The 2019 editions of China’s National and FTZ Negative Lists and FI Encouraged Catalogue are important supplements to the upcoming Foreign Investment Law.
The Hong Kong Monetary Authority recently granted four new virtual banking licenses. These will operate almost exclusively online, and are likely to focus on banking for small and medium sized enterprises.
Setting up a joint venture in China can allow foreign businesses to invest in restricted industries and take advantage of local know-how.
Businesses in China should note the laws and regulations coming into effect July 1, impacting administrative fees, IP registration, and taxes, among others.
Shanghai is making garbage sorting mandatory and will restrict the use of disposable items in the hospitality and e-commerce industries.
China has unveiled a two-year stimulus plan to boost the purchase of auto vehicles, home appliances, and consumer electronic goods.
China’s top banking and insurance regulator, CBIRC, recently announced 12 new measures to further open up the country’s financial sector.
China recently announced a new pilot program that will cut certification requirements for a range of business activities.