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He may also face a lawsuit for suspected crime of taking bribes.
He said that the Korean Peninsula can neither be nuclearized nor have warfare and unrest.
We will actively promote reforms of the fiscal and financial systems. For example, business tax will be replaced with VAT in all sectors, a major step of structural reform that will save businesses more than RMB500 billion in tax. This will not only help us form a consistent tax system and eliminate double taxation. More importantly, it will strongly boost the development of the service industry, especially high-end services, such as R&D, and support the transformation and upgrading of the manufacturing sector. Most enterprises will benefit from the tax reduction to varying degrees, and small and micro businesses will see their tax burden significantly lightened. In times of fiscal difficulties, the government is doing this to release more water to nourish the fish in the pond, i.e. to generate continued momentum of growth with a short-term drop in fiscal revenue. It is also indicative of the room for fiscal flexibility left at our disposal. Let me give you another example. For reforms in the financial sector, we can explore market-based approaches for debt-for-equity swap to help lower corporate leverage ratio.
"We will resolutely contain 'Taiwan independence' secessionist activities in any form," said Xi when joining a group of lawmakers from Shanghai on the first day of the national legislature's annual session.
To achieve the goal of building a world-class army, military-affiliated colleges must be strengthened, Xi said, calling for the advancement of reforms and innovation to provide talent and intellectual support for this goal.
来源：资阳报