China’s cabinet clears path for VAT law to take effect next month

    China’s cabinet clears path for VAT law to take effect next month

    The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed at governing the country’s largest source of tax revenue and set to come into effect early next year. The regulations, released for public consultation in August and approved on Friday, outline detailed rules for enforcing the VAT…

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    Hong Kong taxi fleet, HKU roll out city’s first AI-powered dispatch system

    Hong Kong taxi fleet, HKU roll out city’s first AI-powered dispatch system

    A taxi fleet has partnered with the University of Hong Kong for the launch of the city’s first artificial intelligence-powered cab dispatch system, which the operator has said improves efficiency, service quality and order acceptance rates. The “Smart Dispatch Decision System” processes large volumes of real-time data such as road traffic status, weather and battery…

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