2019 March 06

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Here is the Belt & Road Today brought to you by Belt and Road Advisory

  1. During the Two Sessions China unveiled a plan to cut $298bn of taxes in order to boost economic growth. VAT for transportation and construction sectors will be decreased from 10% to 9% and VAT for manufacturers from 16% to 13%. - Read more

  2. The GDP target for 2019 was set to 6% to 6.5% by Premier Li Keqiang. It is another signal of economic slowdown in China. The goal for 2018 was set at “around 6.5%”. - Read more

  3. In his speech to 13th National People’s Congress NPC , China’s Vice-Foreign Minister Zhang Yesui says that China will attach greater importance to the issue of debt sustainability within Belt and Road projects. - Read more

  4. Premier Li Keqiang urges HongKong and Macau to seize opportunities presented by both Greater Bay Area project and the Belt and Road Initiative. - Read more


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GS