1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
S&P Announces Argentina Defaulted
S&P Announces Argentina Defaulted
Child Labor Legalized in Bolivia to Reduce its Risks
Child Labor Legalized in Bolivia to Reduce its Risks
Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
War Does Not Stop Law Firm Mergers in Israel
War Does Not Stop Law Firm Mergers in Israel
Job Listings

China Growth Measures and Railway Spending

facebooktwittergoogle_plusredditpinterestlinkedinmail

Bloomberg News has reported that China has outlined a package of measures including railway spending and tax relief to help support the economy and to create jobs. It has been reported that the government will sell 150 billion yuan of bonds this year to help build railways mainly in the less-developed regions.

China plans to build more than 6,600 kilometers of new rail lines this year. The government has said that “We must roll out policies that spur businesses’ vitality, effectively increase demand and boost jobs.” In a statement the government also shared that the acceleration of rail projects will “increase effective investments and lead the development of relevant industries.”

BBC News has reported that the Chinese government said that it will cut taxes on small firms and speed up the construction of railway lines. Chinese authorities said that they will also extend tax provisions granted to small businesses into 2016.

A chief economist with Everbright Securities Co., Xu Gao, in Beijing reported that “As the growth rate is decelerating to the lower end of a reasonable range, Premier Li is trying to do something to get growth back on track.” According to Bloomberg News, Xu Gao said that “It’s a mini-stimulus package designed to stabilize growth.”

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


“We will find innovative ways including fiscal and financial methods tosteady economic growth,” the cabinet reported in a statement on the government’s website.

It has been reported that, Last month, during the annual National People’s Congress, the Chinese government kept its annual growth target at 7.5%. According to The Wall Street Journal, China grew 9.2% in 2009, a year when the global economy fell into recession.

Image Credit: www. thai.cri.cn

China Growth Measures and Railway Spending by

facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , ,

Jaan Posted by on April 3, 2014. Filed under Home,World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Contract Employment Law Litigation Attorney
USA-TX-Dallas

Our client is seeking our help finding an employment law litigation attorney with 5 years experience.  This is a long term contract position which has a high probability of converting to a direct...