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China's top court said litigants can file maritime cases in any of the country's 10 maritime courts starting Thursday, taking a new step to better serve litigants and improve judicial efficiency.
China's small-and medium-sized enterprises account for more than half of the country's GDP growth and tax revenues and most of the jobs. But the financing bottleneck has become a major problem affecting their development. China has cut the reserve requirement ratio four times since the start of last year, which has substantially improved the access of small-and medium-sized enterprises to lower-cost funds.
China's southernmost island province of Hainan launched a 100-day event starting on May 20 to attract global investment to help advance its development as a pilot international free trade zone.
Chinese Foreign Ministry Spokesperson Hua Chunying holds a weekly press briefing, file photo. [Photo/IC]
China's tax authorities published a document on Tuesday containing a set of policies to ease tax burden for individuals and corporates during the novel coronavirus outbreak, including exemptions of individual income tax and value-added tax for certain taxpayers.
来源：资阳报