In Chongqing, the trial tax is focused more on taming investment speculation in high-end properties, with the rate set between 0.5 percent and 1.2 percent of the property price annually.
In June 2017, the WTO agreed with the EU in a ruling saying that the United States had not fully complied with the 2012 request asking it to remove the subsidies, citing the case of Washington state's tax breaks.
In December 1987, the UN General Assembly adopted a resolution to observe June 26 as the International Day Against Drug Abuse and Illicit Trafficking. Activities in China to mark the day this year are themed "Healthy life, green and drug free."
In June, for example, a 10-year-old girl in Nanjing, Jiangsu province, was injured by objects thrown by another child from a building, and earlier that month a 20th-floor apartment window in Guangdong province fell on the head of a 5-year-old boy who was on the way to kindergarten with his mother.
In June, Wei met a teacher from admission office of Tsinghua who wanted to enroll him. After the initial excitement, Wei and his mother began to worry about how they will live in Beijing.
In Hong Kong, Charles d'Haussy, head of FinTech at InvestHK, who's spearheading a campaign to promote the city as the region's premier fintech hub, has struck an optimistic note, saying there has been a growing number of lawyers and big consulting companies that can help enterprises design ICOs legally with healthy legal governance.
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In July, Governor Gavin Newsom signed into law a billion wildfire insurance fund. It protects homeowners from skyrocketing rates while requiring electric providers to pay for damages linked to their equipment.
In January last year, President Xi Jinping said during an inspection trip that Chongqing is "full of promise" and set to become an inland international logistics hub.
In June 2018, for the first time in more than three decades, Tianrong Sports staged a Grand Prix in London, with the hope of further developing its overseas market.
In June, 24 academicians from the Chinese Academy of Sciences and the Chinese Academy of Engineering who were working in the Hong Kong Special Administrative Region wrote a letter to Xi to express their will to contribute to the country and their enthusiasm for developing innovative science and technology.