will help drive entrepreneu...
12/13/2018

China grants more support to local governments with good performance

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The Chinese government will increase the number of incentive measures to local governments scoring obvious results in implementing major policies from 24 in 2016 to 30, according to a circular released by the State Council on Dec 10.   Compared to the for...
12/11/2018
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