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US, Taiwan finalise deal to cut tariffs, boost purchases of US goods
Yahoo Finance· 2026-02-13 01:54
Trade Agreement Overview - The Trump administration finalized a reciprocal trade agreement establishing a 15% U.S. tariff rate on imports from Taiwan, while Taiwan commits to lowering or eliminating tariffs on nearly all U.S. goods [1][3] U.S. Goods Purchase Commitment - Taiwan is set to significantly increase its purchases of U.S. goods from 2025 to 2029, including $44.4 billion in liquefied natural gas and crude oil, $15.2 billion in civil aircraft and engines, and $25.2 billion in power grid equipment and generators [2] Tariff Adjustments - The agreement reduces tariffs on Taiwanese goods from 20% to 15%, aligning Taiwan with South Korea and Japan, its main Asian export competitors [3] - Taiwan secured exemptions from reciprocal tariffs for over 2,000 product items exported to the U.S., lowering the average tariff on U.S. exports to 12.33% [5] Economic Impact and Strategic Partnership - Taiwan's President emphasized the agreement as a pivotal moment for economic transformation, aiming to optimize the Taiwan-U.S. economic framework and establish a high-tech strategic partnership [4] Investment Pledge - The agreement includes a commitment from Taiwan to invest $250 billion in U.S. semiconductor, energy, and AI production, with $100 billion already pledged by Taiwan Semiconductor Manufacturing Corp [6] - Taiwan's representative office in the U.S. will work with U.S. authorities to facilitate new investments in strategic high-tech sectors [7] Agricultural Tariff Changes - The deal will eliminate Taiwan's tariffs of up to 26% on many U.S. agricultural imports, while some tariffs will be reduced to 10% [7]
春运首周全省发送旅客143.27万人次
Xin Lang Cai Jing· 2026-02-09 19:16
Group 1 - The core focus of the news is on the efficient and safe transportation measures implemented during the Spring Festival travel season in Qinghai Province, ensuring a smooth travel experience for the public [1][2] - During the first week of the Spring Festival, a total of 1.4327 million passengers were transported across various modes of transport in the province, with road transport accounting for 966,600 passengers (67.47%), rail transport for 340,900 passengers (23.79%), and air transport for 125,200 passengers (8.74%) [1] - The total traffic volume on roads in the province reached 1.9152 million vehicles, with highway traffic at 1.5029 million vehicles, showing a decrease of 4.04% compared to the same period in 2025, while ordinary national and provincial highways saw a 2.76% decrease with 412,300 vehicles [1] Group 2 - The provincial comprehensive transportation Spring Festival work team dispatched two working groups to conduct inspections in various regions, focusing on major risk identification and control, as well as safety production in road transport enterprises [2] - All member units of the provincial comprehensive transportation Spring Festival work team implemented multiple measures to ensure service and safety during the travel period, aiming to guarantee orderly travel for the public [2] - In terms of postal and express delivery, the province collected a total of 2.2877 million express items, marking an 11.76% increase compared to the same period in 2025, while the delivery of express items reached 11.6401 million, reflecting a 2.56% decrease [1]
中国(上海)自贸试验区临港新片区重点产业企业减按15%税率征收企业所得税政策
蓝色柳林财税室· 2025-10-28 14:38
Core Viewpoint - The article discusses the tax incentives provided by China to support the development of the manufacturing industry, particularly in the Shanghai Free Trade Zone's Lingang New Area, where eligible enterprises can benefit from a reduced corporate income tax rate of 15% for five years [1][2]. Summary by Sections Tax Incentives for Manufacturing - The key industries eligible for the 15% corporate income tax rate include integrated circuits, artificial intelligence, biomedicine, and civil aviation [1]. - The policy is effective from January 1, 2020, and applies to qualifying enterprises that register in the new area [2]. Eligibility Criteria - Eligible enterprises must meet specific conditions, including: 1. Registration in the new area since January 1, 2020, and engaging in substantial production or R&D activities in the specified key sectors [3]. 2. At least one key product or technology in their main R&D or sales offerings [3]. 3. Investment entity conditions, such as being a leading player in international or domestic markets with strong technical capabilities [4]. 4. R&D and production conditions, including having a core team and established intellectual property rights [4]. Application Process - Enterprises must submit monthly and quarterly prepayment declarations for corporate income tax and annual tax settlement declarations [5]. - Required documentation includes self-declaration for tax incentive qualification and retention of relevant materials for review [6]. Application Methods - Applications for tax incentives can be processed through online platforms like the electronic tax bureau or in-person at tax service halls [7]. Policy Reference - The tax incentive policy is based on the notice from the Ministry of Finance and the State Administration of Taxation regarding corporate income tax policies for key industries in the Shanghai Free Trade Zone's Lingang New Area [8].