October 1, the first day of the National Day, except for the price reduction of scenic spot tickets and toll-free on highways, there are many policies which are greatly concerned with our life and work will be unveiled from October 1.
Let’s see what changes will take place!
Personal income tax threshold will
be increased to 5,000 RMB/month
The policy of new personal income tax threshold will be put into effect from October 1, 2018. Personal income tax law stipulates that from October 1, 2018, to December 31, 2018, the taxable income is the amount deducts the amount of 5,000 yuan from taxpayers’ salary, wage, monthly income and other legal deduction amount.
© Image | 搜狐
The tax amount should be paid based on individual income tax rate (general applicable) by month and there is no other additional deduction fee. (The same applies to foreigners in China)
QS mark is forbidden
in food production
October 1, 2015, the new Food Safety Law has stated that instead of using QS mark, newly registered food producers should mark new food production license number on food packages or labels.
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Foods produced from October 1, 2018 are not allowed to be packaged with original packages and labels or to be marked with QS mark.
New system is applied to
e-payment of custom tax
In order to simplify the process of paying customs tax and improve the efficiency of tax storage, the general administration of customs will close the old e-payment of customs tax system and will start the new system.
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Thus, enterprises can choose the ways of payments or use the new system by entering the platforms of “Single Windows” and “Internet+Custom”.
New regulation about
human resourse
From October 1, 2018, with the implement of new regulation, job hunting, recruitment and human resource service activities through human recourse in China will be systematically improved.
© Image | XINHUANET/REUTERS
For individual applicant
Should provide basic information, relevant knowledge, skills, working experience of the position faithfully.
For employers
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Should observe the national regulation of setting human resources to flow in any household registers, regions and identifications etc.
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Recruitment information should be true and legal and should not contain any contents of nations, sex, religions and beliefs with discrimination.
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Should conclude labor contracts with employees in accordance with the laws and manage social security for employees.
Online service for compensation
of traffic accidents
During traffic accident disputes, individuals involved can apply for conciliation or lawsuit through the official website, or work out claims expenses on claim settlement calculator to resolve the disputes.
Divided visiting period
in Canton Tower
From October 15, divided visiting period will be implemented fully in Canton Tower, which will become the first tower scenic spot with a divided visiting period in China and even in the world.
© Image | XINHUANET/REUTERS
The opening hours in Canton Tower is from 9:30 am to 22:30 pm, dividing the visiting periods into 7 periods each 2 hours.
© Image | XINHUANET/REUTERS
Talent introduction policy
Guangzhou Municipal Human Resources and Social Security Bureau announces the notification about simplifying documents and improving the application materials for Guangzhou talent introduction households.
© Image | hrssgz.gov.cn
It greatly simplifies the process of register residence, and the numbers of documents are reduced from 12 to 2 and only supplement materials are required. Besides, the time of social security is reduced from 12 months to 6 months. The new rule will be put into effect from October 1, 2018, which indicates it will be easier to settle in Guangzhou.
Regulation of parking lot
The high-profile Guangzhou parking lot regulations will be implemented from October 1, 2018:
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Negotiation of residential parking charge should be based on relevant rules.
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“Parking meter” fee will be started again.
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Charges for temporary parking on the roads will be opened to society.
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