三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Key takeaways from China's pro-growth measures

Xinhua | Updated: 2019-01-30 16:18
Share
Share - WeChat
Workers assemble engines at a factory in Weifang, Shandong province. [Photo/China Daily]

BEIJING - With China's economy shifting to a slower but more sustainable growth model, policy makers are stepping up efforts to boost growth and confidence against external headwinds.

Fresh moves including tax cuts, increased fiscal spending, consumption boost and stabilizing employment have been unveiled.

Here are the major takeaways from the pro-growth measures:

Boosting consumption

China on Tuesday unveiled a flurry of measures aimed at boosting sales of items, including autos, home appliances and information services.

The country vowed to promote auto replacement, especially in rural areas, accelerate development of the second-hand car market and adjust subsidies to galvanize sales of new energy vehicles (NEVs).

Dong Dajian, an official at the Ministry of Industry and Information Technology, expects NEV sales to exceed 1.5 million units this year, up from 1.26 million in 2018.

The government will support sales of green and smart home appliances, and local authorities will mull plans to offer consumer subsidies for such products.

Liu Yunan, an official at the National Development and Reform Commission, expects the incentives to lift sales of such products by 150 million units, worth around 700 billion yuan ($104.48 billion), between 2019 and 2021.

Tax, fee reduction

The country rolled out a new batch of tax breaks for smaller businesses, including lower tax rates, higher tax thresholds and favorable policies for investors of tech startups.

The inclusive tax reduction covers 17.98 million businesses, accounting for more than 95 percent of the country's corporate tax payers, 98 percent of which are private businesses.

Value-added tax threshold on small-scale tax payers was raised from 30,000 yuan to 100,000 yuan of monthly sales.

The country also unveiled special individual income tax deductions to lower tax burdens on those who have certain expenditures in areas such as children's education, continuing education, health treatment for serious diseases, housing loan interests, rent and elderly care.

Expanding investment

The country will increase investment with a focus on construction and renovation, prioritizing areas including artificial intelligence, internet of things, major infrastructure projects and technical transformation and equipment replacement in the manufacturing sector.

The country also aims to make fiscal funds more effective and channel more capital into weak areas including poverty relief, agriculture, innovation and environmental protection.

Ning Jizhe, head of the National Bureau of Statistics, said China's demand for infrastructure investment was still high in areas such as rural development and urban transport systems, but the country still lagged behind many developed countries in terms of infrastructure per capita.

Ning expects stronger investment data in 2019 as the country's policies come through.

Stabilizing employment

The government has vowed to put stable employment in a more prominent position and continue to prioritize creating jobs and implementing a more proactive employment policy.

Companies without or with few layoffs can get a 50-percent refund of their unemployment insurance premiums paid in the past year. More government-subsidized training will be conducted to equip the jobless with vocational skills, while employment services and supportive policies will be given to laid-off workers.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久精品国产久精国产80cm | 妞干在线 | 交在线观看网站视频 | 一级黄色片毛片 | 国产第一页久久亚洲欧美国产 | 在线免费看a | 免费国产精品视频 | 亚洲国产精品不卡毛片a在线 | 亚洲影视一区二区 | 善良的翁熄日本在线观看 | v视界成人影院在线视频 | 免费在线观看黄色网址 | 一级片手机在线 | 国产一级二级三级视频 | 国产午夜视频在永久在线观看 | 亚洲欧美日韩久久一区 | 精品成人免费播放国产片 | 国产精彩视频在线观看 | 国产精品99久久久久久宅男 | 国产精品亚洲精品日韩已满 | 正在播真实出轨炮对白 | 在线亚洲欧美 | 婷婷丁香五月中文字幕 | 香蕉久久一区二区三区 | 日产一一到六区麻豆 | 久久免费精品视频 | 老外一级黄色片 | 妖精视频永久在线入口 | 国产精品久久久久久久久鸭 | 小草免费在线视频 | 成人久久久 | 不卡精品国产_亚洲人成在线 | 你懂的亚洲 | 婷婷射 | 国产精品高清全国免费观看 | 久久综合亚洲一区二区三区 | 免费的毛片视频 | 色婷婷久久| 国产男女性做爽歪歪爱视频 | 91高清免费国产自产拍2021 | 国产在线观免费观看 |