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China is willing to work with Djibouti to speed up the implementation of the results of the Johannesburg Summit of the Forum on China-Africa Cooperation (FOCAC), jointly forge ahead with Belt and Road construction, and fully strengthen bilateral cooperation in all fields, said Xi.
China plans to significantly lower the threshold for foreign investors' strategic investment in listed companies to introduce more overseas capital and practical management experience as part of the overall efforts to improve the governance structure of listed firms, the Ministry of Commerce said in an online statement on Thursday.
China launched a campaign to remeasure the height of Mount Qomolangma, which is known as Mount Everest in the West, early this month. The Ministry of Natural Resources on Monday announced the names of the surveyors who will scale the peak to measure its height. The surveyors were scheduled to reach the summit on Friday.
China to press ahead with FTA talks
China levies its withholding tax at a rate of 10 percent on foreign firms' earnings. However, that withholding tax can be exempted if that profit is put into qualified direct equity investments, including stocks.