www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
China / Government

China pledges stronger fiscal policy, widens tax breaks

(Xinhua) Updated: 2015-02-25 21:39

BEIJING - The State Council, China's cabinet, on Wednesday pledged to step up fiscal policy support and strengthen targeted controls to combat downward pressure on the economy.

"To ensure the economy operates within a reasonable range, proactive fiscal policy needs to be stronger and more effective," said a statement released after the executive meeting, which was presided over by Premier Li Keqiang.

The meeting decided to extend tax break policies to more micro and small businesses. From 2015 to the end of 2017, companies with annual taxable income under 200,000 yuan (32,573 US dollars) will have their corporate tax halved. Previously, the threshold was 100,000 yuan.

In an effort to activate private investments, the cabinet said taxes on investment earnings from non-monetary assets would be levied in stages rather than a one-off collection.

In addition, China will reduce the unemployment insurance rate to 2 percent from 3 percent previously, which is estimated to save over 40 billion yuan for businesses and employees annually.

The State Council also pledged to speed up construction of major water projects in the less developed central and western regions. Approvals on the new projects will be finished by the end of July and over 90 percent of funds from the central budget will be allocated by the end of June, according to the statement.

The set of policy adjustments comes in the wake of the economy growing by 7.4 percent in 2014, its weakest annual expansion in 24 years. A string of economic indicators, including manufacturing and trade data, all suggest continued weakness.

Data on Wednesday showed the HSBC flash manufacturing purchasing mangers index (PMI) improved slightly in February, rising to a four month high of 50.1, but the bank cautioned that domestic economic activity was likely to remain sluggish and external demand looked uncertain.

Despite subdued economic strength, policymakers have moved more cautiously than the market expected. To support growth, the central bank earlier this month decided to lower reserve requirement ratio, the minimum level of reserves banks must hold, by 50 basis points from Feb 5, the first universal RRR cut since May 2012.

This followed an unexpected move to slash interest rates last November, also the first cut in more than two years.

Highlights
Hot Topics
...
主站蜘蛛池模板: 日韩特级黄色片 | 大学生久久香蕉国产线观看 | 高清国产一级精品毛片基地 | 国产精品成人免费观看 | 日本在线亚州精品视频在线 | 精品一区二区三区的国产在线观看 | 日韩不卡一级毛片免费 | 国产精品久久久久国产精品 | 美女视频网站免费播放视 | 中国hd高清╳xxx | 亚洲欧美在线观看视频 | 亚洲精品一区专区 | 国产精品v欧美精品v日本精 | www成人国产在线观看网站 | 国产精品影视 | 美女视频免费黄 | 18岁禁黄色| 色网站在线观看 | 日本久久草 | 欧美极品在线视频 | 美女一级毛片免费看看 | 男人的天堂欧美精品色偷偷 | 在线观看一区二区三区视频 | 欧美日韩色黄大片在线视频 | 欧美精品区 | 成人无遮挡毛片免费看 | 5x性区m免费毛片视频看看 | 色综合久久久高清综合久久久 | 亚洲美女黄色片 | 亚洲美女一级片 | 96精品视频在线播放免费观看 | 国产精品久久久久久久免费 | 亚洲一一在线 | 免费人成年短视频在线观看免费网站 | 91成人免费观看网站 | 99视频在线观看免费视频 | 看全黄男人和女人视频 | 色偷偷在线刺激免费视频 | 精品国产一二三区在线影院 | 日本理论片免费高清影视在线观看 | 成人午夜亚洲影视在线观看 |