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In 2018, China advanced to a global ranking of 46 in terms of ease of doing business, up from 78 in 2017, according to a World Bank Group report.
He said that market players, especially small and micro business, would have a clear sense of tax cuts and fee reduction this year, and that the big job of tax cuts would be well done.
For the first time, the Chinese foreign minister met the foreign ministers of the 28 EU members on Monday, and they discussed about strengthening the EU-China cooperation. The EU regards China as its important strategic partner, not only economically but also politically, Mogherini noted.
Wang stressed the importance of putting innovation as the primary driving force behind development and promoting innovation-driven development via consultation sessions.
According to the rules jointly unveiled by the Ministry of Finance and State Taxation Administration (STA), individuals who have lived on the Chinese mainland for six consecutive years and have stayed there for 183 days or more each year will need to pay IIT on their overseas-sourced incomes. Otherwise, their incomes earned overseas will be IIT exempt.
来源：资阳报