Meanwhile, automakers’ recommended retail priwas

 on a decreasing streak. Imported models of Ford Motor (China) abated as much as 34,000 yuan, compared with Volkswagen Multivan’s highest cut of

13,300 yuan and some models of FAW Toyota’s 11,000 yuan, said Chinanews. As China International Capital Corporation Lim

ited analyzed, automobile, real estate and medicine industries will enjoy the largest scale of tax reduction; and the bigge

st rise in net profit as a result of tax cuts will go to coal, food and beverage, electricity industries.

Nur Bekri, former head of the National Energy Administration, has been arrested

for taking bribes, said the Supreme People’s Procuratorate on Tuesday, Xinhua reported.

Nur Bekri, also former deputy head of the National Development and

Reform Commission, was investigated by the Communist Party of China Central Com

mission for Discipline Inspection and the National Supervisory Commission.

The former chairman of the Xinjiang regional governm

ent was named new head of the National Energy Administration on Dec 31, 2014.

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