Under the current pricing mechanism, if international crude oil prices change by more than 50 yuan per ton and remain at that level for 10 working days, the prices of refined oil products such as gasoline and diesel in China will be adjusted accordingly.
Under the agreement, the tie-up will focus on digitizing trade infrastructure and developing additional trade flows for the city. The venture will also focus on innovations in trade finance and establish a smart logistics hub there.
Uncertainty rising
Under a decision jointly announced Saturday by the Ministry of Finance, State Taxation Administration and other governmental departments, people in need who start a business can have 12,000 yuan (about ,791) deducted from their families' annual share of taxes over three years.
Unearthed during an excavation in Guizhou province, southwest China, the two-and-a-half-meter-long sea creature bore little resemblance to the turtles of today - it had long limbs, clawed feet, a whip-like tail and no protective shell of any kind.
Under such circumstances, challenges and opportunities co-exist for suppliers of raw materials and parts. They must sense the market trend in advance, and create extra time to deploy the right kind of resources to improve their product content and meet demand over the next two to three years, he said.
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Under the new policy, for companies engaged in chip design, packaging, testing and relevant equipment, the first two years of profit will also be tax exempt. Similar policies earlier only targeted companies involved in chip design.
Under the theme "Extra, Ordinary", the 17-day event aims to turn arts into a daily routine through different means of expression, the Cultural Affairs Bureau of Macao SAR government said on Wednesday night.
Under the amended regulations on international ocean shipping, certain items that previously required administrative licensing are annulled to simplify procedures, while the technology import-export regulation and the regulation for the implementation of the law on joint ventures using Chinese and foreign investment are amended to further improve the environment for technology transfer.
Under China's nine-year compulsory education system, consisting of six-year primary schooling and three years of education in middle school, an entrant is not allowed to pick public schools, and can only enroll in a school nearest to his or her home.