
Do you want to know what will come after the Government Work Reports which was carried out yesterday?
And what will we benefit from the report? Now, let’s see!

“Wealthiness”
富

Θ Raise the Individual Income Tax threshold.
Θ Ease the burden of education on parents and reduce specific medical treatment expenses.
“Accommodation”
住

Θ Prudently carry forward the legislative work of Real Estate Tax.
Θ Launch new plan of renovation of shanty towns, and 5.8 million new houses are about to be built this year.
“Network”
网

Θ Cancel mobile “roaming charges”, which will reduce data rates for at least 30%.
Θ Improve the network speed while reduce network charges, so that people live no matter in urban and rural areas can enjoy high-speed broadband networks.
“Medical”
医

Θ Subsidy for medical insurance will increase 40RMB per capita.
Θ Expand the scope of direct settlement of basic hospitalization in different provinces for both outgoing country workers and migrant workers.
“Traffic”
行

Θ Preferential purchasing policy on New Energy Vehicles (NEV) will extend for three years, second-head cars with more that 5 driving years will be allowed to be recycled.
Θ Finish investment on railway construction of 732 billion Yuan, while on highway and ocean freight transportation of nearly 1.8 trillion Yuan.
“Entrepreneurial”
创

Θ Simplify formalities of dealing with sorts of certificates to further reduce time for starting up business.
Θ Reduce taxes both for enterprises and individuals of more than 800 billion Yuan.
Θ Ease burden of non-tax revenue on enterprises of more than 300 billion Yuan.
“Agriculture”
农

Θ The second-round contract land period which will be extended for 30 years more.
Θ Highways of 200 thousand kilometers in rural areas will be built.
Θ 13 million people will settle down in cities.
“Elder-care”
老

Θ Continuously raise basic retirement pension and pension for urban and rural residents.
Θ Promote combination of medical treatment and nursing, and develop interdependent nursing modes.
Θ Improve service quality of nursing home.
“Education”
学

Θ Reduce the rate of dropping out of school in rural areas; big-scale-class teaching mode will be taken place by small-scale-class one in cities; homework burden on primary and secondary school students will be lessened.
Θ Strengthen supervision on nursery center in case of child abuse.
“Environment”
净

Θ Emission rates of SO2 and NOx have decreased by 3%, and concentrations of PM2.5 in some areas keep declining.
Θ Chemical oxygen demand (COD) and emission rate of ammonia nitrogen have decreased by 2%.
“Price”
买

Θ Reduce tariff of automobile and some consumer goods.
Θ Lower ticket prices of state scenic spots.
“Security”
安

Θ Carry out measures to prevent telecommunications fraud, information leak and Internet MLM.
Θ Strictly crack down on activities including illegal fund-raising and financial swindling.
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Pic from People.cn
HACOS,Business Services Solutions Master








