The latest issue of China Briefing Magazine, titled “China’s Investment Landscape: Finding New Opportunities“, is out now and currently available to subscribers as a complimentary download in the Asia Briefing Publication Store.
In this issue:
- The New Investment Catalogue and Negative List
- Investing in Free Trade Zones
- The Business Reform Agenda
China’s foreign investment landscape has experienced pivotal changes this year.
At the start of 2017, in the face of rising protectionist sentiment in the US and EU, Chinese President Xi Jinping reaffirmed China’s commitment to international trade and globalization in a much publicized speech in Davos. Policymakers in China then supported this rhetoric with a number of investment-friendly reforms throughout the year.
China liberalized a number of industries previously restricted to foreign investment, introduced the country’s first nationwide negative list to guide foreign investment, nearly tripled its free trade zones (FTZs) from four to 11, and introduced a variety of administrative reforms to improve the ease of doing business.
The Middle Kingdom can still be a challenging place to do business. Foreign businesses and governments often lament allegedly unfair industrial policies, uneven market access for foreign investors, and an increasingly unwelcoming business environment. However, China continues to grow. Its economy has outperformed expectations, growing at 6.9 percent through the first half of the year, and with the latest batch of reforms, more industries are open to investment than ever before.
In this issue of China Briefing magazine, we examine how foreign investors can capitalize on China’s latest FDI reforms. First, we outline new industry liberalizations in both China’s FTZs and the country at large. We then consider when an FTZ makes sense as an investment location, and what businesses should consider when entering one. Finally, we give an overview of China’s latest pro-business reforms that streamline a wide range of administrative and regulatory measures.
China has experienced many changes during our 25 years of service in the country. In 2017, we are dedicated to helping strategic investors find new opportunities in the maturing economy, and its attendant reform environment.
China Briefing is published by Asia Briefing, a subsidiary of Dezan Shira & Associates. We produce material for foreign investors throughout Asia, including ASEAN, India, Indonesia, Russia, the Silk Road, and Vietnam. For editorial matters please contact us here, and for a complimentary subscription to our products, please click here.
Dezan Shira & Associates is a full service practice in China, providing business intelligence, due diligence, legal, tax, IT, HR, payroll, and advisory services throughout the China and Asian region. For assistance with China business issues or investments into China, please contact us at firstname.lastname@example.org or visit us at www.dezshira.com
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing legal, tax and operational advisory to international corporate investors. Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region. This brochure provides an overview of the services and expertise Dezan Shira & Associates can provide.
This Dezan Shira & Associates 2017 China guide provides a comprehensive background and details of all aspects of setting up and operating an American business in China, including due diligence and compliance issues, IP protection, corporate establishment options, calculating tax liabilities, as well as discussing on-going operational issues such as managing bookkeeping, accounts, banking, HR, Payroll, annual license renewals, audit, FCPA compliance and consolidation with US standards and Head Office reporting.
In this issue of China Briefing magazine, we provide foreign investors with best practices for implementing internal controls in China. We explain what makes China’s internal control environment distinct, and why China-based operations need to prioritize internal control. We then outline how to execute an internal control review to gauge organizational resiliency and identify gaps in control points, and introduce practical internal controls for day-to-day operations. Finally, we explore why ERP systems are becoming increasingly integral to companies’ internal control regimes.