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As the novel coronavirus epidemic continues to spread across the region, with Hong Kong's tourism, retail and catering sectors taking the brunt of the impact, a host of enterprises have applied for tax deferrals involving HK billion in delayed profit tax returns for the SAR government in the next financial year, according to Alfred Chan, tax director at Deloitte China.

As the country's economy and business activities continue to normalize, household incomes at the provincial level also saw improvement. For cities, Shanghai and Beijing continued to lead the rankings in terms of per capital disposable income, which exceeded 34,000 yuan in both cities in the first half, said the NBS.

As the new threshold of personal income tax, raised from 3,500 to 5,000 yuan per month, is set to take effect on Oct 1, the State Council said on Thursday it will also hurry to set a clear scope and standards for six special expense deductions to ensure the threshold is significantly higher than 5,000 yuan, according to a report by China Business News.

As the first panda on loan, Bai Yun, arrived at the San Diego Zoo in 1996. The cuddly panda soon became an iconic image of the zoo and one of the most popular animals. The name of her son, Xiao Liwu, means Little Gift in English.

As the heating season kicks off in Henan province, the number of people using electricity and gas to keep their homes warm has risen this winter.