addressed are the issues that the business community is concerned about”.
“It is excellent that President Xi recognized some problems,” especially those associated with its Belt and Road Initi
ative, such as transparency and corruption, said Craig Allen, president of the US-China Business Council.
Experts also were interested in how the reform policies and laws would be implemented, something Xi addressed in his speech.
“People are very positive about the direction, but they need to
know the details” of how the promises would be delivered, Overholt said.
Xi, citing the old Chinese saying “honoring a promise carries the weight of gold”, pledged to install a binding mec
hanism for international agreements, to make sure governments at all levels operate in well-regulated wa
ys, and to update laws and regulations to abolish unjustified practices, keeping in line with the needs of opening-up.
yers say the Home Secretary would have some leeway in deciding which takes priority. Considera
tions would usually include which request came first, and which alleged crime was more serious.
Most of the lawmakers who signed the letter are from the opposition Labour Party, whose leader, Jere
my Corbyn, wants Britain to refuse to send Assange to the US After Assange’s arrest, he prai
sed Assange for exposing US atrocities committed in Iraq and Afghanistan.
Some Conservative Party members are also backing the move. Prom
inent lawmaker Alistair Burt, a former Foreign Office mini
ster, said the “minimizing of the issues in relation to sexual assault are really quite disturbing.”
He said the testimony of the women who have been involv
ed makes it “essential” that Assange face justice to either be cleared or convicted.
Assange, 47, has denied the sexual misconduct allegations, which he claims are politically motivated.
Find X in Paris, marking its official foray into Europe. As of January, it had entered nine European markets, including Italy, Spain, and the United Kingdom.
Wu Qiang, who is in charge of Oppo’s overseas business, said the company is not adopting an aggressi
ve strategy in overseas markets. Instead, it strictly follows CEO Chen Mingyong’s principle of “eating rice bite by bite”.
“We will only enter the next market after doing a good job in existing markets,” Wu said.
Oppo’s intensified interest in foreign countries came after the Chinese sma
rtphone market hit a saturation point, with shipments declining for several quarters.
From September to December of 2018, smartphone shipments in China plunged almost 10 pe
rcent year-on-year, according to data from market research company International Data Corp or IDC.
Though Oppo outgrew the industry average to achieve an annual expansion rate of 1.5 pe
rcent in that time-frame, there is still a pressing need to look for new opportunities, Wu said.
Based on the individual income tax differentials between the Chinese mainland and
Hong Kong, overseas high-end talent and professionals in short supply that work in the Greater Bay Area will g
et subsidies from Guangdong province and Shenzhen municipality to offset the differentials, according to the MOF.
The subsidies will be exempt from paying individual income tax.
The policy, effective from January 2019 to the end of 2023, applies to nine cities in Guangdo
ng — Guangzhou, Shenzhen, Zhuhai, Foshan, Huizhou, Dongguan, Zhongshan, Jiangmen and Zhaoqing, the ministry said.
It said the move aimed to encourage the development of the Guangdong-Hong Kong-Macao Greater Bay Area.
Consisting of the Hong Kong and Macao special administrative regions and the nine cities in
Guangdong, the area covers 56,000 square km. It had a combined population of about 70 million at the end of 2017.