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The guidelines listed 22 tasks, including increasing the quality of foreign trade and advancing the innovation capabilities of various industries.

MEXICO CITY, June 1 (Xinhua) -- China has been broadening its participation in the annual International Friendly Cultures Fair in Mexico, reflecting the growing bilateral ties between the two countries, Chinese Ambassador to Mexico Zhu Qingqiao said here Saturday.

Between June 1 this year and the end of 2025, earnings of the above-mentioned services will be exempted from value-added tax (VAT), and enjoy a 10 percent deduction in taxable income. Those providing real estate or land for the relevant services will be exempted from deed tax, property tax, urban land use tax and six types of fees including registration fee for real estate.

The measures -- including shortening negative list on foreign investment, creating more pilot free trade zones and expanding imports -- "together form a very competent, strategically-oriented and promising economic policy. All this demonstrates the advantages of cooperation with China," he said.

With a comparable sales growth of 2 percent in the first quarter, a spokesman of Amsterdam-based health technology company Royal Philips told Xinhua that Philips recorded in China a double-digit comparable sales growth in its businesses of "Diagnosis & Treatment" and "Connected Care," adding that it also delivered a double-digit order intake growth there during the period.