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3) The New Urbanization was advanced in an active yet prudent way. Projects to help rural migrant workers become permanent urban residents, to cultivate emerging small and medium-sized cities, and to promote new models of urban development all made smooth progress. Twenty-seven provinces (including autonomous regions and municipalities directly under the central government) as well as the Xinjiang Production and Construction Corps published their guidelines for carrying out reform of the household registration system, and provisional regulations concerning the residence certificate were published and implemented. Steady progress was made in advancing new models of urban development and in the cultivation of emerging small and medium-sized cities. Plans for the development of city clusters were completed for the Yangtze River Delta, and for the Chengdu-Chongqing and Harbin-Changchun regions. We further extended the state comprehensive pilot project for the New Urbanization to two provinces and 135 cities or towns. Positive results were achieved in implementing the reform to replace multiple plans for city (county) development with one master plan.
We will actively promote reforms of the fiscal and financial systems. For example, business tax will be replaced with VAT in all sectors, a major step of structural reform that will save businesses more than RMB500 billion in tax. This will not only help us form a consistent tax system and eliminate double taxation. More importantly, it will strongly boost the development of the service industry, especially high-end services, such as R&D, and support the transformation and upgrading of the manufacturing sector. Most enterprises will benefit from the tax reduction to varying degrees, and small and micro businesses will see their tax burden significantly lightened. In times of fiscal difficulties, the government is doing this to release more water to nourish the fish in the pond, i.e. to generate continued momentum of growth with a short-term drop in fiscal revenue. It is also indicative of the room for fiscal flexibility left at our disposal. Let me give you another example. For reforms in the financial sector, we can explore market-based approaches for debt-for-equity swap to help lower corporate leverage ratio.
The resumption of peace talks is a key part of this political process in Syria, and the warring parties should give priority to the overall interests of their country and their people, and seize the opportunity of peace talks to show their goodwill and sincerity, Wang continued.
Zhang said legislatures should fully play their roles in promoting the implementation of the mutual-beneficial plans.
GREAT CHANGES
来源：资阳报