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The 10 percent deduction rate, which applies to buyers of ag

ricultural goods, will be cut to 9 percent, said the statement.

“The VAT reform is not simply lowering the tax rate, but focusing on the integration with the overall tax reform. It has continued to ma

ke progress toward the long-term goal of establishing a modern VAT system, and it also leaves room for cutting the number of VAT brac

kets from three to two in the future,” said Wang Jianfan, director of the department of taxation under the Ministry of Finance.

To implement the statutory taxation principle, China will also accelerate legislation to deepen VAT reform, Wang said.

The joint statement came after Premier Li Keqiang said on Wednesday that China will imp

lement a series of measures to cut VAT rates and ease the tax burden in almost all industries.

Earlier this month, Li said in his 2019 Government Work Repo

rt that VAT reform was key to improving the tax system and achieving better income distribution.

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Volunteers inundate blood donation center near explosion site

After an explosion at a chemical plant killed 47, residents of Xiangshui county in Ji

angsu province have flooded centers to donate bolod for the severely injured survivors.

There were so many people coming in to donate blood that the organ

izers at one center ran out of application forms, China Daily discovered Friday afternoon.

“On average, people have to wait for at least five hours for their turn,” said Meng Xiangh

ua, a member of the local labor union that has been assisting in the drive to build up blood supplies following the blast.

He said one of his neighbors came in at 8 am Friday and had to wait until 1:30 pm to d

onate. “There are so many people coming that we failed to count how many people have donated so far,” he added.

www.sh419vv.com

Explosive device found in Ireland appears similar to thos

  A “viable improvised explosive device” contained in a plastic envelope was found in

a postal collection center in Limerick, western Ireland, the Irish police said in a statement.

  Police were alerted to a suspicious item shortly after 6 a.m. local time on Friday, authorities said in an earlier statem

ent. The army’s bomb disposal team arrived at the An Post’s collection center at 9:50 a.m. local time, where the package was found.

  ”On arrival a cordon was established and the building was evacuated for the duration of the operation. A viable impr

ovised explosive device contained in a plastic envelope was identified and made safe,” the Irish police statement said.

  London’s Metropolitan Police is cooperating with the Irish police on these investigations, both forces

said in separate statements on Friday. group calling itself the IRA previously claimed responsibility for sending five packages cont

aining improvised explosive devices to the UK earlier in March, but British police said they had only recovered four.

  On March 5, three devices were sent to major London transport hubs — Waterloo Stati

on and offices at Heathrow and City Airports — in what police said appeared to be part of a “linked series.”

www.fanxgq.cn

The timing is bad. There’s no question about it that making

  move like this that would even give the appearance of support to the incumbent pri

me minister is — it will be viewed by some as problematic,” said Jonathan Schanzer, an expert at the Fo

undation for Defense of Democracies who has previously called for the US to recognize the Golan Heights.

  But Schanzer pointed out that past US presidents have also sought to sway Israeli electi

ons. President Bill Clinton, for example, invited Israeli Prime Minister Shimon Peres to the White Ho

use to sign an anti-terror pact at the White House just under a month before Peres faced reelection.

  Trump, though — who enjoys sky-high popularity in Israel — will welcome Netanyahu to the White House for meetings

and a dinner over two days just two weeks before Israeli elections. And he is handing Netanyahu an achievement sought by successive Israeli adm

inistrations.Trump has sought to leave his imprint on the politics of another close US ally, the United Kingdom.

  After openly advocating for the United Kingdom to vote to leave the European Union as a presidential candidate, Trump as president has done little

to disguise his views of UK’s May and her handling of the matter, which has drawn scorn from all sides in the United Kingdom.

  Hours before he met May at her Chequers estate outside London in July, the Sun newspaper published an interview with Trump in which he underc

ut his counterpart and suggested one of her political rivals, former London mayor Boris Johnson, might perform the job better.

www.shidaikangfuyiyuan.cn

The visit was not only for Harvard but also on behalf of

  all of US higher education in order to promote bilateral educational exchanges, he said.

  ”I am here precisely because, like you, I believe these ties are extremely import

ant for our academic institutions, but even more importantly, for our nations,” he said.

  He noted that there are a large number of overseas students from China at Har

vard, and the Chinese language is among the most popular foreign languages at the institution.

  He also expressed his admiration for the great emphasis the Ch

inese government has placed on education and its efforts to enhance higher education, addi

ng that Harvard University is ready to move forward with exchanges with Chinese education and research inst

itutions.He calls for tapping partnership potential in such sectors as shipping, telecommunications

  China stands ready to work with Italy on the Belt and Road Initiative by strengthening its alignment with the Eur

opean country’s development strategies to bring bilateral ties to a new level, President Xi Jinping said.

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hina will continue to support Chinese companies in deve

  loping cooperation with their Italian counterparts on telecommunications, particularly in the 5G network, Wang said.

  The two countries have witnessed productive economic cooperation in recent years. Bilat

eral trade topped $50 billion last year, while the two-way accumulative investment reached more than $20 billion.

  Xi also called for intensifying coordination with Italy in international affairs and within multilateral orga

nizations such as the United Nations, the Group of 20 and the World Trade Organization.

  China is ready to deepen communication and cooperation with Italy on major i

ssues such as global governance, climate change and WTO reforms to safeguard their shared in

terests, uphold multilateralism and free trade, and promote world peace, development and prosperity, Xi said.

  Regarding Xi’s visit to Monaco, Wang said it will open a new chapter for their bilat

eral ties, which have become a good example of interactions between big and small countries.

www.shlfsm.com

Tax cuts on the way as steps taken at meetingplement a g

China will implement a group of measures to cut value-added ta

x rates, ensuring that the tax burden on all industries will only go down, according to a

decision made by the State Council’s executive meeting presided over by Premier Li Keqiang on Wednesday.

The Government Work Report this year set out a plan for l

arger tax cuts, including lowering the VAT rate in manufacturing and other industries from 16 t

o 13 percent and the VAT rate in transportation, construction and other industries from 10 to 9 percent.

A number of concrete measures were decided upon at the

Wednesday meeting to achieve the targets, which will be enacted on April 1.

Input VAT eligible for deduction will be expanded and will cove

r passenger transportation services. Taxpayers will be able to get their input tax on real esta

te payments deducted in full on a one-time basis, instead of on two occasions in two years.

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In the Government Work Report, Li said that the govern

ment’s moves to cut taxes on this occasion aim at an accommo

dative effect to strengthen the basis for sustained growth while also considering the need to ens

ure fiscal sustainability. It is also a major measure to lighten the burden on businesses and boost market dynamism.

Participants at Wednesday’s meeting also decided on adjustments to the export tax rebate rates of certain goods and services and

to the tax deduction rate of purchases of farm produce. They decided to increase transfer payments to local gov

ernments, focusing on supporting the central and western regions and counties and prefectures experiencing difficulties.

“The share that goes to enterprises in the national income distribution ne

eds to be increased to boost market vitality. This will

help keep employment stable, expand tax sources and make public finance sustainable.” Li said.

ash01.com

Her announcement that she was asking for a three-month

  delay caused uproar in the chamber.

The opposition Labour Party accused her of “blackm

ail, bullying and bribery” in her attempts to push her deal through, and one

prominent Brexit supporter in he

r own Conservative Party said seeking a delay was “betraying the British people”.

  Britain voted in 2016 to leave the EU by 52 percent to 48 – a decision that has

split the country, opening up divisive deb

ates over the future of the economy, Britain’s place in the world and the

nature of Britishness itself.

  A European Commission document seen by Reuters said the delay should

either be several weeks shorter, to avoid a clas

h with European Parliament elections in May, or last at least until the end of the

year, which would oblige Br

itain to take part in the elections – something that May said was not in Britain’s interest.

ashkk.com

Short Brexit delay possible, but conditionalonald Tusk has said

short delay to Brexit is possible, but will be conditional on the House of Commons passing the Withdrawal Agreement.

“The question remains open as to the duration of such an extension,” Tusk, the President of the European Council, said.

Tusk said he spoke to Theresa May on the phone earlier this afternoon.

“May’s proposal of the 30 June, which has its merits, creates a series of questions of a leg

al and political nature,” he added. “Leaders will discuss this tomorrow.”1 hr agoDona

ld Tusk speaking nowThe President of the European Council, Donald Tusk, is giving a press conference in Brussels.

1 hr 9 min ago
MPs surprised by “downright reckless” strategy, Starmer says
Labour’s Sha

dow Brexit Secretary Keir Starmer has opened the emergency debate into the Brexit delay by quoting Ther

esa May’s de facto deputy David Lidington, who said last week that if May’s divorce deal was not passed by parl

iament, seeking “a short and, critically, one-off extension would be downright reckless.”

Starmer says those statements led MPs to believe that May would reques

t a long extension if she hadn’t passed her plan — but May has asked for a delay only until June 30.

He adds that the confusion is symptomatic of May’s Brexit strategy to date — to “put parliament as far away as possible from the process.”

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