China Briefing News

Ten Cities and Provinces Apply to Participate in VAT Reform Pilot Scheme

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10 cities and provinces have officially applied to participate in the VAT reform pilot scheme so far, including Beijing, Chongqing, Shenzhen, Tianjin, Xiamen, Anhui Province, Fujian Province, Hainan Province, Hunan Province and Jiangsu Province.

China Approves 12th Five-Year Plan for Western Regions

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By Julia Gu Feb. 27 – China’s State Council announced last week that it has approved the 12th Five-Year Plan for Further Promoting the Economy of the Western Regions (“the Plan”), a step that is aimed at narrowing the gap between the country’s wealthy coastal provinces and its under-developed western regions. Specifically, the Plan will […]

Top 50 Chinese Cities by Investment Potential

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By Julia Gu Feb. 3 – At the eighth annual World Famous Brands Assembly (WFBA) recently held in Jakarta, Indonesia, the U.S.-China Economic Trade and Investment General Chamber of Commerce, the Europe-America-Asia Cooperation Union for Investment in Industry and Commerce, and the World Cities and World Business Research Association jointly released a list of the […]

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