BEIJING, May 18 (Xinhua) -- During the past decade, China has made continuous efforts to foster fiscal and taxation development, rolling out measures ranging from lowering enterprises' tax burdens, and deepening reforms of fiscal and tax systems to keep economic performance within an appropriate range and enhance high quality development.The following data illustrates China's fiscal and taxation development over the past 10 years and the vital role fiscal and taxation policies play in boosting market vitality and facilitating high-quality development.GROWING FISCAL STRENGTHChina's ...
发布时间:
2022
-
05
-
19
浏览次数：2
Xinhua News Agency, Beijing, May 12 (Reporter Liu Shiping) The reporter learned from the Ministry of Water Resources on the 12th that in the first four months of this year, China completed a total investment of 195.8 billion yuan in water conservancy construction, an increase of 45.5% over the same period last year.Wei Shanzhong, Vice Minister of Water Resources, said at the Chamber of Commerce, which presided over the special dispatch meeting to promote the construction of major water conservancy projects in 2022, that the construction of major water conservancy projects should be accelerated...
发布时间:
2022
-
05
-
19
浏览次数：6
Recently, the intensive repurchase of Ping An in China has attracted the attention of the market.In fact, since the beginning of this year, foreign capital has also intensively increased some insurance stocks. According to the 'Securities Daily' reporter, as of May 15th this year, foreign capital (northbound capital) has added positions to PICC, China Pacific Insurance and New China Life Insurance. Among them, the shareholding of PICC increased by 125% compared with the end of last year.The insurance sector plunged 39% last year. Since this year, the insurance sector has not stopped fa...
发布时间:
2022
-
05
-
17
浏览次数：11
Special bonds will be issued in the second quarter or exceed 2 trillion yuan at the peak of issuance.Multi-channel funds rush to speed up infrastructure investmentWith the acceleration of infrastructure investment, the capital side has also increased its efforts. The industry expects that the issuance scale of special bonds in the second quarter may exceed 2 trillion yuan, of which the monthly issuance scale in May and June may be close to one trillion yuan, which will give greater support to infrastructure investment. At the same time, with the policy support, the financing of urban investmen...
发布时间:
2022
-
05
-
17
浏览次数：8
WASHINGTON, May 14 (Xinhua) -- The International Monetary Fund announced Saturday an increase in the weighting of the Chinese renminbi and U.S. dollar in the Special Drawing Rights (SDR) currency basket after completing a quinquennial review.It marks the first SDR review since the renminbi formally became the fifth currency in the SDR basket in 2016. The review occurred about one year later than originally scheduled due to the COVID-19 pandemic.The updated basket implies slightly higher weights for the U.S. dollar and the renminbi and somewhat lower weights for the euro, the Japanese yen and t...
发布时间:
2022
-
05
-
16
浏览次数：1