Only 1.5 percent of millions of corporate taxpayers face a higher tax burden after implementing value-added tax reform, senior officials with the nation's top taxation bureau said on Tuesday.
New guidelines to provide greater comprehensive medical care nationwide and to deepen reform to cover urban and rural residents alike with universal healthcare were approved on Wednesday by a State Council executive meeting presided over by Premier Li Keqiang.
A central rural work conference has stressed the need for better quality and efficiency in agriculture, focused on farmers' incomes and produce quality.
Italy's Prime Minister Matteo Renzi will resign after the 2017 draft budget is approved, the Italian president said on Monday.
Kyrgyzstan's government resigned on Wednesday after President Almazbek Atambayev's party quit the ruling majority coalition earlier this week, deepening a rift between the pro-Russian leader and his former allies.
"Women hold up half the sky," according to a slogan first popularized by the former Communist Party of China (CPC) leadership.
At a factory belonging to Hangzhou Wahaha Group, the beverage company's self-developed robots are busy loading pallets with products.
Italian Prime Minister Matteo Renzi said on Tuesday it had been a mistake to personalize a referendum, due to be held later this year, in which he originally promised to resign if he failed to convince voters to support the need for constitutional change.
The Italian Court of Cassation on Monday gave its approval to a national referendum on a crucial constitutional reform, on which Prime Minister Matteo Renzi has put its political carrier at stake.
The restructuring plan for two major steel companies will be a touchstone for China's state-owned enterprise (SOE) reform.
As China's economy faces continued downward pressure and settles into a "new normal" stage, supply-side structural reform becomes ever more important, according to a statement released by the Political Bureau of the Communist Party of China (CPC) Central Committee after meeting Tuesday.
Ninety-five years since its founding, the Communist Party of China (CPC) is leading China on a fast track toward national rejuvenation.
Despite growing public anger, French President Francois Hollande on Tuesday stood firm to pass through the controversial labor reform and to maintain its "principles" which grant companies more flexibility to negotiate work conditions.
While analysts have welcomed the apparent shift in Chinese policy towards structural economic reform, it could in the short term lead to rising liquidity and credit risks that are problematic for banks.
When investors place their bets in the A-share market this week, one of the key factors they would weigh is the progress of the reform and restructuring of the country's loss-making State-owned enterprises, analysts said.
A U.S. expert lauded China's efforts to advance the supply-side structural reform and said it is right on target as the country's economy is now settling into a "new normal" of lower growth rates.
Last week, the central government offered intensive instructions on state-owned enterprises (SOEs) reform, including laying out the tasks and ways of reform and detailed timetable. It has paved the way for further accelerating the reform. Relevant instructions and arrangements recently have also been reiterated in the ten sorts of pilot reforms.
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