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China will promote new infrastructure construction in the transport sector to advance its transformation to digitalization and the use of artificial intelligence, according to a guideline issued by the Ministry of Transport on Thursday.
China's 10-year treasury bond futures open higher on Aug 14, 2020. [Photo/Sipa]
China will reduce enterprises' burden to ensure employment, officials with the MHRSS told a joint media interview, noting that research on plans for cutting enterprises' social insurance premium rate will be accelerated
China will include expenses of caring for elderly people in the categories of tax-deductible items while setting the minimum threshold for individual income tax at 5,000 yuan (2) per month, according to the National People's Congress Standing Committee, the nation's top legislature, on Monday.
China's action came on the same day that US President Donald Trump announced that up to billion worth of Chinese imports could face tariffs.
来源：资阳报