On 30 May 2018, China’s State Council announced a second round of import tariff cuts on a range of consumer goods. Effective from 1 July 2018, the tariff cuts, as affirmed by the Ministry of Finance (MOF), aim to boost domestic consumption and advance China’s supply-side reforms. In total 1,449 product categories from preferred nations…
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On 28 February 2018, the Ministry of Commerce (MOFCOM) and State Administration of Industry and Commerce (SAIC) jointly announced the circular (letter of notice) on the implementation of ‘One Window, One Form’ Business Registration Filing for Foreign Invested Entities. The circular follows from the 19th People’s Congress plan to further optimise foreign direct investment environment,…
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In recent years, Indonesia has been the receptor of many Chinese investments, as well as the holder of many of China’s infrastructure investments in Asia since the original introduction of the Belt and Road concept by Chinese President Xi Jinping in 2013. According to the Indonesian Investment Coordinating Board, between January and March of 2018,…
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