Policy & News

China Relaxes Rules to Boost Foreign Investment in Listed Firms

China’s recent update to the Management Measures for Strategic Investment by Foreign Investors in Listed Companies aims to attract foreign capital by lowering entry barriers, expanding investment channels, and enhancing flexibility in shareholding.

New Policies to Enhance Travel Convenience in China

China has recently introduced several new immigration policies aimed at facilitating travel and enhancing the convenience of immigration processes for both foreigners and residents.

China Expands Foreign Access to Value-Added Telecom Services

The Ministry of Industry and Information Technology (MIIT) of China recently issued the Circular on the Pilot Scheme for the Further Opening of Value-Added Telecom Services to Foreign Investment (“Circular”).

Digital Payment

Foreigners’ Guide to China’s Payment Solutions

This article aims to provide an overview of the payment options and tools available to foreigners in China. From traditional bank transfers to mobile payment platforms like Alipay and WeChat Pay, the landscape of financial transactions in China is both diverse and technologically advanced.

New ID Card For Foreign Permanent Resident:What You Need to Know

The National Immigration Administration (NIA) of China announced that it would be releasing a new version of the foreign permanent resident ID card starting December 1, 2023.

China Resumes Fast-Lane for Cross-Border Travel to Boost Economy and Tourism

China will once again implement fast-lane services for a range of travelers entering and exiting the mainland, with the goal of accelerating border inspections and simplifying travel across regions.

Chinese Visa

China Resumes Issuing Visas to Foreigners: What You Need to Know

After nearly two years of strict travel restrictions due to the pandemic, China has taken a significant step towards reopening its borders by resuming the issuance of visas for foreigners of all categories

outbound travel services in China

Foreign Investment in Outbound Travel Services in China

Foreign investment in outbound travel services in China is now in a pilot stage following significant easing of Chinese travel restrictions.

Fast Pass Application Center Pudong Shanghai

Fast Pass for Sending Money Outside of China

The Fast Pass provides a significantly faster and more convenient avenue to purchase and send foreign currencies out of China.

Policy Update: SMEs in China Eligible for Uncredited VAT Refund

SMEs and Enterprises in the manufacturing and other industries can claim a one-time uncredited VAT refund.

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