Based on the individual income tax differentials between the Chinese mainland and
Hong Kong, overseas high-end talent and professionals in short supply that work in the Greater Bay Area will g
et subsidies from Guangdong province and Shenzhen municipality to offset the differentials, according to the MOF.
The subsidies will be exempt from paying individual income tax.
The policy, effective from January 2019 to the end of 2023, applies to nine cities in Guangdo
ng — Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, the ministry said.
It said the move aimed to encourage the development of the Guangdong-Hong Kong-Macao Greater Bay Area.
Consisting of the Hong Kong and Macao special administrative regions and the nine cities in
Guangdong, the area covers 56,000 square km. It had a combined population of about 70 million at the end of 2017.
so single people think it is a waste of time compared with ordering takeout,” adding that on major food
delivery platform Meituan-Dianping, about 65 percent of the orders are made by singles ages 20 to 30.
Others choose to dine out. A recent report by global market research company Kantar Worldpanel found that 46 percent of interviewees said they had eaten
alone in the past 24 hours, up by 9 percent from 2017. Some 16 percent of respondents said they preferred to eat out alone.
Liu Chang, 24, a postgraduate at Renmin University of China in Beijing, said she likes to ex
perience celebrity restaurants recommended by food review platforms. She has visited them alone many times.
“Finding friends you like to dine with can be difficult sometimes. In view of this, I would rath
er eat alone, which can also be enjoyable and relaxing, as I can do whatever I like,” she said.
natural reserves. So far, more than 100 illegal mining projects have been withdrawn from Mount Qilian National Park, one of the country’s 10 pilot national parks, Zhang said.
Under a plan released in 2017, China aims to set up a batch of national parks covering ab
out 200,000 square kilometers, and to form a unified management system by 2020.
China’s achievement in afforestation was recognized in a study by the United States’ space agency NASA published last month. It sa
id China and India are leading the increase in greenery globally – with China alone accounting for a qua
rter of the global net increase in leafy area despite having only 6.6 percent of the world’s vegetated area.
Tax authorities are preparing to enact significant tax cuts and fee reduction
s, said Wang Jun, commissioner of the State Taxation Administration, on Tuesday.
China is establishing measures to cut taxes and fees by nearly 2 trilli
on yuan ($298 billion) this year, said Premier Li Keqiang in his Government Work Report.
indicate, is the emphasis that is now being put on helping private companies and protecting intellectual property rig
hts. The top court’s report, for instance, vowed to “enhance judicial protection for intellectual property rig
hts, promote the transfer of old and new kinetic energies, and serve the economy’s high-quality development”. And
in addition to completing international business dispute resolution mechanisms related to the Belt and Road Initi
ative, it has pledged to offer “equal protection for legal rights and interests of all kinds of market entities”.
This reflects the importance the country has attached to unswervingly encouraging, supporting and guiding the develop
ment of the nonpublic sector and shows the judicial and procuratorial organs will play their due roles in pro
moting the country’s all-around opening-up by ensuring a level and rules-based playing field.
In essence, the two reports made clear that security, democracy, rule of law, fairnes
s and justice, and a better environment are the focus of judicial and procuratorial work in the new era.