Chinese President Xi Jinping has decreed that the Xiongan New District be created in Hebei, about 160 km south of Beijing. The area will be developed with similar incentives and infrastructure that were put in place with the creation of Shenzhen and the Pudong New Area.
In this week’s China Regulatory Brief, we review China’s preliminary approval for business license system, new US reporting requirements, adjusted consumption tax on cigarettes and liberalized aviation maintenance in Beijing.
In this article, we explain how this ‘Ice City’ is turning out to be one of the fastest growing regions in the country with a unique geographic location and a sound transport system. The city is China’s gateway to Russia and the transport hub for Northeast China.
The State Council announced that three more Free Trade Zones (FTZ) will be established, based on the model of the Shanghai FTZ. The new FTZs will be launched in Tianjin, Fujian and Guangdong.
The Dalian branch of the All China Federation of Trade Unions has issued a notification to companies in the region informing them that they are required to pay the monthly levy on all employees’ salaries.
As the biggest free trade port in Northern China, Dalian is a modernized international shipping metropolis serving as a gateway to Beijing and Tianjin. In this article, we take a look at this national garden city with abundant commercial opportunities.
In this issue of China Briefing Magazine, we outline the various sourcing models available for foreign investors and discuss how to decide which structure best suits the sourcing needs of your business. Perhaps the most important factors to consider when choosing a sourcing structure are your staffing requirements, your need for operational flexibility, and which option offers the greatest cost efficiencies. In this issue, we compare how each of these factors match up with the available sourcing platforms in order to help foreign businesses find the best option for their specific sourcing needs.
Larger doesn’t always mean better when considering development zones in China, and foreign investors looking for specific services or tailored benefits to meet their business needs may find it more helpful to look at the smaller, more focused types of development zones available.