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China, keen to combat domestic pollution, is now the world’s biggest issuer of green bonds, which are debt instruments that fund environmentally friendly projects, such as solar farms, wind farms and hydropower stations.
China's personal insurance has seen sound and fast development in recent years with commercial personal insurance reaching a considerable coverage nationwide, yet problems such as insufficient supply and low level of protection still exist, said the meeting.
China, meanwhile, aims to increase its installed geothermal energy capacity by 500 gigawatts from 2016 to 2020, according to the 13th Five-Year Plan for geothermal energy released in 2016, the first such plan in this field.
China's personal income tax threshold is expected to rise to 5,000 yuan per month from the current 3,500 yuan, according to the draft amendment of individual income tax submitted in mid-June. For the first time, housing rent will be deductible from personal tax, along with the cost of children's education and continuing education, medical fees for major diseases, interest on housing loans.
Chinese State Councilor and Foreign Minister Wang Yi delivers a speech at an event hosted by the European Policy Center in Brussels, Belgium, Dec 16, 2019. [Photo/Xinhua]
来源：资阳报