The producer price index showed factory activity had moved out of deflation territory in September after dropping for 54-consecutive months.
The problem brought a criminal conviction and fine against Takata and forced the Japanese company into bankruptcy protection.
The premier said in his government work report earlier this month that efforts will be made to further lighten the tax burden on businesses. The government will reform and improve VAT, consolidate the three tax brackets into two and adjust tax rates, prioritize lowering rates in manufacturing and transportation, and raise the threshold for the annual sales volume for small-scale taxpayers.
The program aims to establish alliances among customers from industries, including finance, internet, media, advanced manufacturing and medical health, it said.
The president said SAP is in a good position to help promote infrastructure connectivity, unimpeded trade and financial integration, which are among the top priorities of the Belt and Road Initiative.
The prime minister said that Malaysia admires China's miracle of independent development and great achievements in industry and commerce. Malaysia would like to learn from China's successful experience of development, boost innovation and achieve greater development for the country, he said.
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The profits of software and information technology services in core industries surged by 1,065.9 percent in the January-May period on a yearly basis. The revenue of online entertainment and online education enterprises rose by 8.2 percent and 22.7 percent year-on-year, respectively, Hu added.
The president is meeting with European Commission President Jean-Claude Juncker on Wednesday. The US and its European allies are meeting as the dispute threatens to spread to automobile production.
The project contracted by China Aerospace Construction Group Corporation or CACGC is a key driver of Kenya's national development plan, known as Kenya Vision 2030. According to the government plan, Konza Technopolis will be a world-class city, powered by a thriving information, communications and technology (ICT) sector, superior reliable infrastructure and business friendly governance systems.
The prompt processing of rebates had helped ease the financial pressure on exporters and contributed to efforts to keep foreign trade stable, he said.