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Companies in the state enjoy a 6 percent corporate tax rate that applies to income earned in state. They can earn tax credits for creating jobs, upgrading or expanding, as well as receive tax exemptions for purchases and inventories.

Comprising London companies and business leaders, the China City Group, which released the report on Thursday, is also aiming to grow international fund investment into Chinese companies and encourage more Chinese companies to list on London markets.

Co-sponsored by Hanergy Thin Film Power Group and China Daily, the Hanergy Sunshine International Photography Initiative is aimed at showcasing the clean-energy company's leading technologies, as well as its efforts to create a better life through the lenses of photographers from around the globe.

Companies reached 204 agreements involving 1.53 billion yuan (6 million) worth of agricultural and animal products. Most were local food sales and online commerce companies that typically purchase products and services from a wide variety of areas. Gansu province has received the most orders for its agricultural and sideline products, valued at 572 million yuan.

Competition between the establishment camp and the opposition has been fierce. Analysts said the opposition wants to ride on the current political turmoil in Hong Kong to have a greater say in the district councils.