Regulations
China Accounting News Weekly [No.231]2014.7.21-2014.8.3
Posted by:Admin|Published:08/04/2014 14:00|hits:30

  Beijing, Tianjin, and Hebei Province Will Implement Unified Tax Administration All the Tax Issue Can be Handled in Each City

  China’s State Administration of Taxation decided to establish the leading group of taxation for the synergetic development of Jing-Jin-Ji (Beijing, Tianjin, and Hebei Province), which will uniformly and coordinately solve the important problems and make policies in the Jing-Jin-Ji region, and actively support the synergetic development of Jing-Jin-Ji.

  The Central Organization Department Answers to Reporters’ Request on Retired Officials Holding the Post of Independent Director in Enterprises

  More than 40, 700 party and government leaders, including 229 officials at provincial or ministerial level, who took part-time jobs in enterprises, were cleaned up in China. “To fulfill law-based administration, we supervise and urge the officials at provincial or ministerial level themselves to hand in their resignations at the first moment. Meanwhile, we will dispatch related personnel monthly to track the implementation of the removal procedure in enterprises, making sure all the officials at provincial or ministerial level removed from their part-time jobs in enterprises.”

  Financial Statement of China’s State-Owned Enterprises in 2013

  155 thousand state-owned corporate enterprises in China have gone through independent accounting, with a year-on-year growth rate of 5.8%; they have 36, 984 thousand staff and workers, with a year-on-year growth rate of 0.7%; their general assets reach to 104. 1 trillion yuan, with a year-on-year growth rate of 16.3%; their total liabilities are 67. 1 trillion yuan, with a year-on-year growth rate of 16.7%; their net profit is 1.9 trillion yuan, with a year-on-year growth rate of 4.4%.


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