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China has a working population of 776 million, of which only 165 million are skilled, and a mere 47 million are "highly skilled", according to Tang Tao, deputy minister of the Ministry of Human Resources and Social Security.
China has about 25 million private enterprises, with registered capital exceeding 150 trillion yuan (.7 trillion) and contributing more than half the country's taxes, according to the industry federation. These enterprises also contribute more than 60 percent of the nation's gross domestic product, fixed asset investment and outbound investment.
China has announced reducing the tax burden on and social insurance contributions of enterprises by nearly 2 trillion yuan this year, with a focus on the manufacturing sector and smaller businesses.
China has long called on the US to loosen and lift its restrictions on US high-tech exports to China. The US has not only failed to address it effectively, but rather moved in the opposite direction with more discriminative policies against China, both in trade and investment.
China feels it is only polite to reciprocate. Hours later, China said it will "fight till the end at any cost" and take "comprehensive countermeasures."
来源：资阳报