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China will raise the threshold of personal income tax and create expense deductions for items like children's education and treatment for serious diseases, Premier Li Keqiang said in the Government Work Report delivered to the first session of the 13th National People's Congress.
China's automobile market, which was hard-hit by the COVID-19 epidemic, started to recover in April, thanks to unleashed pent-up demand and encouraging policies, according to the China Association of Automobile Manufacturers.
China's Ministry of Foreign Affairs presented Fujian province to the world at an event on Friday in Beijing co-organized by the ministry and the People's Government of Fujian province.
China's 25 leading excavator makers sold a total of 20,939 excavators last month, up 51.3 percent year-on-year, according to the China Construction Machinery Association.
China's National Energy Administration announced plans in April to drive the development of new subsidy-free solar projects through policy support, hoping new projects will be developed without the need for governmental subsidies, which it is believed will steer the market in a new direction toward zero-subsidy renewables.
来源：资阳报