日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

China against tax haven tag for its SARs

(China Daily)
Updated: 2009-04-03 08:07

China is opposed to labeling its two special administrative regions (SAR) - Hong Kong and Macao - as tax havens in a list proposed at the London G20 summit, Foreign Ministry spokesman Qin Gang said yesterday.

"China supports the international community's efforts to tighten financial regulation, crack down on tax evasion, and international cooperation to prevent tax evasion," Qin told a regular press conference.

Special Coverage:  G20 Financial Summit Related readings:  Hong Kong chosen for yuan settlement pilot  Hong Kong dreams go sour as crisis worsens  In Europe, widening probe targets tax haven

However, "it is groundless to label Hong Kong and Macao as tax havens, to which China expresses firm opposition," he said.

China has been proposing for many times since the financial crisis started that the international community should enhance cooperation and weather the financial crisis together, Qin said.

"China plays an active and constructive role in the international community efforts on tackling the international financial crisis, reform of the international financial and monetary systems, and tightening financial regulations," he said.

Hosting Asia's largest listed bourse, Hong Kong has long been a financial and trade hub in Asia Pacific region.

At the G20 summit in London yesterday, world leaders agreed to tighten regulations on the banking sector.

They also agreed to list tax haven areas, which will be published by Economic Cooperation and Development.

Xinhua - China Daily

China Effort

• China buys IFC bonds, backs trade finance
• Shopping team headed for US tour
• China, Argentina to push for equitable financial system
• Vice premier calls on G20 to fight crisis unitedly
• China calls for increasing cooperation with EU
• more

Global Action

• G20 leaders agree on supervisory body
• G20 summit progress despite differences
• G20 leaders mull tripling of funds available through IMF
• Desperate world leaders meet on economic woes
• UK's Brown hopeful for G20, says more to be done
• more

Related Coverage

• Hu at G20 and APEC
• China Statistics
• 2009 NPC and CPPCC
• Chinese Economy
• World Financial Crisis
• more