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China will implement supporting measures to the newly revised law on personal income tax, and maintain the current tax policy as unchanged before the completion of social security collection organization reform, a State Council executive meeting presided over by Premier Li Keqiang decided on Sept 6.
China's aging society is a major social issue. There are currently more than 220 million people over 60 years old in the country, or 16.1 percent of the population, and the numbers are growing.
China's biggest domestic electric vehicle producer BYD signed an agreement with Japanese commercial vehicle manufacturer Hino Motors on Wednesday to set up a 50-50 joint venture to develop batteries for electric vehicles and electric units, in an effort to share the extensive costs of development.
China's CSCL India Ocean, one of the world's biggest container vessels, anchors at the Gulf of Suez, Egypt.[Photo/Xinhua]
China's GDP growth has stabilized but wages continue to rise rapidly due to the country's changing economy and, in no small measure, the ongoing industrial upgrading plan.
来源：资阳报