Examples of PRC mainland in a sentence
Ms. Ding holds a Master’s Degree in Business Administration from the San Francisco State University in the United States and a Bachelor degree in Electrical Engineering from the Sichuan University in the PRC mainland.
All of the Group’s revenue are derived from activities in, and from customers located in the PRC mainland and no geographical segment analysis is prepared.
Full time employees of the Company located in the PRC (mainland), participate in a government-mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance and other welfare benefits are provided to employees.
Full time employees of the Company and Wuxi KJF located in the PRC (mainland), participate in a government-mandated multi-employer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance and other welfare benefits are provided to employees.
Approximately 86% of the carrying values of the Group’s assets are situated in the PRC mainland.
A lower 5% withholding tax rate may be applied when the immediate holding companies of the PRC mainland subsidiaries are incorporated or operated in Hong Kong and fulfil the requirement to the tax treaty arrangement between the PRC mainland and Hong Kong.
The B Shares ranked pari passu in all respects with the A Shares except that A Shares can only be owned and traded by investors in the PRC mainland; while B Shares can be owned and traded in foreign currency by both foreign and qualified domestic investors.
The corporate income tax rate applicable to the group entities located in the PRC mainland (“PRC mainland entities”) is 25% according to the Corporate Income Tax Law of the People’s Republic of China effective on 1 January 2008.
Land in PRC mainland is state-owned or collectively-owned and no individual land ownership right exists.
The subsidiaries of the Group were mainly registered in PRC mainland, Macao and Hong Kong, respectively, where profit tax rates vary.