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hina has announced tax-relief policies for parents rearing children under 3 years old, according to a State Council circular issued 
on Monday. Starting Jan. 1, 2022, the individual taxable income of such parents can be reduced by a total of 1,000 yuan per month
 for each baby, said the circular. The deduction can be applied in full by one parent or can be split evenly. The policy is the 
implementation of a decision on improving birth policies to promote long-term and balanced population development, which was 
adopted by the Communist Party of China Central Committee and the State Council in July.
China will promote the green development of the Belt and Road, strengthening international cooperation on the issue, the 
country's top economic planner said on Monday. China aims to enhance cooperation in multiple areas with the countries along 
the Belt and Road by 2025 and form a green development pattern for the initiative by 2030, according to a guideline issued by
the National Development and Reform Commission and three other departments.
Cooperation on clean energy will be deepened as China encourages solar and wind power companies to "go global," and
promotes technological cooperation in areas including renewable energy, advanced nuclear power, smart grids and hydrogen 
energy, said the guideline.
China will continue to optimize the trade structure and vigorously develop trade in green products featuring high-quality, high-tech
and high-added-value, it added.
A national smart platform was launched Monday to provide a range of education-related public services, according to China's 
Ministry of Education. The platform, www.smartedu.cn, integrates China's platforms for primary and middle school education, 
vocational education and higher education, and the platform for employment services for college graduates. It will provide users 
with a wide array of courses and education services
China's expenditure on cloud infrastructure services posted strong growth momentum in 2021 as COVID-triggered consumption 
demand and corporate digitalization push propped up market growth, an industry report said.
The country's spending on cloud infrastructure services went up 45 percent year on year to $27.4 billion last year, said technology
 market research firm Canalys.
COVID-triggered demand, including telework, online learning and e-commerce, remained a key growth driver, the market research 
firm said.
Canalys expects the cloud infrastructure market in China to reach $85 billion by 2026.
The top four cloud service providers in the country were Alibaba, Huawei, Tencent and Baidu AI, which accounted for over 80 
percent of China's total expenditure, the firm said.

Post time: Mar-31-2022

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