Rules to ease financial burden of residents

Tax incentives for the lump sum annual bonuses earned by residents in China will continue for the next three years, the Ministry of Finance said on Thursday.

Tariff changes aim to cut drug prices

China has decided to cut tariffs on a range of imported raw materials used in medicines, which industry analysts said signaled the government's heightened efforts to reduce high drug prices and improve people's healthcare, in addition to further opening up the economy.

Central SOEs creating employment opportunities in overseas markets

Central State-owned enterprises of China are playing a key role in the success of overseas projects by creating increased, equal employment opportunities in several countries, in line with the principles outlined in the nation's ambitious Belt and Road Initiative, a new report said.

IN BRIEF (Page 5)

Shenzhen may loosen housing rules

Residential property sales of Shenzhen, Guangdong province could increase next year, as the city might lift its housing restrictions amid slower economic growth, according to industry insiders.

KPMG: fintech firms ramping up efforts in big data

Big data, comprehensive finance and insurance technologies ranked among the top three financial technologies in terms of the number of related companies featuring in KPMG's 2018 China Fintech 50 list, issued on Friday.

JD counts on buyback to boost share price

Industry insiders said JD's announcement of a $1 billion share buyback program will reassure investors and boost its currently falling stock price, after authorities in the United States decided not to charge the e-commerce giant's CEO Liu Qiangdong for alleged sexual assault.

Constructive China-Japan ties help build community spirit

In a sign of continuously warming relations between Beijing and Tokyo, Japanese naval forces are reportedly expected to send warships on a courtesy visit to Qingdao next April, to take part in the parade to mark the 70th anniversary of the establishment of the People's Liberation Army's Navy.

Manipulated TV ratings give false picture

ON WEDNESDAY, the National Radio and Television Administration introduced a comprehensive evaluation system for television stations with the aim of producing a true, reliable survey of audience rating data. Xinhua News Agency comments:

US has blotted copybook acting as world's policeman

Whether the world needs the United States to play the role of global "policeman" has been increasingly questioned in recent years, as its interventions in the affairs of other countries have consistently done more harm than good.

Authorities must act to ensure zero tolerance for health scams

A POST WIDELY CIRCULATED ON THE SOCIAL MEDIA has put the Tianjin-based Quanjian Group, a health product company, in the center of a storm of public criticism, as it exposes that the group's "secret anti-cancer recipe" medicine led to the death of a 4-year-old cancer patient in the Inner Mongolia autonomous region three years ago. Science and Technology Daily comments:

Society effective defense against antisocial threats

Editor's note: Eight people were killed and 25 others injured after a hijacked bus plowed into pedestrians in Longyan, Fujian province, on Tuesday afternoon. The suspect, an unemployed man in his 40s, is in police custody. According to the local government, the man had a grievance against officials in his neighborhood committee and he wanted to take revenge on society. Lyu Dewen, a sociology researcher at Wuhan University comments in a post published by People's Daily on its WeChat account Xiakedao: