The draft also clarified that foreign companies should be regulated by the same laws that govern Chinese companies, except in prohibited industries. The streamlined law will replace three separate laws for foreign equity joint ventures, contractual joint ventures and foreign wholly owned ventures.
The draft has received a lot of attention since it is designed to replace the practice of shuanggui, an intra-Party disciplinary practice in which Party members under investigation must cooperate with questioning at a set time and place.
The draft stipulates timely settlement of medical bills and prompt allocation of insurance funds.
The draft was issued on Tuesday by the People's Bank of China and the China Banking and Insurance Regulatory Commission.
The event is also to mark the end of the annual rainy season and the rare reversal of flow of the Tonle Sap River that connects the Tonle Sap Lake with the Mekong River.
The draft was submitted to a bimonthly season of the Standing Committee of the National People's Congress, China's top legislature, for first reading on Tuesday.
正规优化排名
The epicenter was monitored at 42.11 degrees north latitude and 83.43 degrees east longitude. The quake struck at a depth of 6 km, the center said in a statement.
The dynamic styling of the all-new 5 Series Li features the BMW Adaptive Full-LED lights with BMW Selective Beams, hexagonal reinterpretation of the iconic design headlights and, for the first time, connected to the air inlet grille which visually makes the car look broader and more powerful.
The effect of VAT reduction is not limited to reduce enterprises' tax burden in quantity and scale and its further significance is to promote enterprises to achieve high-tech and high-quality development, which plays a crucial role in maintaining Chinese economic development at a reasonable range, Zhang said.
The dynamic economic environment is energizing and empowering us to advance rapidly. I believe it brings enormous opportunities for our company.