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Experts expect Italian manufacturing improvement to continue in 2015

​Improving performances in both traditional made-in-Italy industries and niche sectors are expected to continue in 2015, local experts said, adding they would create more space for potential foreign investments.

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Hong Kong's CE office expounds on broadly representative nominating committee

​The Office of the Chief Executive (CE) of China's Hong Kong Special Administrative Region said late Tuesday that a broadly representative nominating committee is not just a question of absolute numbers but also a question of taking into account the needs and priorities of a broad range of sectors.

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Cuba to hold int'l trade fair to attract foreign investment

Cuba will hold the 32nd International Trade Fair of Havana (FIHAV 2014) on Nov. 2-8 to attract foreign investment in its priority economic sectors, an official said here Tuesday.

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China expands VAT to telecom sector

China is to replace turnover tax with value-added tax (VAT) in the telecom sector, following similar changes in transport and some service sectors.

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China's widening VAT reform reduces taxes by 13 bln yuan

China's latest efforts to expand the pilot scheme for value-added tax (VAT) reform nationwide have resulted in a tax reduction of 13.01 billion yuan (2.1 billion U.S. dollars) so far, the State Administration of Taxation announced Thursday.