Other Briefings
Manufacturers moving inland from Hangzhou as central province VAT reform kicks in
Textile manufacturers in and around Hangzhou, long one of the region’s pillar industries, are beginning to move their operations inland as China reduces the VAT burden in the central provinces. Beginning July 1, 2007, the Ministry of Finance and the State Administration of Taxation reduced the VAT burden in eight sectors within 26 specified industrial […]
Establishing trading companies in China and obtaining import-export licenses
The new issue of the China Briefing monthly magazine is now up and online. It is an examination of the establishment of trading companies – otherwise known as “FICEs” (Foreign Invested Commercial Enterprises) – with full details of the application procedures. The issue also explains the myriad of things that investors often forget – details […]
Source Code China – The New Global Hub of IT Outsourcing
Aug. 28 – China Briefing doesn’t usually run book reviews, but on this occasion something has come our way that we feel is well worth a read, especially for those interested in IT outsourcing. “Source Code China – The New Global Hub of IT Outsourcing,” a new book written by well known Beijing-based IT guru Cyrill […]
The almighty West and China, the fragile superpower
At last week’s China Briefing-sponsored symposium, “What China Communicates to the World,” James Fallows, international correspondent for The Atlantic Monthly, had some interesting comments on both the nature of communication, as well as some of the problems that China and the Western world – and the United States in particular – have when dealing with […]
Minimum registered capital: How much is too low?
It’s the time of year when everyone starts to filter back to China again after the summer break and also the time when new-to-China “consultants,” “lawyers” and generally enthusiastic small investors start to emerge. Having a glass of ASC’s very fine imported Beringer Shiraz at Centro last night, it amazed me to hear several comments from […]
Reincarnation of Tibetan Buddhas must obtain government approval
Trawling through some of the blogs this week I happened upon this news snippet courtsey of Stan Abrams at China Hearsey, in which China’s State Administration of Religious Affairs has cited the need for central government approval for living buddhas to be recognized. The actual People’s Daily piece is here. All of which brings us […]
VAT refunds for FICEs stall in Hangzhou
By Andy Scott HANGZHOU, Aug. 24 – Foreign invested commercial enterprises best look elsewhere when considering a place to set up, at least that is the consensus we are getting from Hangzhou, where the authorities are making it very difficult for FICEs to receive their VAT refunds on exported goods. Since June 2004, China has […]
Dalian plays host to “Summer Davos”
By Adam Livermore DALIAN, Aug. 24 – Dalian is hosting a prestigious three-day meeting for fast-developing multinational companies beginning September 6. Entitled the “Inaugural Annual Meeting of the New Champions” and informally dubbed the “Summer Davos” because of its perceived similarity to the Swiss summit held every winter. The event is attracting CEOs from companies […]
