Jiaxing’s local government has identified ‘new energy’, ‘new materials’, and ‘energy efficiency and environment protection’ as the core of shifting away from heavier manufacturing. In this article, we look at the city’s economy, investment trends, development zones, and the advantages of setting up operations in the city.
As host of the 2016 G20 summit, Zhejiang province has been thrust into the global spotlight in recent months. The province of 55 million people is advantageously located on China’s east coast, south of Shanghai which is easily accessible via one of the world’s transoceanic bridges spanning the Hangzhou Bay.
As Ningbo overtook Hong Kong this year to be the fourth busiest port in the world, many foreign investors are turning their attention to this major manufacturing and shipping center. Apart from its traditional strength in producing electronics, the city is moving to solar panels as well.
With Shanghai as the nation’s de facto financial center and Guangdong as one of the world’s major manufacturing and trading centers, both the Shanghai FTZ and Guangdong FTZ have caught the attention of foreign investors seeking to enter a more liberalized Chinese market. This article compares the two.
Hangzhou is an important center for e-commerce business in China, with more e-commerce transactions taking place in Hangzhou than any other city in China. It has over 470,000 online business entities and is home to e-commerce giant Alibaba. As of January 2015, there were over 1 million import transactions totaling RMB 230 million .
Situated in the Yangtze River Delta (YRD) in east China, Shanghai aims to be the world’s global financial and economic center and international transport hub by 2020. In this article, Rainy Yao from Dezan Shira & Associates takes a closer look at this modern metropolis with its well-developed infrastructure and sound investment environment
A client in the tourism industry recently contacted Dezan Shira & Associates to advise them on how to best expand their scope of operations in the tourism industry. With the rise in income levels in China, outbound tourism has become one of the most profitable operations for travel agencies in China.
One often overlooked feature of the Shanghai FTZ is the unique advantages it affords foreign investors for transferring funds between their China domestic and overseas entities via two-way cash pooling, allowing them to deploy greater liquidity, more efficiently manage finances, or obtain a better deposit rate than in the revenue’s country of origin.