government policy

Hangzhou Woos Domestic, Overseas IPOs by Local Firms, Aims for 235 by 2020

Hangzhou Woos Domestic, Overseas IPOs by Local Firms, Aims for 235 by 2020

Hangzhou, capital of China's southeastern Zhejiang province, has instituted a policy to encourage more domestic and overseas listings by local…

Apr 23, 2018
Tang Shihua
Number of Countries With Visa Waivers for Hainan Will Rise to 59 Next Month

Number of Countries With Visa Waivers for Hainan Will Rise to 59 Next Month

Citizens of 59 countries will no longer need visas to visit the island province of Hainan, the Chinese government announced today.

Apr 18, 2018
Tang Shihua
Hainan’s Free-Trade Port Will Form China’s Major Strategic Guarantee Zone

Hainan’s Free-Trade Port Will Form China’s Major Strategic Guarantee Zone

 After the 30th anniversary of Hainan’s founding as a province and special economic zone of China, it is now being rebranded as…

Apr 16, 2018
Guo Liqin & Xu Huiyun
Hainan Will Run On All NEVs by 2030, Governor Says

Hainan Will Run On All NEVs by 2030, Governor Says

China’s southernmost province of Hainan plans to all use new energy vehicles by 2030 and the local government will soon issue a detailed plan, China News Service reported.

Apr 10, 2018
Tang Shihua
China Opens Up USD27 Trillion Payment Sector to Foreign Providers

China Opens Up USD27 Trillion Payment Sector to Foreign Providers

China’s central bank is cutting access restrictions to its CNY169 trillion (USD27 trillion) online payments market as the country looks…

Mar 22, 2018
Tang Shihua
China Offers Tax Break to Overseas Investors in New Yuan-Based Oil Futures

China Offers Tax Break to Overseas Investors in New Yuan-Based Oil Futures

China is offering tax incentives to foreign institutions and overseas individual investors looking to partake in the nation’s upcoming crude…

Mar 21, 2018
Tang Shihua
Hebei Province to Build 80 Ski Resorts in Buildup to Beijing 2022

Hebei Province to Build 80 Ski Resorts in Buildup to Beijing 2022

China’s northern province of Hebei has unveiled plans to build 80 ski resorts and 200 ice rinks as it looks to popularize winter sports in preparation for the 2022 Winter Olympics in Beijing.

Mar 16, 2018
Tang Shihua
Guangdong Goads Major Energy Groups to Cut Gas Prices, Boost Clean Energy

Guangdong Goads Major Energy Groups to Cut Gas Prices, Boost Clean Energy

The development agency of China’s economically-developed southeastern Guangdong province is hammering out a new policy to spur the three major…

Mar 13, 2018
Tang Shihua
China Will Actively Support International AI Cooperation, Sci-Tech Minister Pledges

China Will Actively Support International AI Cooperation, Sci-Tech Minister Pledges

With the advent of the international artificial intelligence trend, China must strengthen and actively support the cooperation between domestic AI…

Mar 12, 2018
Tang Shihua
Beijing’s Tech Hub Unveils New Policies to Entice Top Overseas Talent

Beijing’s Tech Hub Unveils New Policies to Entice Top Overseas Talent

China’s central government and local authorities in Beijing have unveiled new entry-exit policies as the capital city looks to lure more overseas to tech research hub Zhongguancun.

Feb 28, 2018
Dong Xin
China Extends NEV Purchase Tax Exemption to Support Industry Innovation

China Extends NEV Purchase Tax Exemption to Support Industry Innovation

China will continue to waive the purchase tax on new-energy vehicles for another three years to support innovation in the Industry.

Dec 28, 2017
Chen Yikan
China to Implement Seawater Desalination Projects to Alleviate Fresh Water Shortages for Islands

China to Implement Seawater Desalination Projects to Alleviate Fresh Water Shortages for Islands

China will increasingly use seawater desalination as one of the major freshwater supply methods in severely water-scarce islands. A policy…

Dec 15, 2017
Tang Shihua