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with tax cuts alone accounting for more than 10 percent of the tax revenue target this year, according to the government budget, Wang said.
The cuts aim to reduce the burden on manufacturing companies, small
and micro-sized enterprises, and the working class, in an effort to stabilize em
ployment, the financial sector, trade, domestic investment and market confidence, Wang said.
He made the comments during an interview at the annua
l meetings of the national legislature and China’s top political advisory body.
“This scale of tax cuts and fee reductions has rarely been seen over the past decades, both
inside and outside China. It demonstrates the resolution, confidence, wisdom and power of our Party and gov
ernment to overcome difficulties and make great efforts to build a strong state,” he said.
An ongoing reform of China’s college entrance exam and enrolling system, under which stude
nts used to be selected for their performance on a single test, has been extended to cover more pro
vinces in China, according to the Ministry of Education.
Initiated in 2014, the reform aims to make the selection of studen
ts and their enrollment in universities a more sc
ientific and fair procedure and promote education for students’ all-around development.
In 2018, the reform was expanded to eight provincial-level regions, n
amely Hebei, Liaoning, Jiangsu, Fujian, Hubei, Hunan, Guangdong and Chongqing, whe
re Year-1 high school students starting from fall 2018 needed to prepare for the change.
PYONGYANG — Kim Jong-un, top leader of the Democratic People’s Republic of Korea (DPRK), left here Saturday afternoon by train f
or Vietnamese capital Hanoi for the second DPRK-US summit, the official Korean Central News Agency (KCNA) reported Sunday.
Kim will meet with US President Donald Trump there on Feb 27-28. Their first meetin
g was held in June 2018 in Singapore, which resulted in improved bilateral relations.
Kim will pay an official visit to Vietnam at the invitation of Vietnamese President Nguyen Phu Trong before his meeting with Trump.
Kim was accompanied by Kim Yong-chol, Ri Su-yong, Kim Phyong-hae and O Su-yong, members of th
e Political Bureau and vice-chairmen of the Central Committee of the Workers’ Party of K
orea (WPK), Ri Yong-ho, member of the Political Bureau of the WPK Central Com
mittee and foreign minister, No Kwang-chol, alternate member of the Po
litical Bureau of the WPK Central Committee and minister of the People’s Armed Forces, among others, said the KCNA.
Kim was seen off at Pyongyang Railway Station by Kim Yong-nam, Choe Ryong-hae and Pak Pong-ju, members of the Presidium of the Political Bureau of the Cen
tral Committee of the WPK, and other senior officials of the party, government and armed forces, said the KCNA.
echnology sectors of Hong Kong and the mainland, facilitating more career opportuniti
es for Hong Kong local talent as well as offering a larger market for knowledge transfer.
Tam Yiu-chung, a Hong Kong member of the Standing Committee of the National People’s Congress, the country’s top legislat
ure, estimated that the plan would lay out development priorities for the area, and the key tasks each city should carry out.
Hong Kong will thus have a clearer direction for future development, and better understand how it can fully contribute, Tam said.
The Greater Bay Area encompasses Hong Kong and Macao, as well as nine cities in Guangdon
g province: Guangzhou, Shenzhen, Zhuhai, Dongguan, Huizhou, Zhongshan, Foshan, Zhaoqing and Jiangmen.
In 2017, the 11 cities produced one-eighth of China’s gross domestic product while containin
g only 5 percent of the nation’s population and only 0.6 percent of China’s total landmass.