The lowest corporate tax rate in the world will not significantly impact China, where the corporate profit tax rate is 25 percent. High-tech companies in China enjoy a preferential corporate income tax rate of 15 percent, unaffected by the agreement. The current US corporate tax rate is 21 percent, which could be raised to 25 percent in the future.
Infrastructure construction in China's rural areas is important for their development and connectivity with cities. But building roads might not be enough. Liu Zhiqin, a senior fellow at Chongyang Institute of Financial Studies, shares his thoughts.
China's cyberspace regulator said on Sunday that it has ordered app stores to remove the nation's most widely used ride-hailing app Didi Chuxing, due to confirmed reports of "serious violations of law and regulation" in the collection and use of personal information.
General Secretary Xi Jinping of the Communist Party of China Central Committee has announced that China has achieved its first centenary goal and is marching towards the second one. Hong Kong has celebrated the 24th anniversary of its return to the motherland. And the African Union's COVID-19 envoy has slammed the European Union for not making vaccines available to the continent.
Huawei's ad recruit worldwide talent has generated a lot of attention.
As China celebrates the major milestone of 100 years of the Communist Party of China, it also marks the achievement of the complete eradication of absolute poverty
As the Communist Party of China celebrates the 100th anniversary of its founding, it presents the world with an opportunity to understand how it has led China to where it is today and how its governing philosophy relates to both the nation and the rest of the world.
Liu Zhiqin, a senior fellow from the Chongyang Institute for Financial Studies at the Renmin University of China in Beijing, shared his insights with CGTN regarding with Bubble tea IPO.
On June 25, 2021, Wang Wen, executive dean of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), was invited to attend the Inner Mongolia Autonomous Region CPPCC policy briefing in Hohhot and gave a keynote speech on "deepening the On June 25, 2021, Wang Wen, executive dean of Chongyang Institute for Financial Studies at Renmin University of China (RDCY), was invited to attend the Inner Mongolia Autonomous Region CPPCC policy briefing in Hohhot and gave a keynote speech on "deepening the opening-up under the dual circulation." opening-up under the dual circulation.
At a grand ceremony to commemorate the 100th anniversary of the founding of the Communist Party of China (CPC) in Beijing on Thursday, Xi Jinping, general secretary of the CPC Central Committee, solemnly declared the completion of the goal of building China into a moderately prosperous society in all respects, marking the culmination of a 2,500-year journey of the Chinese people to pursue xiaokang - a peaceful and happy life, a century of earnest endeavor by the CPC and over four decades of relentless government efforts and Chinese ingenuity.
The values of top five US companies - Apple, Amazon, Alphabet, Microsoft and Facebook - have increased $1.28 trillion since the beginning of the year. Analysts believe the year of 2021 is likely to be the same as last year - another year of carnival of US high tech giants.
The 100th anniversary of the founding of the Communist Party of China (CPC) is of course, correctly, in the first place an event for China. People in China, equally, naturally rightly look at it first from a national viewpoint – it is the CPC which has led China’s national rejuvenation.
Chinese President Xi Jinping explained his vision for a community with a shared future for mankind at the 19th Congress of the Communist Party of China in 2017. Four years later, there are two important reasons why now is the time to discuss the next steps.
Liu Zhiqin, a senior fellow from the Chongyang Institute for Financial Studies at the Renmin University of China in Beijing, shared his insights with CGTN regarding with China's economic recovery.
Understanding the Communist Party of China is the key to rebuilding China-US political mutual confidence, because some Americans' wrong notions about China are related to their misunderstanding of the CPC. Party leadership, as inscribed in China's Constitution, is the most fundamental characteristic and biggest systemic advantage of socialism with Chinese characteristics. Only when the US understands and respects this will it stop finding fault with China on the latter's domestic affairs.
Inside the construction area of the Kompong Dewa Resort in Sihanoukville, Cambodia, Chinese builders from the China Eighth Engineering Bureau, a subsidiary of the state-owned construction giant CSCEC, have implemented a green construction concept to the ground.
Foreigners are used to observing China with current events. In this column, I would like to explain the twists and turns in the development of China's modernization from the perspective of its "long history," by using British historian Eric Hobsbawm's most famous tetralogy: The Age of Revolution: 1789 - 1848, The Age of Capital: 1848 - 1875, The Age of Empire: 1875 - 1914 and The Age of Extreme: 1914 - 1991 as a reference.
The debate about which socio-political system is the best for humanity has been going on for several centuries. In essence, the discussion revolves around how a country's national wealth is obtained and how it is distributed among its citizens.
Canada decided to "take the point" in the Anglo-American campaign to paint China's policy in Xinjiang Uygur Autonomous Region as "genocide," leading a group of countries at the UN Human Rights Commission to sign on to a call for "immediate access" for the head of the Human Rights Commission, Michelle Bachelet, to Xinjiang to investigate the claims about human rights abuses.
This year marks the 70th anniversary of the establishment of diplomatic ties between China and Pakistan.