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As China marks its fourth National Memorial Day for Nanjing Massacre Victims Wednesday, let's take a look at President Xi Jinping’s statements on history and peace.

As Leung explained, equipment manufacturing as well as research and development are included in the Made in China 2025 strategy. These companies usually invest heavily in their early days in machines, plants and all other related facilities. It will take a long time before they finally register sales and profits. With the new policy, the VAT can be retained, which means that companies can enjoy a tax rebate when they eventually report sales results. It can largely secure their cash flow and relieve this tax burden.

As China's flagship for patrol, search and rescue on the high seas, the vessel will greatly promote maritime safety in the Guangdong-Hong Kong-Macao Greater Bay Area, the officials said.

Applauded by members of the public, the soldiers returned to their barracks after speedily completed their work which allowed traffic to resume.

Apple has launched four R&D centers in the Chinese cities of Beijing, Shenzhen, Shanghai, and Suzhou, employing a total of over 1,000 people dedicated to innovation in hardware, software and services, Ge said.