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In order to improve the business environment, the Chi

ese government has launched a series of measures to continually reduce burdens for taxpayers, an

d the annual plan for 2019 is to cut 2 trillion yuan ($300 billion) in taxes and fees.

“Effects have been seen recently. In the first two months, 182.85 billion yuan in taxes and fees were furth

er reduced,” Wang said. “The Chinese tax authority will do all it can to achieve the target.”

“International tax cooperation is not and has never been easy. But we

do need a multilateral approach,” said Vitor Gasp

ar, director of the Fiscal Affairs Department at the International Monetary Fund.

“BRITACOM has a role to play in fostering a multilatera

l cooperation approach to taxes, and it can help tax adm

inistrations share best practices and build a foundation for cooperation,” Gaspar said.

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ng tourism in Shanghai with arts. The local govern

ment has released a total of 40 culture-themed travel routes, as sideline events to guide visitors through Shanghai’s iconic

landmarks, according to Yu Xiufen, head of Shanghai’s culture and tourism bureau.

The state-level arts carnival will also announce the winners of tw

o important prizes – the Wenhua Award and the Qunxing Award. The Wenhua Award is a trienn

ial award established by the Culture and Tourism Ministry to honor outstanding stage pe

rformances, while the Qunxing Award is granted as the top prize for amateur artistic works.

Teachers and students from the artificial intelligence institute of Xidian

University in Northwest China’s Shaanxi province have developed a smart wheelchair for Zha

ng Wei, a post-1990 generation member who has amyotrophic lateral sclerosis, or

ALS. The new device was created specifically for those with ALS, to better improve their daily lives.

According to Sun Long, who participated in the research and develop

ment, the wheelchair features a eye-tracking system and advanced technologies inclu

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The 40-year-old Wang Xing, chairman and CEO of M

eituan Dianping, China’s leading on-demand online service provider, is the youngest among China’s 10 most powerful businesspeople, according to the list.

Dong Mingzhu, chairwoman of Gree Electric Appliances, a major home appliances maker

based in Zhuhai, Guangdong province, is the only woman entrepreneur on the top 10 ranking, placing seventh.

Xu Jiayin (Hui Ka Yan), chairman of China’s property developer Evergrande Gro

up, and Lei Jun, founder of smartphone maker Xiaomi Group, also made the top 10.

The China Consumers Association said Wednesday that financial servi

ces in automobile sales should be clearly priced and forced transactions eliminated.

The association held a discussion Wednesday morning on the issues of fina

ncial service fees in automobile sales and car buyers’ difficulties defending their rights.

The discussion concluded that car dealers fabricate required ite

ms to increase consumers’ payments and fail to provide receipts or other certificates.

When disputes over quality arise, consumers often experience difficulties negotiating with dealers or lodging complaints.

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Another outbreak in Shaanxi province caused the dea

aths of five pandas between December 2014 and April 2015.

Pandas are docile but can be fierce. In 2005, a female photographer from Hong Kong jumped into a pand

a enclosure to take photos. To the surprise of onlookers, the panda slashed one of her arms, causing profuse bleeding, the center said.

Zhou Mengqi, a veteran photographer in Chengdu, was chased by a panda that had been eating quietly unt

il he took pictures of the animal up close at the Chengdu Research Base of Giant Panda Breeding in the early 1990s.

“Its claw touched my shoes before I escaped through a door,” he said.

China has a total of 548 captive pandas. Of those, 285 are in the China Conser

vation and Research Center for the Giant Panda and 196 live at the Chengdu Research Base of Giant Panda Breeding.

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Luckin Coffee raises $150m in latest financingre seen at a stor

Chinese coffee chain Luckin Coffee has completed its new financing round of $150 million (1 billion y

uan), lifting the firm’s valuation to an estimated $2.9 billion, news portal NetEase reported on Thursday.

Global fund manager BlackRock-controlled private equity participated in the financing by investing $125 million.

Last year, Luckin Coffee completed its two financing rounds worth $400 billion with inve

stors including Singapore’s sovereign wealth fund GIC, Joy Capital and China International Capital Corp Ltd.

The coffee chain founded in 2017 had 2,073 stores in 22 Chinese cities

by the end of 2018, and plans to build 2,500 more in 2019. The firm aims to overtake its rival

Startbucks in store and cup numbers in China, said Luckin Coffee’s founder Qian Zhiya at a news conference in January.

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It is the duty of car dealers to deliver qualified autom

obile products, and those who refuse to bear responsibility or compensate consumers for

unqualified automobiles violate the law and will be punished, said the China Consumers Association.

The discussion heard that some dealers force consumers to purchase insurance or ask for financial serv

ice fees without issuing invoices, both illegal acts that should be severely punished according to the law, the association said.

During the discussion an unnamed womaen complained that she was sold a defective Mercedes-Benz car.

The woman said the engine of the CLS300 she bought from Xi’an, Shaanxi province dealership Lizh

ixing Co developed problems soon after she bought it March 27, but she failed to get a refund or exchange.

She also said she was asked to pay a “financial service fee” of 15,000 yuan to an employee without knowing what the money was for.

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The tanks lined up, were kept 50 meters apart and stre

ched for 10 km, making it a memorable scene for a generation.

In October 2016, the bridge was closed for repairs after being open for almost 50 years. The 100,000 vehicles it carried each day far

exceeded its designed capacity of 8,000, causing many cracks to appear in the structure. It has been repaired 12 times since 2002.

Other problems it faced included falling mortar and metal fatigue.

The government decided to spend more than 1.1 billion yuan ($164 million) on the repairs.

The structure’s original concrete deck was replaced by a steel one, which is lighter and h

as greater durability. The replacement work was carried out above the 27,000-volt railway line. Any falling mater

ial, even a screw, would have caused a power failure and disrupted services on the busy Beijing-Shanghai Rail

way. Workers had to erect scaffolding and protective nets when no trains were passing.

The diameter of the lamp bases on the bridge were reduced by 5 ce

ntimeters, making the sidewalk wider and more convenient for pedestrians.

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For example, Netflix is investing in really diverse c

He also underlined the significance of a strong audience base in the fu

ture. “It’s about developing the audience for Chinese animated films – to create projec

ts that are more popular with broader appeal,” he said. “The most important thing is to tell a good story with i

nteresting characters, in a way that is fresh and new, different and exciting for the audience.”

Minkoff said the Chinese animation industry has grown vigorously over the past dec

ade. “I’ve seen improvements made in the quality of the animation, the production and the filmmaking.”

With the coming of the 5G era and virtual reality, he thinks it opens up new space for creativity and accessibility. “The changes in techno

logy are going to continue to improve and make it possible to make really interesting, different kinds of films, an

d put the tools of filmmaking and animation into more people’s hands, which I think would be very good,” the director said.

Besides the animated adaptation of Wolf Totem, Minkoff revealed to

China Daily he is working on a “secret” project inspired by Chinese culture. “The movie is bas

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es for exNo shutdown of smartphone business

Image-editing app developer Meitu Inc stated, in response to previous reports, that it was

not true the company planned to shut down its smartphone business by the middle of this year.

Meitu would cooperate with Xiaomi to launch a new smartphone marking the beginning of a new area

. The cooperation with Xiaomi will represent the start of technological enhancement and scale devel

opment, said Meitu’s spokesman, accepting an interview with Shanghai Securities News on Monday.

On November 19, the company and Chinese smartphone maker Xia

omi reached a global strategic cooperation arrangement that gave exclusive license to X

iaomi to use Meitu smartphone brand, image-related technologies and certain smart hardware products for 30 years.

The first smartphone made and marketed by Xiaomi with image and camera provide

d by Meitu will be launched by middle of this year, according to Chinese news outlet Jiemian.

The firm will continue to handle after-sales service of previously sold Meitu brand smartphones.

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A number of entrepreneurs from across the world

 showed their innovative ideas, hoping to gain acc

ess to potential investors, mentors and business partners through the platform.

Wang Zhigang, minister of Science and Technology, said China

will further open up and strengthen international coop

eration in technological fields to promote a favorable environment for global talent.

The two-day event, with an exhibition area of 70,000 square meters, attracted more

than 4,000 professional organizations, training agencies, universities, tec

hnology enterprises and human resource agencies from 52 countries and regions across the world.

About 110,000 visitors were at the conference.China uses high-tech measures for cultural heritage protection

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