Min­istries ad­dress con­cerns overZika, in­sur­ance

China Daily (USA) - - POLICY REVIEW - By ZHANG ZHOUXIANG zhangzhoux­i­ang@chi­nadaily.com.cn

Min­istries at the State Coun­cil, or China’s Cab­i­net, have re­sponded to pub­lic and me­dia con­cerns over a se­ries of poli­cies and mea­sures they have adopted re­cently, such as tack­ling the Zika virus and the reg­u­la­tion of in­sur­ance ser­vices.

On Sept 7, the Gen­eral Ad­min­is­tra­tion of Qual­ity Su­per­vi­sion, In­spec­tion and Quar­an­tine is­sued a no­tice to re­mind the pub­lic of the pos­si­ble risks in trav­el­ing to Sin­ga­pore and sev­eral other coun­tries and re­gions where Zika in­fec­tions have been re­ported. By Sept 4, 242 peo­ple had been in­fected with the Zika virus in Sin­ga­pore. Of these, 23 are tourists from the Chi­nese main­land and one from Tai­wan. Zika in­fec­tions have been re­ported in about 50 coun­tries and re­gions, ac­cord­ing to the ad­min­is­tra­tion.

It re­minded those plan­ning to travel to coun­tries and re­gions where Zika in­fec­tions are re­ported to take pre­ven­tive mea­sures against pos­si­ble in­fec­tion, es­pe­cially by cover­ing up and avoid­ing ar­eas where mos­qui­toes might breed, es­pe­cially ar­eas with stag­nant wa­ter. Preg­nant women and cou­ples plan­ning to have ba­bies in the near fu­ture are ad­vised to avoid trav­el­ing there.

num­ber of peo­ple from Chi­nese main­land that had been in­fected with Zika virus in Sin­ga­pore as of Sept 4

Those re­turn­ing from the abovelisted coun­tries and re­gions should tell bor­der au­thor­i­ties if they are suf­fer­ing from fever or any re­lated symp­toms of mos­quito bites and should see a doc­tor im­me­di­ately.

The China In­sur­ance Reg­u­la­tory Com­mis­sion is­sued a guide­line on life in­sur­ance prod­ucts, which asked in­sur­ance com­pa­nies to im­prove prod­ucts to bet­ter suit mar­ket de­mand and pre­vent fi­nan­cial risks. The of­fi­cial in charge of this job at the CIRC an­swered jour­nal­ists’ in­quiries about the doc­u­ment, say­ing that they have been im­prov­ing the reg­u­la­tory frame­work for life in­sur­ance prod­ucts and will hold an­swer­able those who de­sign il­le­gal or sub-stan­dard prod­ucts.

The State Ad­min­is­tra­tion of Tax­a­tion pub­lished a doc­u­ment on the State Coun­cil’s of­fi­cial web­site to ex­plain its tax de­duc­tion pol­icy for R&D funds start­ing from this year. Ac­cord­ing to the new pol­icy, since Jan 1, 2016, en­ter­prises have been able to deduct la­bor costs and de­pre­ci­a­tion ex­penses, as well as amor­ti­za­tion of in­tan­gi­ble as­sets from the tax base. The pro­ce­dures and fi­nan­cial records for this sum of money are also sim­pli­fied.

The SAT also an­swered me­dia in­quiries about an­other move it has taken to­gether with the State Ad­min­is­tra­tion of In­dus­try & Com­merce. The two ad­min­is­tra­tions jointly is­sued a guide­line, ac­cord­ing to which ap­pli­ca­tion for business li­censes for an en­ter­prise will be com­bined with its tax reg­is­tra­tion form. With the new­move, en­ter­prises need sub­mit only one set of doc­u­men­ta­tion and go through one pro­ce­dure, in­stead of two. Of­fi­cials from the two ad­min­is­tra­tions said that they in­tro­duced the new sys­tem to echo the top lead­er­ship’s call for sim­pli­fy­ing ad­min­is­tra­tive pro­ce­dures for busi­nesses and help boost the econ­omy by mak­ing it con­ve­nient for them.

The Na­tional De­vel­op­ment and Re­form Com­mis­sion, the na­tion’s top eco­nomic plan­ner, said on Sept 9 that it had al­ready re­quired all sub­or­di­nate depart­ments to strength­en­mar­ket reg­u­la­tory mea­sures dur­ing the up­com­ing Mid-Au­tumn Fes­ti­val and Na­tional Day hol­i­days. Tourist spots that cheat by la­bel­ing their ticket prices am­bigu­ously or force tourists to buy ad­di­tional tick­ets to en­ter other ar­eas within such sites.

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