State Council makes five policies to make it easier for enterprise to invest
Autonomy in management is not a precondition any longer; a catalog should be made and publicized about examination, approval, and intermediary services which needs to be preserved.
Internal control first written in CPC gazette
On the fourth plenary session of the 18th Central Committee of CPC, general framework and blueprint of internal control in administrative institutions are drawn from the national level for the first time.
Ministry of Finance: tax revenue analysis of the first three quarters in 2014
Amount of newly increased tax reduction for the first three quarters in 2014 reaches 40 billion Yuan compared with the same period of last year, because of policies of increasing pilot industries for replacing business tax with value-added tax, more tax preferences for small and macro businesses, and enterprise annuity, occupational annuity, and individual income tax reduction.
800 million Yuan loss: Zhangzidao Group suffers from disaster of Hollywood disaster film level
According to the announcement made by Zhangzidao Group on the evening of Oct. 30, practically no harvest is gained from more than one million mu comb shell fields sown in 2011 and 2012 due to the worst natural disaster in several decades. This leads to more than 800 million Yuan losses of the company. Since its being listed in 2006, Zhangzidao Group has obtained a total of 6.45 billion Yuan through direct financing and indirect financing. Despite this, it has gained close to 1.8 billion Yuan of net profit since then. The 800 million Yuan loss this time is as much as almost half of its accumulated earnings.