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China vows massive high-tech sector development in next decade
China vows massive high-tech sector development in next decade
Economy
by  AFP

China will develop its high-tech sector on a massive scale in the next decade, top officials vowed Friday, a day after meetings on the country's future policy priorities concluded in Beijing. "The new scale added in the next 10 years is expected to reshape China's high-tech sector," development official Zheng Shanjie told reporters at a news conference.

French government faces threat of censure over wealth tax
French government faces threat of censure over wealth tax
Economy
by  AFP

A swing group in French parliament on Friday said that if a 2026 budget bill was not changed to include a tax on the supremely wealthy, it would vote down the government. But the Socialists, a swing group in the hung National Assembly, have also demanded a tax on the ultra-rich, which Lecornu has refused and not included in the draft budget.