This is the IC thread for Genesis 2089. If you are interested, please check out the OOC thread link above for the full information about the world as well as the application.------------------
by Forest State » Thu May 13, 2021 8:40 am
This is the IC thread for Genesis 2089. If you are interested, please check out the OOC thread link above for the full information about the world as well as the application.------------------
by Sao Nova Europa » Thu May 13, 2021 12:44 pm
President Tao Gengxin attends Beijing Economic Forum
Preside Tao Gengxin attended the annual Beijing Economic Forum, which has been dubbed by international analysts as the 'Chinese Davos'. In his speech, the President announced measures to support Chinese start-ups and his desire to reform and strengthen the public education system. "My vision of China," he stated, "is that of an open, forward-looking country that is at the forefront of innovation. We cannot allow our country to fall behind, to stagnate. We need instead to support and encourage innovation and progress."
"China is home to many young, bright entrepreneurs with groundbreaking ideas that could very well dominate the world market. We need to support those entrepreneurs and their innovative start-ups, so that one day some of them can become global financial leaders. My administration has developed a comprehensive 'Support Chinese Entrepreneurs' agenda, based on plans drafted by some of the best economists of China. At the top of this agenda is to provide new start-ups with direct grants of CN¥32,000 (US$5,000). This will be an one-off payment that deals with the major problem entrepreneurs have; the lack of cash to launch their start-up."
"Secondly, the China Development Bank shall provide over the next ten years over CN¥640bn (US$100bn) worth of loans to entrepreneurs with a low interest rate of 1%. This will allow entrepreneurs to have a steady flow of cash to develop their start-ups. Thirdly, we will be implementing tax reforms. Chinese start-ups will have to pay no tax for their first year of operation and only half the standard taxation in their second year. This reform aims to give start-ups the time to flourish before they can begin to contribute to the national budget."
"After discussions with the mayors of major cities, we've also come up with a plan to deal with the problem of space. While the rapid digitization of the economy means that physical space is no longer the concern it was in the past, it can still be a necessity - and a hurdle - for some start-ups. The 'Space Sharing Scheme' will be a platform for owners of revitalized industrial buildings and commercial buildings to contribute floor space for the operation of co-working spaces or studios. Under the scheme, the floor space will be either operated by the property owners themselves, or provided to a non-government organization at a rent of no more than one-third of the prevailing market rent. The operator will then offer co-working spaces or studios at a concessionary rent of no more than half of the comparable market rent."
"While I am a firm believer in supporting Chinese entrepreneurship, I also understand that supporting start-ups alone is not enough for China to remain at the forefront of innovation: I believe that having a skilled, highly-trained and well-educated workforce is vital for a healthy market. Only a strong and competent public education system can produce such a workforce. We need to have a real discussion about reforms in our educational system, to prepare our children for the economy of the future, the economy of Synths and space colonization. We need less generalized knowledge and more technical education that will allow children to acquire the necessary skillsets to survive and thrive in that new environment. This requires increased funding for school infrastructure, hiring more and better educated teachers, changes in the school curricula, even expanding school hours.”
The financial press has praised the President for his speech and the Chinese public has also reacted enthusiastically. Many in China believe that this bold financial agenda will give Chinese entrepreneurs the edge over their Western competitors.
by Sao Nova Europa » Thu May 13, 2021 2:27 pm
by Lunas Legion » Fri May 14, 2021 8:05 am
by Estanica » Fri May 14, 2021 11:25 pm
CHAPTER I
"Big Game Hunt"
by The Empire of Tau » Sat May 15, 2021 8:54 pm
by Rodez » Sat May 15, 2021 9:46 pm
by Madrinpoor » Sun May 16, 2021 8:02 am
by Lunas Legion » Mon May 17, 2021 6:32 am
by Forest State » Mon May 17, 2021 12:09 pm
by Forest State » Wed May 19, 2021 11:41 pm
by Durmatagno » Thu May 20, 2021 12:39 am
by Forest State » Thu May 20, 2021 1:02 am
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by Forest State » Thu May 20, 2021 2:07 am
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by Forest State » Tue May 25, 2021 8:26 am
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by Lunas Legion » Thu Jun 03, 2021 7:59 am
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by Forest State » Sat Jun 12, 2021 7:53 am
by Lunas Legion » Sun Jun 13, 2021 8:49 am
by Theyra » Thu Jun 17, 2021 9:27 pm
by Oblivion2 » Fri Jun 18, 2021 6:41 am
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