Results tagged “taxes”

• Award Offers Expats Lower Taxes [Shanghai Daily] "Shanghai will launch a "financial talent award" soon to make the city more attractive to foreign financial specialists, said Fang Xinghai, director of the Shanghai Financial Services Office, yesterday. The award also allows for a lower tax burden for expatriate financial talents in Shanghai and aims to build the city into an international financial hub by 2020."
• Mindful of Japan, US expert urges caution on China [AFP] "The United States should avoid a formal partnership with China to address global problems as it would hamper the alliance with Japan, an influential US foreign-policy thinker told Congress Thursday."
• 'Excellent' migrant workers get Shanghai hukou [Global Times] "Li Ying, a sanitation worker from Jiangsu Province, was so happy to be given a hukou for Shanghai Wednesday she burst into tears in the police station. Li - who has worked in the city for the past 10 years - was among a group of 40 “National Excellent Migrating Workers” to be given the household registration certificates for the thriving city."

• The World Expo Tunnel, which stretches beneath the Huangpu River, connecting Pudong and Puxi reached its full length on August the 20th: it's 2.67 kilometers long, and located 1.117 kilometers below the river.
• The soccer World Cup qualifier match between North and South Korea has been moved from Pyongyang to Shanghai, because the North had refused to play the anthem or fly the flag of its opponent (technically the two Koreas are still at war). The match is scheduled for September 10, sounds like an interesting game, eh?
• Migrant workers in Shanghai will be able to claim unemployment benefits and have the right to get health benefits while they are employed. This was stated by the department of safety in labor this week. Welcome news for a group who are definitely in need of a few more rights.

5) Other conditions regulated by the State Council

Comments below don’t necessarily represent the Shanghaiist’s point of view or opinion regarding the Canadian government (we don't want them to hold a grudge and kick us out of Canada too!)… we just received it recently from the Busdriver promoter and thought it was kind of funny… shows are still on in Beijing and Shanghai…..and we are as giddy as a school boy in the girls locker room to see Busdriver play live!

Shanghaiist is somewhat of a frequent flyer to Beijing, and because he isn't employed by some big multinational but rather runs his own little business, he can only afford to put himself on cattle class and often has to scour the internet for the cheapest available deals. We especially love this nifty little function on eLong.com which shows you the cheapest available flight within a week of your selected departure date. That has worked to our advantage in the past because we have relatively flexible schedules, and we have flown to Beijing for as low as RMB530 (that's RMB400 for the ticket and RMB130 for miscellaneous taxes) on Hainan Airlines.

We're sure that you're all sick and tired of hearing about the Chinese stock market, but since we're struggling bloggers, we get vicarious thrills by talking about things that people with money do. Stocks in China took a slight tumble on Friday, amid more concerns that stock capital gains taxes were in the works. Everyone is still debating whether or not the stock market is a bubble or not, but some analysts say that whatever market corrections come won't have a hugely deleterious effect on the economy either in China or abroad.

The lyrics were written by a Shanghai man named Gong Kaijie (龚凯杰), who's been playing the stock market for ten years and knows of what he writes. And although he was the one that provided the initial spark of creativity that made this happen, it is the singer of the song, 24 year-old Shanghai native Wang Bei (王蓓) that lent her voice to the words. Wang once wanted to be a star, but was weeded out of the pop-star manufacturing assembly line TV shows such as Super Voice Girls (超级女声). It looks like she might still have her chance.

Just what exactly is the attitude of people in Shanghai towards luxury items? It seems, from some reports, that China is the third largest market for luxury items after the US and Japan, with the added benefit of less taxes to "curb barbaric luxury consumption." Once the province of super-rich (men), luxury goods consumption in China is now in part being driven by women. Another interesting phenomenon is that people in Shanghai are more cynical towards brand-names than are people in second-tier cities, who are now the hard-core true believers.

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LAist has so much fun this week! They go to E3, where they overhear the timeless remark "Man, this is where nerdy girls get laid." Is that a promise? They also give us this week's best CDs and make us realize that LA is the best place to use Zillow.

Photo by Captain Video taken from the Shanghaiist photos page. To see your photos on our photos page, use Flickr and tag your photos "shanghaiist". Or you can email your photos to photos@shanghaiist.com and they will automatically appear on our site.

The agricultural tax levied on China's peasants since 594 BCE has now been officially abolished, promising to spare the country's 900 million peasants a total of 50 billion yuan a year (on average, each peasant pays 55 yuan in tax per year). You can read a Chinese report here. Though the new law takes effect on January 1, 2006, taxes on peasants had already been scaled back significantly in the majority of China's provinces previously. January 1 just marks the official end for the entire country.

Photo of Glen Frey, whose song "Smuggler's Blues" was a hit in the mid-80s, from eaglesfans.com.