Shanghai’s hukou system determines beneficial access to housing, education, and medical treatment, among other social and welfare provisions.
In this week’s China Outbound, we look at employee termination in ASEAN, registered offices in India, Arctic ocean shipping, Russia’s Far East, and healthcare in Vietnam.
China’s disability aids industry has received a boost from government plans incentivizing new technologies and local manufacturing to meet the huge internal demand. This can benefit foreign investors looking at this segment.
Russia will consider establishing a consul in the city of Harbin, in Northeast China, according to Russian Foreign Ministry spokeswoman Maria Zhakarova.
Guangdong has released a 10-point incentives plan to attract foreign investors – easing market access, strengthening IP, offering R&D support, among others.
China’s tax bureau will be responsible for social insurance collection instead of the HR bureau from 2019. HR managers should note that the consolidation means stricter enforcement.
China increased its export tax rebates for 391 items from September 15 to benefit steel products, LEDs, and semiconductor components, among other major exports.
In this week’s Asia Investment Brief, we look at RCEP negotiations in Singapore, how to claim GST in India, Russian offshore capital, reactions to China’s BRI, and the new competition law in Vietnam.