男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Make me your Homepage
left corner left corner
China Daily Website

FTZ viewed with hope, skepticism

Updated: 2013-10-29 23:51
By Zhang Yuwei ( China Daily)

Blueprint for change

A government blueprint of the FTZ shows more than 90 policies. The policies, which cover five major areas, are:

Transforming government functions

Easing restrictions on foreign investment

Facilitating international trade by further opening the service sector

Deepening financial reform

Improving the regulatory and taxation systems

"While previously other similar zones, including the Shenzhen Special Economic Zone, focused on ‘incentives' by adopting favorable income tax policies, customs and (value-added tax) breaks, the Shanghai FTZ is intended to be a testing ground for a largely free and open economy as measured by international standards," said Steven Zhang, managing director at New York-based Fund Tax Services LLC.

But Zhang, a Shanghai native, said the FTZ's tax policies will be "expected to be in line with the direction of overall tax reform in China and international practice.

"They will remain subject to study and adaptation, so as not to erode the tax base and to align with China's overall tax system for foreign investment," he said.

Norm Page, a partner at Davis Wright Tremaine LLP, a US business and litigation law firm, and chair of the firm's China practice in Shanghai, said that financial leasing companies will be encouraged to start up in the FTZ. That will include factoring activity (selling of accounts and collecting debt).

"China wants to help small and medium-sized enterprises (SMEs) get more access to financing. SMEs are the biggest source of job growth in both China and the US," said Page, who has lived in Shanghai for seven years.

In one major difference from China's other economic zones, which emphasize manufacturing, the Shanghai FTZ focuses more on the finance industry. That's an area that Chinese and Western economists have argued should be liberalized to boost the economy.

Banking regulators have already moved to allow 11 financial institutions, including the Industrial and Commercial Bank of China, Bank of China, Citi (China) and DBS (China), to set up branches in the zone.

 
8.03K
 
...
主站蜘蛛池模板: 时尚| 余江县| 朝阳县| 柘荣县| 平遥县| 唐山市| 临高县| 盐城市| 德江县| 正阳县| 柳河县| 屏山县| 宁德市| 广元市| 屏南县| 定安县| 昭通市| 芮城县| 珠海市| 莱芜市| 绿春县| 漯河市| 安宁市| 德令哈市| 栖霞市| 凤翔县| 威宁| 锡林浩特市| 监利县| 毕节市| 嘉祥县| 油尖旺区| 翼城县| 大关县| 新蔡县| 大渡口区| 白水县| 荥阳市| 安福县| 遂川县| 灵武市|