News Article

The monthly growth rate for profits of industrial enterprises turned positive for the first time in May, a key economic barometer that further proved economic recovery was accelerating.

Since June 1, five rounds of heavy rainfall have hit southern China, and nearly 1.5 million square kilometers of land have seen at least 200 millimeters of accumulated precipitation.

Companies in tourism, modern services and high-tech sectors in the island province will be exempt from paying income tax for their proceeds from new outbound direct investments.

A total of three new COVID-19 cases were reported on the Chinese mainland on Tuesday, all were local transmissions, with no more deaths, according to Chinese health authorities on Wednesday.

Hong Kong's status as an international financial center will not be undermined by the sanctions imposed by the United States, and China has full confidence in the special administrative region's future.