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HONG KONG Wholesale MLB Baseball Jerseys , July 31 (Xinhua) -- There is room for further enhancement of the tax exemption regime in Hong Kong, in order to boost the private equity fund business, an official from Hong Kong's Financial Services Development Council (FSDC) said here on Monday.

Florence Yip Wholesale Baseball Jerseys , the Convenor of FSDC New Business Committee, told a press meeting that Hong Kong has taken positive steps over the last few years to provide a business-friendly tax regime for the private equity and venture capital funds industry.

In the face of the keen competition among jurisdictions to be the leading international asset management center in the region, Hong Kong should uphold its prevailing competitive edge in the industry Wholesale MLB Jerseys , she said.

The FSDC recently released a report entitled "Proposals to Extend Offshore Private Equity Fund Tax Exemption to Hong Kong Businesses."

The report analyses the limitations of the current offshore private equity fund tax exemption regime and proposes a number of refinements.

The refinements include extending the tax exemption to cover investment in Hong Kong private companies and non-Hong Kong private companies with substantial operations in Hong Kong, subject to certain exception; expanding the scope of allowable activities of a special purpose vehicle which can be tax exempted.

Established by the Hong Kong Special Administrative Region government in 2013, the FSDC is a high-level cross-sectoral advisory body to promote further development of Hong Kong's financial services industry and to map out the strategic direction for development.

Xi reviews parade in field for first time

Military parade held to mark PLA 90th birthday

Typhoon Haitang lands in east China's Fujian

China issues envelop to mark 2nd anniv. of successful bid to Winter Olympic Games

Military parade held to mark PLA 90th birthday (Part I)

Martial arts competition held in China's Henan

Int'l Army Games 2017 held in NW China

Triplet giant pandas celebrate 3rd birthday in S China's Guangzhou

PARIS Wholesale Jerseys Free Shipping , Aug.1 (Xinhua) -- New wildfires reported on Tuesday inFrance's southern districts had consumed hectares of forests andtriggered the evacuation of residents, according to localreports.

Two fires broke out in Bouches-du-Rhone where 230 firemen arebattling to tame the blaze which had consumed 20 hectares andprompted the evacuation of many towns mainly in Istres, newschannel BFMTV reported.

In Cabris Wholesale Jerseys From China , 275 firefighters and three Canadair water bomberswere deployed to contain flames in Cabris, in Alpes-Maritimedistrict.

According to regional authorities, the blaze is under control.It consumed 53 hectares of forest.

Similar fire was reported in the Gard district.

Last week Wholesale Jerseys China , huge blazes hit French southeastern region, thecountry's second main tourism destination after Paris. They hadravaged 10,000 hectares Wholesale Jerseys , twice the annual average of the last 10years.

Risks of fire in the zone, notably in the Var department, remainvery high on expected new wave of heat and dry weather. Insoutheast France Cheap MLB Baseball Jerseys , 12 districts were put on orange alert due to heatwave, according to meteo France, the country's meteorologicalservice. Enditem

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