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Tax cuts planned to stimulate growth

China’s tax authority announced on Nov 9 that it is putting forward a more aggressive tax reduction plan, focusing on value-added tax and individual income tax reform to stabilize investment and kickstart private enterprises. “We will propose a larger-scale tax cut and a fee reduction policy as soon as possible,” says Wang Jun, director of…

保加利亚中国工业商会

New measures to cut red tape, spur investment

China will continue to refine its business environment with more measures to be rolled out to cut red tape and facilitate investment, government officials said on Nov 9. More reforms will be introduced to widen market access and facilitate investment and trade, said Zhou Xiaofei, deputy secretary-general of the National Development and Reform Commission, at…

China digital advertising firm sets sights on Europe, world

Hylink’s international branches provide online advertising solutions to clients in the US, UK From his 25th-floor office in The Shard, London’s tallest skyscraper, James Hebbert, UK managing director of Hylink Digital Solutions, has a bird’s-eye view of the UK capital. But his vision extends far beyond London and the UK itself to cover the whole…

China tech sector helps Africa youth build ICT skills

Huawei and AVIC take lead in establishing programs that expose students to global business practices Over the past decade, Chinese enterprises operating in Africa have launched various programs aimed at empowering the continent’s young people by equipping them with practical skills to help the development of their countries’ economies. Huawei’s Seeds for the Future program…

It’s time for continent to give youth a chance

Cooperation with China offers chances for young people to secure capital to engage in fields that are crucial to Africa’s development Young people are the core of any given society. They make up what some call the active population. And all countries with aging populations are struggling to revive their active population. This is the…

All that glitters is not sold

Secondhand clothes That’s why they call me Second Hand Rose … I’m wearing secondhand shoes Secondhand hose All the girls hand me their secondhand beaus … Once while strolling through the Ritz, a woman got my goat She nudged her friend and said, “Oh, look, there goes my last year’s coat!” It seems poor old…

Alibaba points the way for Africans in e-commerce

Through inspiration from the eFounders Fellowship, formed through a collaboration between Alibaba Group and the United Nations Conference on Trade and Development, many young Africans are investing in technology with a keen focus on e-commerce to address challenges affecting their communities. The program, launched last year, seeks to train 1,000 entrepreneurs from developing countries, 200…

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Youth play key role in social, economic development

Young people can contribute much to fostering Sino-African relations for the betterment of the peoples of both sides Young people can play a significant role in enhancing social and economic development and fostering Sino-African relations, given that both sides have relatively young populations with a long life ahead to take their respective economies to new…

Bloom of youth – EUROPE

President Xi Jinping has emphasized the importance of Africa’s young people to Sino-African ties Africa’s young people hold the key to the continent’s future and, with the support of governments, should play a more active role in shaping the continent’s ties with China, experts and officials say. Adhere Cavince, an expert on China-Africa relations at…

Chinese wine lovers thirsty for imports

Nation’s new appetite has grabbed the attention of global producers and is almost certain to determine the world market’s future The impact of increasingly prosperous Chinese consumers on world commodity markets is, on one level, a matter of arithmetic. Take wine. Per capita annual consumption of the grape-based tipple in China is a sober one…