20220610 China News
Source: | Author:eacham | Published time: 2022-06-10 | 1135 Views | Share:



01

A tax relief policy introduced last year has been formalized into a regulation, allowing companies to receive the majority of the annual benefit from a tax deduction of research and development costs at least three months in advance, according to China's State Taxation Administration.

 

02

Expansion of the offshore wind power sector will help Guangdong province, an economic powerhouse in South China, to develop more clean energy to support its economic development, said a company executive.

 

03

CRRC Sifang America Inc, an Illinois-based subsidiary of China Railway Rolling Stock Corp, announced it has started delivery of subway cars to Chicago, marking a breakthrough for the country's high-end rail transit products operating in the United States.

 

04

Chinese e-commerce giant JD Inc is betting big on the fast-growing ready-to-cook, ready-to-heat and ready-to-eat meals segment, which has gained popularity among younger Chinese consumers since the outbreak of the COVID-19 pandemic.

 

05

China's imports and exports totaled 16.04 trillion yuan ($2.4 trillion) during the first five months of 2022, growing by 8.3 percent year-on-year, according to the General Administration of Customs on Wednesday.

 

06

A cargo plane departed on Tuesday night from Chongqing Jiangbei International Airport on a flight to Mumbai, India, marking the official start of air freight transport between the two cities. India's SpiceJet Airlines, which operates the route, is planning one flight per week with a Boeing 737-700 aircraft.

 

07

China's rail cargo volume, a key indicator of economic activities, rose 6.6 percent year-on-year and hit a new record high in May, data from the China State Railway Group Co Ltd showed.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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