China plans to allow the establishment of wholly foreign-owned hospitals in certain cities and regions across the country, according to an official document released yesterday. These hospitals will be permitted to open in Beijing, Tianjin, Shanghai, Nanjing, Suzhou, Fuzhou, Guangzhou, Shenzhen and throughout the island of Hainan, according to a circular jointly issued by the […]
Restrictions on foreign investment in the manufacturing sector will be lifted with the release of the 2024 version of the negative list for foreign investment access, China’s top economic planner announced yesterday. Jointly issued by the National Development and Reform Commission and the Ministry of Commerce, the negative list, effective November 1, reduces the number […]
Chinese Premier Li Qiang vowed on Sunday that China will continue to ease market access and implement policies to remove all restrictions on foreign investment’s access in the manufacturing sector. Li made the remarks during his keynote speech at the opening ceremony of the sixth China International Import Expo and the Hongqiao International Economic Forum. […]
China will intensify tax and fee cuts with targeted measures in 2022 to bring benefits for market entities and bolster economic growth, according to the Finance Ministry on Feb 22. “China will see a larger scale of tax and fee cuts this year,” the minister of finance Liu Kun told a press conference, citing that […]
In order to deal with the problem of an aging population, China further relaxed its fertility policy in late 2021, allowing a couple to have three children. To encourage childbearing, the Chinese government has amended the Population and Family Planning Law to provide legal protection and supporting measures for couples of childbearing age in the […]
China on July 15, 2021 issued a guideline to support high-level reform and opening-up of the Pudong New Area in Shanghai. The guideline listed measures to build Pudong into a pioneer area for socialist modernization. By 2035, Pudong will see its modernized economy comprehensively established, modern urban districts built, and modernized governance fully realized. Its […]
Most people in this planet believe that China is an amazing and magic country. For those who want to invest in China but have no idea how to start, this article may be helpful. 01 Commercial presence According to Chinese law, if an overseas enterprise would like to do business or, in other words, invest […]
China encourages foreign investors to invest in China in accordance with the law. In the early stage of reform and opening up, China formulated the Law of the People’s Republic of China on Chinese-Foreign Equity Joint Ventures, Law of the PRC on Wholly Foreign-owned Enterprises, and the Law of the PRC on Chinese Foreign Contractual […]
China is committed to its national policy of opening up. The country’s opening to the outside world has continuously progressed. China’s open economy indicators now rank among the best in the world. According to Doing Business 2020 released by the World Bank, China moved up to the 31 place in the “Ease of Doing Business” […]
