​China's finance, taxation, and commerce authorities on Monday unveiled a tax incentive granting foreign investors a 10 percent corporate income tax credit on direct domestic investments funded by dividends from Chinese resident companies.

Xinghua city will seek to make more practical contributions to the city's development, said Chen Fengjian, Party secretary of Xinghua.

Xinghua is harnessing science and technology innovation projects to develop new industries and development models, with a focus on emerging and future industries.

Xinghua is moving to write a new chapter in the high-quality development of modern agriculture, with a highlight on its entire grain industry chain.

It's currently peak season for harvesting scallions and in Xinghua, the little delights are now going through the full chain of production processes before reaching diners.

Xinghua held its first Shared Laboratory Open Day on April 10 at the lab of food manufacturer Kerisom Food Biotechnology.

From the start of this year, Xinghua Rural Commercial Bank disbursed 713 million yuan ($97.25 million) of spring plowing reserve loans as of the end of March.

The Xinghua Food Quality Inspection and Testing Center has shortened its testing cycle for food.