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HONG KONG Air Max 90 Sale Online , 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, the Convenor of FSDC New Business Committee Air Max Sale Online , 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, 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 Nike Air Max 2017 Mens Sale , 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, 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 Nike Air Max 2018 Mens Sale , 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, huge blazes hit French southeastern region Nike Air Max 90 Mens Sale , thecountry's second main tourism destination after Paris. They hadravaged 10,000 hectares, twice the annual average of the last 10years.


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




COPENHAGEN, Aug. 21 (Xinhua) -- Patrik Nilsson of Sweden set a new course record at Northern Europe's largest Ironman triathlon race held here on Sunday.


The Swede crossed the finish line in 7 hours 49 minutes and 18 seconds in the men's competition of Ironman Copenhagen, shattering the old record of 8 hours 3 minutes and 39 seconds set by Denmark's Henrik Hyldelund in 2014.


The course, which consists of a 3.8-kilometer swimming, a 180-kilometer biking and a 42.2-kilometer marathon run, passes many historic landmarks in Denmark's capital city of Copenhagen, such as the world-famous Opera House, the Little Mermaid statue and the Amalienborg Palace.


British triathlete Will Clarke took silver in 7 hours 59 minutes and 31 seconds, and Fabio Varvalho of Brazil came in third in 8:07:10.


Denmark made a clean sweep of women's podium, with Katrine Meldgaard winning the gold in 9:37:53. Laerke Lilleoere finished second in 9:42:00, and Kristine Arnborg ended third with a time of 9:46:55.


Ironman Copenhagen offers 40 qualifying slots for the 2016 Ironman World Championship in Kailua-Kona, Hawaii.


Some 2,800 athletes from 48 countries and regions participated in this year's event, attracting about 200,000 spectators along the route. Enditem


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