China will formulate policies to bolster compliance and efficient circulation for the trading of data, as well as establish a revenue distribution system concerning data elements this year, as part of a broader push to foster new growth drivers and fully unleash the value of massive data resources, the National Data Administration said on Tuesday.
Huangpu district in Guangzhou has taken a pioneering step in fostering the silver economy with the introduction of the "10 measures for the silver economy" on March 14.
China will continue working toward the swift implementation and effectiveness of the policy package aimed at enhancing the investment climate for foreign businesses and attracting more foreign investment, the Ministry of Commerce said on Wednesday.
Huangpu district in Guangzhou has achieved significant success in nurturing companies for public listing, establishing itself as a leader within the city.
As the first experimental zone for business environment reform and innovation in Guangdong province, Guangzhou's Huangpu district has become a pioneer for business environment reforms.
A special meeting centering on Huangpu's quality development and new policies was recently held in Huangpu district.
Guangzhou's Huangpu district recently rolled out a set of 30 policies aimed at optimizing the business environment in the region. This is set to bolster the confidence of market entities and propel high-quality economic growth.
Stronger supportive policies will further boost the development of China's pharmaceutical and medical equipment industries, injecting new momentum into their innovation-driven growth, according to experts and industry people.
China will remain a highly favored investment destination for European companies in the long run, given its latest policy measures to boost market confidence and its efforts to reinforce its position in the global industrial, innovation and capital chains, experts and business executives said on Tuesday.
Preferential policies for additional deduction of R&D expenses