Home>News Center>China
       
 

Lawmakers promote private business, ease taxes on poor
(AP)
Updated: 2005-10-27 21:50

China's top legislators on Thursday passed a package of new laws meant to promote the growth of private business and ease the tax burden on the poor.


A man walks past a sign advocating people to file tax returns in Shanghai in this undated photo. China's legislature adopted the revised personal income tax law, raising the threshold for tax payment to 1,600 yuan. [newsphoto]

The new legislation included extensive revisions of China's corporate, securities and income tax laws, spokesmen for the National People's Congress said at a news conference.

The measures come after the Communist Party issued an economic plan that promised to maintain fast growth while narrowing the explosive gap between China's rich and poor.

The new laws include measures to improve protections for the rights of small private investors, said Zhou Zhengqing, deputy head of the NPC Finance and Economic Committee.

The revisions will "promote the healthy and stable development of China's capital markets, minimize risk, guarantee the safe operations of the capital markets and strengthen the protection of the rights of investors," Zhou said.

"These revisions will be good news for the securities market in the long run," Zhou said.

Legislators also agreed to cut income taxes on the country's poorest.

Chinese who make less than 1,600 yuan a month (US$198) will no longer need to pay income tax, up from the previous cutoff point of 800 yuan (US$98), said Lou Jiwei, head of the State Council Financial and Banking Office.



Traffic accident kills 5, injures 31 in Chongqing
Wen, Putin meet in Moscow
Latest bird flu outbreak stamped out
  Today's Top News     Top China News
 

Lawmakers promote private business, ease taxes on poor

 

   
 

China: No human infection of bird flu reported

 

   
 

China Construction Bank gains in HK debut

 

   
 

China rules out bird flu in girl's death

 

   
 

Duties wrong way on China yuan: Snow

 

   
 

Former vice-president Rong Yiren dies

 

   
  Hu: China a 'good neighbour' of ASEAN
   
  Tyco, employees donate to support the disadvantaged
   
  Environment agency blacklisted
   
  Thirteen on trial for human smuggling
   
  Migratory birds pose most serious flu danger
   
  Invading alien rampant across 1/3 of mainland
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  News Talk  
  It is time to prepare for Beijing - 2008  
Advertisement
         
主站蜘蛛池模板: 国产乱码一区二区三区| 波多野结衣巨女教师6| 岛国大片在线播放高清| 亚洲国产精品专区| 精品视频国产狼人视频| 大香大香伊人在钱线久久下载| 亚洲欧美日韩国产精品网| 国产精品亚洲综合五月天| 无码人妻一区二区三区免费视频| 免费大黄网站在线看| 91香蕉国产线在线观看免费| 无码国产精品一区二区免费式芒果| 免费va人成视频网站全| 777四色米奇欧美影院| 日韩人妻一区二区三区免费| 午夜精品久久久久久| 欧乱色国产精品兔费视频| 夜鲁鲁鲁夜夜综合视频欧美| 五月天婷婷精品视频| 羞耻暴露办公室调教play视频 | 亚洲精品视频在线观看你懂的| 色多多视频在线| 国产漂亮白嫩美女在线观看| XXX2高清在线观看免费视频| 无人视频免费观看免费视频 | 麻豆国产在线观看免费| 成人免费淫片免费观看| 九九热在线视频播放| 精品国产亚洲AV麻豆| 国产婷婷色综合av蜜臀av| 91精品免费看| 日本在线电影一区二区三区| 免费看黄a级毛片| 日本一二三精品黑人区| 成人免费一区二区三区| 久久精品免费观看| 男人的天堂在线免费视频| 国产一区二区在线视频| 97夜夜澡人人双人人人喊| 日本爽爽爽爽爽爽在线观看免| 免费看美女脱衣服|