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Provisional Regulations on the Collection and Payment of Social Insurance Fees Decree No. 259 of the State Council of the People's Republic of China, Jan.22, 1999

Chapter 1 General Provisions Article 1 For the purpose of strengthening and standardizing the collection and payment of social insurance fees and safeguarding the dispensation of social insurance payments, the Provisional Regulations on the Collection and Payment of Social ...

Measures for Pre-tax Deductions from Income Tax for Enterprises

Guo Shui Fa [2000] No.84 To the bureaus of state taxation and local tax bureaus of each province autonomous region municipality and the cities under separate state planning The circular is omitted Measures for Pre-tax Deductions from Income Tax for Enterprises Chapter I General ...

Regulations on the Personal Income Tax Assessment of Individual Businesses (Provisional)

GSF [1997] No. 43 The Circular is omitted Regulations on the Personal Income Tax Assessment of Individual Businesses Provisional Article 1 The Regulations is formulated in accordance with the provisions of the country's tax laws and regulations in order to conduct audit-based tax ...

Provisional Regulations on Value Added Tax of the People's Republic of China

(Promulgated on the Order of the State Council [1993] No.134 On Dec. 13, 1993) Article 1 An institution or individual engaged in marketing goods and/or providing processing, repair and/or replacements services within the territory of the People's Republic of China shall be a ...

Structural Tax Deduction: A Topic Concerned by Member of the national committee of CPPCCs

The global financial crisis makes a severe economic situation in China. However most of the Member of the national committee of CPPCC joining the "two sessions" this year expressed their optimism and faith in the fact that China is able to win this fight soon. The reporter ...

Responsible Officer of Related Department of Ministry of Finance & Department of Income Tax of State Administration of Taxation

On Dec. 31st 2008 the State Department issued Decree No. 546 which regulated Provisional Regulations Governing Urban Real Estate Tax would be abolished on Jan. 1st 2009 foreign-funded enterprises foreign enterprises and organizations and foreign individuals hereinafter called ...

China increases military budget to benefit soldiers rather than buy fighters

BEIJING, March 6 (Xinhua) -- China has raised the defense budget to improve the benefits for soldiers and officers rather than buy advanced fighters, said a political advisor here on Thursday. The increased sum in the budget can only afford several B-2 stealth bomber, said Zhao ...

Senior PLA officer: China's military power no threat to any country

BEIJING, March 5 (Xinhua) -- China maintains a limited military power only to secure the nation's independence, sovereignty and territorial integrity, and won't pose a threat to any country, said a senior officer of the People's Liberation Army (PLA) on Wednesday. Chinese ...

Military members of CPPCC submit 187 proposals

It is learned that members of the 11th National Committee of the Chinese People s Political Consultative Conference (CPPCC) from the Chinese military actively participated in and deliberated state affairs and submitted a total of 187 proposals over the past year, 67of which were ...

Fisheries keep steady and rapid development

Source: MOA Press Office Steady and rapid development of fishery economy. Over the past five years the output of aquatic products has kept an annual growth rate of about 4% with continuously improved product mix and steadily raised quality and safety, which has ensured effective ...

Opening Remarks at the High Level Seminar of Macro-prudential policy: Asian Perspective

Distinguished Managing Director Kahn, Distinguished First Deputy Managing Director Lipsky, Ladies and Gentlemen, Good Morning It is a pleasure to meet friends old and new in Shanghai in this beautiful autumn to discuss macro-prudential policy. On behalf of the People s Bank of ...

Successful Experiences of Further Reforming the RMB Exchange Rate Regime

Hu Xiaolian July 30, 2010 China moved into a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies on July 21st, 2005. Positive results produced thereafter showed that the reform was launched at the right time in the ...

The Cooperative Relation between Adjustment of Production Factor Price and Reform of the Exchange Rate Regime

China faces a major challenge and the task of restructuring the economy and achieving sustainable and balanced growth. To realize these goals and to transform the growth pattern, the Chinese government has taken a series of decisive measures, especially in the field of the price ...

Exchange Rate Regime Reform and Monetary Policy Effectiveness

The Chinese economy is growing rapidly, and is becoming increasingly market-based and more open. As a result, China needs to deal with a much more complicated economic situation. In this context, the ability to conduct macroeconomic management is critical for ensuring sound, ...

Three Characteristics of the Managed Floating Exchange Rate Regime

The content of the managed floating exchange rate regime includes three aspects. First, the floating of exchange rate is based on market supply and demand so that the exchange rate plays a role as a price signal. Second, the range of floating adjustment is based on trade and ...

A Managed Floating Exchange Rate Regime is an Established Policy

China s has moved into a managed floating exchange rate regime based on market demand and supply with reference to a basket of currencies. As an important component of the socialist market system, this is a right choice based on China s specific circumstances and development ...

Deputy Governor Hu s Speech at the Symposium on Judicial Interpretation of Law on Real Rights

I am delighted to attend the symposium on judicial interpretation of the Law on Real Rights of the People s Republic of China organized by the Supreme People s Court and the People's Bank of China with the support of International Finance Corporation. We have gathered here today ...

Address of Deputy Governor Ma Delun at the 2010 Capital Financial Forum

Respected Executive Vice Mayor of the City of Jilin, Distinguished Guests, Ladies and Gentlemen, Good afternoon! It s a pleasure to attend the Beijing Financial Forum for 2010. This annual meeting has provided us with a platform to discuss theoretical and practical issues of ...

Address at the Opening Ceremony of the Shanghai Clearing House Dr. Zhou Xiaochuan, Governor of the People s Bank of China

Mayor Han Zheng, Distinguished guests, Dear colleagues, Ladies and gentlemen, Good morning. Today, we gather here to celebrate the establishment of the Shanghai Clearing House. This is a milestone in the development of China s inter-bank market. On behalf of the People s Bank of ...

Address at the Press Conference on the Launch of the Electronic Commercial Draft System

Dear guests, Friends from the media, Ladies and gentlemen, Good morning. On October 28, 2009, the People s Bank of China (PBC) launched the Electronic Commercial Draft System (ECDS). The ECDS is an important system built by the PBC to provide inter-bank payment and clearing ...
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company

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Super car club in commercial drive
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China's banks must evolve or perish
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