The president pointed out that in the first half of this year, the country's main economic index developed better than expectation, with a more stable macroeconomy and improvements in people's livelihoods.
The project is purely research at this point, but that doesn't stop them from envisioning cooperative projects between the world of biotech and "skin professionals" such as prosthesis experts and tattooists.
The presidential deputy officer for media affairs Bey Machmudin said that the order was issued shortly after the president landed in an NTB airport from his visit in Maros regency, South Sulawesi province.
The products affected by the tariffs include pacemakers, electrocardiographs, ultrasound machines, magnetic resonance imagers, computer tomography (CT) and X-ray scanners.
The program will enable companies to reduce their leverage ratio and diversify investment options. Large and mid-tier cities, the Xiongan New Area and some other cities will be the first to get the green light under the pilot program.
The premier's remarks came as China's factory and service sectors expanded at a faster pace in June, which indicated a stronger momentum of economic recovery fueled by the strong policy support.
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The project includes building village multi-purpose halls, madrasas and health centers, according to Del Rosario.
The premier said reducing the three tax rate brackets to two in a single step is a hugely challenging job, as reforms are normally pursued step by step. Yet the goal is not beyond reach, he said.
The procedures for organizing employment have been standardized. The procedures of government organized employment for people of all ethnic groups include: first, the recruiting enterprises provide information on the vacant posts and the number of employees they need; second, the human resources and social security departments publish the recruitment information through the Internet and human resource market after summarizing all the job information; third, the village/community Party committee publishes the recruitment information on the village/community bulletin board; fourth, the village/community Party committee officials go to the families of the unemployed to learn about their employment intentions and inform them of the job information; and fifth, the people voluntarily sign up for vocational training and took up their posts after passing the training examination. The one-stop service has provided organizational guarantee for the employment of ethnic minorities.
The projects are funded by United States-India Science & Technology Endowment Fund (USISTEF), an India-US joint initiative for the promotion of innovation and entrepreneurship through the application of science and technology.