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Chinese auto brands increase share of domestic market: association******
BEIJING, Oct. 23 (Xinhua) -- Chinese passenger car brands saw their share of the domestic market grow in September, according to data from an industry association.
Their sales of passenger cars accounted for 46.9 percent of all sales of such vehicles last month, up 9.1 percentage points year on year, said the China Association of Automobile Manufacturers.
Their market share increased 1.6 percentage points from a month earlier, the association reported.
In the first nine months, Chinese brands' passenger car sales jumped 31.4 percent year on year and accounted for 43.3 percent of the total passenger car sales, a market share rise of 6.7 percentage points from a year earlier. Enditem
与此同时，检察系统还将进一步完善古树维护财政局确保适用管理体系，融洽各有关工作部门一同进行古树名木维护重点主题活动。被提议行政单位表明将征求检察系统提议，尽早贯彻落实改进措施，一同助推做好秦岭生态环境保护护卫。华商报新闻记者 宁军 报道员 安菲 辛典。
Musk donated over US$5.7b in Tesla shares to charity in Nov******
Tesla Chief Executive ElonMusk donated a total of 5,044,000 shares in the world's mostvaluable automaker to a charity from November 19 to November 29 lastyear, its filing with US Securities and Exchange Commission showed on Monday.
The donation was worth US$5.74 billion, based on the closingprices of Tesla shares on the five days that he donated thestocks.
The filing did not disclose the name of the charity.
Late last year, the billionaire sold US$16.4 billion worth ofshares after polling Twitter users about offloading 10 percent of hisstake in the electric carmaker.
He tweeted last year that he would pay more than US$11 billionin taxes in 2021 due to his exercise of stock options set toexpire this year.
He also traded barbs with politicians Bernie Sanders andElizabeth Warren who called on wealthy people to pay more taxes.
Analysts have said there would be a tax benefit for Muskpotentially gifting Tesla stock. This is because shares that aredonated to charity are not subject to capital gains tax, as theywould be if they were sold.
"His tax benefit would be huge. He'd save between 40 percent and50 percent of the US$5.7 billion in tax, depending on whether he couldtake the deduction against his California income and he'd avoidthe gains tax he would have to pay if he sold the stock," BobLord, an associate fellow at the Institute for Policy Studieswho studies tax policy, said.
He said Musk might have contributed the stock tointermediaries such as "donor-advised funds," not outright tocharitable groups.
Tesla was not immediately available for comment.
Musk's public philanthropy gestures have so far trailedother billionaires. Musk and Amazon.com Inc founderJeff Bezos have donated less than 1 percent of their net worth, whereasWarren Buffett and George Soros had given away more than 20 percent oftheir net worth as of early September, according to Forbes.
In 2001, he set up the Musk Foundation, offering grants forthe "development of safe artificial intelligence to benefithumanity" among other causes, according to its website. Musk'sfoundation has over US$200 million in assets.
Earlier last year, Musk and his foundation offered to give US$100 million prizes to those who can come up with a technologyto help remove carbon from the atmosphere. He said last year hewas donating US$20 million to schools in Cameron County, Texaswhere a Space X rocket launch site is located and US$10 million tothe city of Brownsville.
China's free trade port unveils opening******
HAIKOU, Nov. 16 (Xinhua) -- South China's Hainan Province plans to lock in three sectors, including duty-free shopping, international medical care and international education, in its drive to become an international tourism and consumption destination, according to its 2021-2025 development plan.。
The island province is a free trade port. The plan recently published sets the target for its tourist industry to contribute to 17.8 percent of its total economic growth by 2025.。
Efforts will be made in the Hainan Boao Lecheng International Medical Tourism Pilot Zone to introduce and cultivate a batch of high-end and professional medical institutions to promote the research progress on stem cell, immune cell and gene therapy, plus other new techniques in the biomedical sector.。
The medical pilot zone also encourages people from the countries joining the Regional Comprehensive Economic Partnership (RCEP) to come for treatment. By 2025, Lecheng is expected to attract about 500,000 people to receive medical service in Hainan, the plan noted.。
In regards to education, Hainan encourages overseas colleges and educational institutions to settle on the island.。
The number of international students in Hainan is expected to reach 10,000 by 2025. The province will also introduce about 15 international high schools and kindergartens and more than three overseas high-level universities and vocational colleges in science, agriculture and medicine by 2025.。
Last June, China released a master plan to build the southernmost province into a globally influential and high-level free trade port by the middle of the century. Enditem。