Foreign investors sometimes reach a point where their representative office is no longer suitable for facilitating their business in China. In such cases, foreign investors must formally close down their representative office.
China is opening more industries to foreign direct investment, with the release of a new Negative List and associated measures to remove restrictions on foreign investors.
China’s State Council released a circular on May 23 directing local governments to introduce 27 reforms piloted in its 11 free trade zones nationwide.
China will simplify establishment procedures for foreign-invested enterprises in a bid to spur foreign investment, Premier Li Keqiang announced following a State Council meeting on May 16.
New entrants to China need to choose their corporate structure carefully. Investors that select the wrong structure invite unnecessary business constraints, costs, and regulatory scrutiny.
On May 2, China’s State Council announced plans to shorten the business registration process for newly-established companies from 20 days to 8.5 days and to reduce the approval time for construction projects from 200+ days to 120 days.
Beijing recently issued a series of policies and measures designed to improve the ease of doing business in the capital city. In this article, we look at Beijing’s recent efforts to improve its business environment.
The authorities in Shanghai announced that they plan to increase the statutory minimum wage in the commercial capital from April 1, 2018. Read more about the changes here.