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As for business tax reform, the framework will reduce corporate tax rate to 20 percent from currently 35 percent. Pass-through businesses, such as sole proprietorships, partnerships and corporations will see their tax rate down to 25 percent.

As a reporter whose beat is the information, communication and technology, or ICT, sector, I never expected that one day I'd write stories on the automobile industry!

As at the end of January, the balance of interbank WMPs dropped by 3.6 trillion yuan year-on-year. The growth of the wealth management business fell to 1 percent, down by 26.6 percentage points from the previous year.

As a pioneer and early practitioner in the eco-landscape design field, he started to build the discipline of Human Ecological Restoration in the 1980s, pioneering the aesthetic concepts of “saving the environment through art” and the theory of “spiritual, natural, and cultural ecologies”.

As a member of the Standing Committee of the National People's Congress - the country's top legislature - from 1994 to 2008, Tsang performed his duties to promote democracy, the rule of law and the development of industry and commerce on the mainland, Wang said.