Tag: china

Investing in China: the basics of setting up your business and getting it right

Today, China’s increasingly open economic system, combined with an ever-growing middle-class, has paved the road to vast opportunities for foreign investors. Against the backdrop of a reform and economic transformation turned into a sustainable and innovative driven model, China inbound investment has entered a new era. Specifically, in China’s 13th 5-year plan the drive towards…

Read more

China announces additional import tariff cuts aimed as a win-win strategy for both local and foreign companies

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…

Read more

China’s ‘One Window, One Form’ policy for business registration in full swing

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,…

Read more