Zhang Lianqi: Six proposals covering CPA, taxes, fees, securities, etc

　　In addition to the proposal of "on the procurement bidding reform of certified public accountant service", other subjects involves environmental protection charge, accounting and auditing supervision over securities market, tax incentives for micro businesses and government financial statements.

　　[NPC and CPPCC proposal] Zhang Ping: On change of accounting year duration in line with international norms

　　For industrial and commercial enterprises, they should have the right to fix the beginning and ending dates of the accounting year independently; for some trades or enterprises that feature seasonal characteristics, they can choose their business year as their accounting year; the accounting year duration of financial institutions should be decided by the state mandatorily; and adjustment for the beginning and ending dates of the accounting year of non-profit organizations should also be made accordingly at a proper time.

　　State administration of Taxation (SAT) cancels another 10 in-house law enforcement items

　　The State Administration of Taxation has announced recently the second list of cancellation of in-house law enforcement items. From now on, taxation authorities will not perform in-house law enforcement for "verification of tax-treaty matters for non-resident entities, verification of R&D institutions for tax rebate on domestic equipment procurement" and another 8 items. This is the second time the State Administration of Taxation cancels in-house law enforcement items following the one that has cancelled ten items on March 3.

　　The pilot program of first five private banks determined

　　Screening criteria for private bank pilot program consists of 5 contents: 1 Institutional arrangement for self-assumption of residual risks; 2 Shareholder qualification and risk resistance capacity in banking operation; 3 Specific regulations on supervision and administration of shareholders; 4 Differential market positioning and specific strategies; 5 Legitimate and feasible risk treatment and recovery plan, namely “Living wills ".