Making Sense of Chinese Law
By Chen Jia and Wang Yanfei | China Daily | Updated: 2017-12-29 07:36 China continues to welcome foreign investment through a temporary exemption of the withholding tax on profits that are reinvested in the country, the Finance Ministry said in a statement released on its website on Thursday. The move will help retain foreign investment […]
Read More…China’s top economic planner yesterday announced new regulations that cut the red tape for domestic companies investing abroad. The new overseas investment rules will come into effect from March 1 next year, the National Development and Reform Commission said in a statement. It does away with the 2014 provision that required companies to get administrative […]
Read More…By ZHONG NAN and JING SHUIYU | China Daily | Updated: 2017-12-26 06:03 Further reform and fine-tuning are aimed at reaching goal by 2035 China has set a goal of building itself into a global powerhouse in international trade by 2035 through further reform and fine-tuning of trade structure, including upgrading the quality of goods […]
Read More…Shanghai’s foreign trade grew steadily in November while foreign direct investment soared, indicating further progress in the opening-up of the city’s economy. FDI in the city soared 150 percent to US$7.52 billion in November to touch a new high this year in both year-on-year growth rate and value, according to Shanghai Statistics Bureau. The number of FDI […]
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