Home / Major earthquake slams SW China / Relief efforts Tools: Save | Print | E-mail | Most Read | Comment
Earthquake reconstruction financing plan unveiled
Adjust font size:

State Council on Monday unveiled a raft of fiscal measures to support reconstruction after the May 12 earthquake, including the exemption of corporate income taxes this year for companies that suffered heavy losses.

The Cabinet announced a range of policies, including taxation, credit and employment policies, to support reconstruction as well as tax relief for company's funding reconstruction.

It also promised a six-month extension on all loan repayments in arrears due to the quake.

The State Council said affected companies would be given priority in applications for initial public offerings on the stock market or refinancing plans if already listed.

"The affected organizations are also encouraged to raise funds for reconstruction on the bond market," the Cabinet announcement said.

Insurance institutions would be instructed and coordinated to invest funds in key reconstruction projects as well as infrastructure in the quake zone, according to the statement.

The magnitude-8.0 quake that jolted southwest China's Sichuan Province last month had claimed 69,195 lives as of Monday noon. The number of the injured stayed at 374,177 and people reported missing dropped one from Sunday's figure to 18,403.

The State Council also announced on Monday that new homes for survivors would be exempted from land use and other land-related taxes.

In addition to subsidies averaging 10,000 yuan for each homeless household, the Cabinet said interest on home loans to quake survivors would be lowered by 40 percent, compared with the benchmark interest rate.

The minimum down-payment would be cut to 10 percent of the loan, compared with 20 to 50 percent in other parts of the country.

The State Council also pledged to find employment for at least one member of each jobless family, and to subsidize the required social security insurance for companies that employed such people.

(Xinhua News Agency July 1, 2008)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
Most Viewed >>
- Story of Tibet: a Tibetan family in 6 decades
- Electric, leisure, sport vehicles exhibit in Beijing
- New high-speed train to serve Olympics
- A baby bear rescued 38 days after the earthquake
- Chinese offers $2.11m for lunch with Warren Buffett
主站蜘蛛池模板: 成人精品视频一区二区三区| 1000部国产成人免费视频| 毛片基地免费观看| 国产婷婷一区二区三区| www.天天色.com| 护士强迫我闻她的臭丝袜脚| 亚洲成a人v欧美综合天堂麻豆 | 好吊妞这里有精品| 亚洲av无一区二区三区| 知乎的小说哪里可以免费| 国产成人综合美国十次| freehd182d动漫| 日本片免费观看一区二区| 亚洲一区二区三区欧美| 精品一区二区三区在线观看视频 | 久久久久人妻精品一区蜜桃| 欧美日韩视频免费播放| 国产一区美女视频| 黄色网址免费大全| 在线免费一区二区| 久久91精品国产一区二区| 欧美性猛交xxxx乱大交3| 午夜老司机永久免费看片| 免费在线观看成人| 国产精品亚洲精品青青青| 一区视频免费观看| 日韩中文字幕高清在线专区| 亚洲精品国产成人中文| 色欲狠狠躁天天躁无码中文字幕 | 国产精品亚洲专区无码不卡| 777精品视频| 少妇人妻精品一区二区| 中文字字幕在线| 最近中文字幕高清免费大全8| 人人妻人人澡av天堂香蕉| 老子影院午夜伦手机不卡无| 国产男女猛烈无遮挡免费视频网站| 一本一道dvd在线观看免费视频 | 精彩视频一区二区| 国产国产人成免费视频77777| 91色视频网站|