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release time: 2019 - 08 - 24
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More cooperation measures expected to facilitate access to bond marketsChina and Russia have agreed to strengthen cooperation in the financial sector, particularly in the bond market, with an aim of jointly supporting global economic growth following a high-level bilateral financial dialogue that ended this week.'Russia will actively consider the issuance of yuan-denominated bonds on the Moscow Exchange,' said a statement on the website of the Chinese Ministry of Finance late on Thursday.China would also encourage domestic investors to invest in bonds issued by Russia, in line with the existing framework of laws and regulations, it said.Further cooperation measures are expected by the two sides to facilitate the access of investors from both countries to each other's bond market, said the ...
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Various sectors to benefit from tax reduction that will also result in more foreign investment to tackle global downward pressureStarting next month, China's massive reduction of value-added tax will take effect, with manufacturing sector VAT dropping by 3 percentage points from the current 16 percent, to lower burdens on enterprises and boost the real economy.Transport and other sectors will pay 9 percent in VAT, instead of the current 10 percent. The measures will tackle downward economic pressure, help attract more foreign investment and upgrade the economy, experts and company management s...
发布时间: 2019 - 03 - 27
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China will fully open the manufacturing sector and treat foreign companies in the same way as their Chinese counterparts, the country's top industry regulator said on Monday.The move is part of China's broader push to pursue greater opening-up for win-win cooperation and to create a level-playing field for all players.Minister of Industry and Information Technology Miao Wei said at the China Development Forum that establishing open partnerships is one of the keys to seeking the high-quality development of manufacturing in China.'China's push to upgrade its sprawling manufacturing sector could ...
发布时间: 2019 - 03 - 26
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The Municipal Government of Shanghai looks to further increase the cross-border trading volume by announcing new measures to improve the business environment at ports.The new measures are in response to Shanghai’s water shipping ports’ need for increasing efficiency and lowering cost, and focus on optimization of cross-border trading procedures, application of more advanced technologies, service standardization and cost cut.After the implementation of simplified and paperless process, time spent on customs clearance and related procedure in imports will be shortened to four hours on average.“T...
发布时间: 2019 - 03 - 25
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