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Foreigners encouraged to invest in more industries
Dec 29, 2020
China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve.
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Policies improve people's livelihoods in 2020
Dec 28, 2020
In 2020, the government unveiled several policies, such as lowering import tariffs, deferring income tax payments, and cutting taxes and fees, in order to stabilize employment, promote consumption and improve people's livelihoods. Let's take a look.
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Japanese brand makes China debut in Shanghai
Dec 28, 2020
Renowned Japanese lifestyle brand Tsutaya Bookstore marked its foray into Shanghai with the opening of its store in the city on Dec 24.
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Tariffs for imports to be lowered next year
Dec 24, 2020
China will reduce or cancel tariffs on certain imported goods and materials starting in 2021 in a bid to expand imports, boost the domestic market and support the formation of high-standard free trade areas under the country's new "dual-circulation" development paradigm, according to the Ministry of Finance.
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Meeting vows more support for small firms
Dec 23, 2020
China will prolong policies on inclusive loan repayment extension and the credit loan support program for smaller businesses, the State Council executive meeting chaired by Premier Li Keqiang decided on Dec 21.
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Major economic policies to boost recovery in 2020
Dec 22, 2020
China's economy has not only recovered quickly but also made a great contribution to world economic development despite the COVID-19 pandemic, thanks to the wisdom of and effective measures taken by the Chinese government.
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Shanghai launches two-month long shopping season
Dec 21, 2020
The city of Shanghai in East China launched a two-month long New Year Shopping Season on Dec 18, with the aim of further boosting the recovery in consumer spending and unleashing market potential, local media reported.
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Shanghai releases list of top 100 foreign-funded firms
Dec 18, 2020
The Shanghai Foreign Investment Association held a news conference on Dec 17, releasing the list of the city's top 100 foreign-funded enterprises in 2019 in terms of their income, imports and exports, tax payments and employment.
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