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China will raise the threshold of personal income tax and create expense deductions for items like children's education and treatment for serious diseases, Premier Li Keqiang said in the Government Work Report delivered to the first session of the 13th National People's Congress.
China witnessed the largest net fleet addition in helicopters (turbine) of 89 among all markets in Asia in 2018, a 14 percent growth year-on-year, the report said.
China will make active preparations for launching the Shanghai-London stock connect program and steadily push forward the opening-up in China's capital market, the CSRC said.
China will strive to provide more funding sources for small businesses and look to lower the financing costs via financial bonds for micro and small enterprises.
China's bond market has accelerated opening up since 2019 with expanding issuance scale of panda bonds, and the launch of Silk Road-themed bonds and the Belt and Road Initiative bonds, according to the PBOC.
来源：资阳报