China News Digest for October 15 - 21, 2015
Improved Tax Policies to Promote Innovation, Entrepreneurship

China will optimize its preferential-tax policies for firms engaged in research and development starting from 2016, as it moves to boost innovation and mass entrepreneurship. Starting from Jan. 1, more R&D activities will be covered by the improved policy, further reducing the taxable income of enterprises, according to a statement released after a State Council executive meeting presided over by Premier Li Keqiang on Wednesday
 
Xinhuanet (English)
www.gov.cn (Chinese)

Related:
Premier Urges Deeper Reforms. New Engines
People's Daily (English)

China to Explore New models to Encourage Innovation and Entrepreneurship
People's Daily (English)
www.gov.cn (Chinese)

Innovation Propels New Business Model

Beijing Promotes Low-Paid College Grads to Startup CEOs
New York Times (English)

China Drives Global VC Funding to Record High
 

China Aims to Go Deeper Into Space

As China's exploration of the moon progresses, its space experts have begun considering going deeper into the solar system. Liu Jizhong, director of the lunar exploration program and space engineering center, pointed out that China still needs to tackle key problems, such as how to go into deep space at higher speeds; generating energy and power; and developing space robots that can work in the complicated space environment.

People's Daily (English)

Related:
China Puts New Communication Satellite Into Orbit for HK Company
People's Daily (English)

China's New-Type Airship Reaches World-Leading Level
People's Daily (English)


Gates Foundation, National Natural Science Foundation of China Announced Plans to Establish Grand Challenges China Program

The Bill & Melinda Gates Foundation and the National Natural Science Foundation of China (NSFC) announced today plans to establish a Grand Challenges (GC) China in the near future, a new partnership under a Memorandum of Understanding (MOU) signed between the pair today in a bid to support, strengthen and develop cooperation in scientific and technological research on global health and development

People's Daily (English)
Xinhuanet (Chinese)


Chinese Scientists Remain Among Most Recognized in Sci-Theses
People's Daily (English)

China's High End Manufacturing on the Rise
People's Daily (English)

China to Promote International Cooperation in Marine Science
Xinhuanet (English)

Chinese Firms Want to Build, Finance California High-Speed Train Line
People's Daily (English)

Chinese Firms Eye UK High-Speed Rail Project
People's Daily (English)

China Sets Timetable for Nationwide "Negative List" Approach
People's Daily (English)

Cisco, Qualcom CEOs Chat About China and 'Things'

IBM Allows Chinese Government to Review Source Code

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