Contact us: Phone:(+86)871- 64166895/64191465 Email:[email protected] Address:337 Xinwen Road, Kunming, ,PRC

YUNNAN DAILY PRESS GROUP The Pioneer Vol.99 Wednesday, Oct. 17, 2018 www.yunnangateway.com

China to improve 6KDQJKDLJHDUVXSIRU¿UVW&,,( export tax rebate VWKH¿UVW&KLQD,QWHU- 10 in , was first tries and three international of China’s commercial Anational Import Expo announced in 2017 by Chi- organizations have con- giant Suning Holdings policy from Nov.1 is less than one month nese President Xi Jinping, ¿UPHGWKHLUSDUWLFLSDWLRQLQ Group. “In the next three away, the host city Shang- who called it “an important the event, said the bureau. years, we plan to import hina has decided to im- polluting goods as well as hai has reached the final policy statement and action As the event is drawing goods worth 10 billion eu- Cprove its export tax rebate those involved in industrial stage of its preparations, as demonstrating China’s near, goods from foreign ros ($11.5 billion).” policy to reduce the business capacity cuts will see export products from all over the embracing of greater open- exhibitors have arrived at Forty-three African burden and bolster foreign rebate rates unchanged. world have been arriving ness”. local customs. Shanghai has countries have confirmed trade, according to a State The government expects in the city. According to the China opened green channels for their participation in the Council executive meeting the policy to facilitate sup- Designed to be a International Import Expo the products, significantly expo. Around 190 enter- chaired by Premier Li Ke- ply-side structural reform, world-class event on a par Bureau, a total of 2,800 cutting the time needed for prises from Africa will pro- qiang recently. ease burdens on the real econ- with the most renowned companies from the G20 them to be unloaded and mote local products such as The current seven tax omy, and stabilize foreign exhibitions in the world, member states, as well as stored in local warehouses. Egyptian date palm, Ethi- brackets will be cut to five, trade growth amid complicat- the inaugural import expo 50 countries and regions Chinese companies opian coffee, and Amarula and some rates will be raised ed global circumstances. combines country exhibi- involved in the Belt and are eyeing the great po- from South Africa, accord- according to international Tax refund procedures tions, enterprise exhibitions Road Initiative, will partic- tential of boosting imports ing to the organizers. common practice, said a state- will also be simplified, with and forums to promote free ipate in the expo. Around through the event.”During “The CIIE shows Chi- Networking event for investment promotion in support ment released after the confer- the year-end goal of shorten- trade and an open global 160,000 buyers from more the expo, we expect to na’s changing trade strate- ence. ing the average time needed economy. than 80,000 domestic and import at least 1,000 kinds J\DQGLWVUHVROYHWRIXO¿OO of CIIE. (Photo by Xinhua) Effective from Nov. 1, the from 13 work days to 10. The event, which will overseas enterprises have of products and services its responsibility as a nations,” said Zhao Bei- of the Shanghai Academy 15-percent bracket and part Businesses with a good record be held at the National also signed up for the that have not been sold in major country and achieve of the 13-percent bracket will will see an even faster and Exhibition and Conven- event. the domestic market,” said mutual benefits and win- wen, deputy head of the of Social Sciences. World Economy Institute (Xinhua) be lifted to 16 percent. The 9 easier process. tion Center from Nov 5 to In addition, 80 coun- Wang Zhe, Party secretary win cooperation with all percent notch will be adjusted Paperless applications to 10 percent or 13 percent, will be promoted, and service and the 5 percent tier to 6 or businesses will be encouraged 10 percent. to help tax refunds for small However, high energy and medium-sized enterprises. 7UDYHOLQ