China Briefing is a monthly magazine and daily news service about doing business in China. We cover topics relating to the Chinese economy, the market in China, foreign direct investment and Chinese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates
This issue details the China governments new "Go Inland" campaign, looking to attract foreign investors to the six inland provinces of central China – Anhui, Henan, Hebei, Hunan, Jiangxi & Shanxi. Written by Chris Devonshire-Ellis, Senior Partner, Dezan Shira & Associates, it highlights the demographics of these provinces, including the major regional second tier cities of Changsha, Hefei, Nanchang, Taiyuan, Wuhan, Zhengzhou, exploring populations, amounts of disposable income, retail sales and so on. We also examine the costs of establishing business in these areas, specifically within labor, land and transportation, and compare them to the established and more coastal Chinese cities of Beijing, Shanghai & Guangzhou.
Additionally, there are extensive regional updates concerning port developments in Dalian, and details of the Dalian Dayaowan Port now being able to offer Bonded facilities, written by Adam Livermore, Senior Associate, Dezan Shira & Associates Dalian office, and also for Shanghai, with updates of facilities offered at their Zhangjiagang Free Trade Zone, the Yangshan deep water port and the Lingang new area, by Lulu Zhang, Regional Partner, Dezan Shira & Associates Shanghai. Updates concerning China’s new M&A regulations, including comment on M&A via share swaps in China, and the regulations concerning ‘round trip’ deals and Special Purpose Vehicles are also discussed, in a piece written by Sabrina Zhang, Regional Partner, Dezan Shira & Associates Beijing office. Rosario DiMaggio, Senior Associate, Dezan Shira & Associates Guangzhou office also contributes with an article concerning the new fast track application procedures for foreign investors applying for Foreign Invested Commercial Enterprises (FICE) in the region. Details are also contained inside concerning the new twice-weekly “Investment Intelligence Reports” released by Dezan Shira & Associates and how to access these on a complimentary basis.