HONG KONG -- The Hong Kong Special Administrative Region (HKSAR) aims to launch a new profits tax system in April when the new year of assessment starts, the HKSAR Chief Executive Lam Cheng Yuet-ngor said on Tuesday. The amendment bill to facilitate the launch of a new two-tier profits tax system is expected to be tabled at the Legislative Council by the end of this year, she told the media before an Executive Council meeting. Lam called on legislators to examine the amendment bill with efficiency. The new profits tax system will cut tax rate for the first 2 million HK dollars ($256,410) of company profits from 16.5 percent to 8.25 percent. how to remove festival wristbandrubber wristbands custom cheapbat fidget spinnerwrist band com coupon codecustom silicone bandscustom wrist sweatbands24hr wristband
General Secretary Xi Jinping is given a panoramic photograph of the village of Huamao in Zunyi by the village's Party chief. Xi received it during a panel discussion with delegates from Guizhou province on Thursday at the ongoing 19th National Congress of the Communist Party of China in Beijing.LAN HONGGUANG / XINHUA Party, nation told to study and spread new judgment, requirements General Secretary Xi Jinping called on the whole Party and country on Thursday to make joint efforts to achieve progress in Socialism with Chinese Characteristics for a New Era. Xi made the remark during a panel discussion with delegates from Guizhou province at the ongoing 19th National Congress of the Communist Party of China. In April, Xi was elected to be a delegate to the 19th National Congress from Guizhou. Mountainous Guizhou is typical of places that have implemented Xi's thoughts on poverty reduction. The report of the 19th National Congress is a political manifesto and also action guideline for the CPC to lead people across the country to adhere to and develop Socialism with Chinese Characteristics for a New Era, Xi said. Xi urged the whole Party to study the new judgment of socialism with Chinese characteristics in this new time, the new definition of the country's principal contradiction, the new two-stage plan to make China a great modern socialist country, and the new requirements of strictly building the Party. According to the report delivered by Xi at the opening session on Wednesday, socialism with Chinese characteristics has entered a new era. The report also said that the country's principal contradiction has evolved to be the one between unbalanced and inadequate development and the people's ever-growing needs for a better life. In the report, Xi said that the CPC will basically realize socialist modernization in the first stage from 2020 to 2035 before developing China into a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious and beautiful after another 15 years. The whole Party should launch a massive campaign to study the spirit of the 19th National Congress and publicize the relevant thoughts at government departments, rural places, schools, communities and the military, Xi said. Xi spoke highly of Guizhou's achievements in areas like poverty reduction, ecological protection, infrastructure construction and anti-corruption in the past five years. During the discussion, Xi spoke at length with nine delegates and paid attention to issues like the new rule on farmland contracts, development of rural tourism and medical insurance in rural villages. If the base is not stable, the earth will move and the mountain will rock, he said while highlighting the importance of building Party organizations at grassroots level. Noting that poverty reduction is the battlefield in current circumstances, Xi pledged to promote officials who have dedicated themselves to poverty reduction and contributed to betterment of conditions for the poor. Yang Bo, a village official in Liupanshui, said that after talking with Xi, he has become more confident about leading villagers to get out of poverty. Sun Zhigang, secretary of the CPC Guizhou provincial committee, said that Xi's report has rolled out a visionary blueprint for the Party and country's development and improvement in the next decades. We are deeply inspired by General Secretary Xi's report, he said, adding that the report could give the people the strength of belief. Shen Yiqin, Guizhou province governor, said Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era is the biggest highlight of the 19th National Congress and a historic contribution to the Party's development. General Secretary Xi has assumed the great responsibility of fighting corruption with admirable courage, and such efforts have saved the Party, the military as well as the country, she said.
