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Chinese ride-sharing platform Didi Chuxing announced that it will resume its late-night services with stricter driver qualification requirements in its efforts to enhance passenger safety, Sept 14, 2018.

Chip designers and software producers will be exempt from corporate taxes for two years. For the following three years, their corporate taxes will be halved.

Chinese top-level policymakers recently sent messages to focus on improving the efficiency of fiscal stimulus and pushing forward structural reforms. Financial measures, as official statements indicated, should better serve the real economy. Meanwhile, the policy tone on monetary policy shifted in a more dovish direction, said economists.

Chu is bullish about the prospects of paid online content, while noting the maternal and infant segment is the biggest sector of the health industry.

Chinese transport authorities also encouraged reverse travel with preferential policies including discounted tickets for bullet trains to cities in the Yangtze River Delta area.