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Policy

Shanghai Issues First Batch of Visa Certificates for Top Foreign Talents Under New Policy

Shanghai Issues First Batch of Visa Certificates for Top Foreign Talents Under New Policy

As China has unveiled a new visa policy for top foreign talent, giving them multiple entry and lengthier stay rights,…

Jan 16, 2018
Ren Xiaozhang
China Introduces IPO Fast Track in Its Poorest Areas to Promote Poverty Relief

China Introduces IPO Fast Track in Its Poorest Areas to Promote Poverty Relief

Chinese financial regulators have introduced a fast track system for initial public offering applications eligible firms submit in China’s poorest areas to facilitate poverty relief efforts.

Jan 16, 2018
Xu Wei
China’s Unveils New Plan to Promote USD18 Bln Marathon Sports Sector

China’s Unveils New Plan to Promote USD18 Bln Marathon Sports Sector

The number of marathons that attract more than 800 participants each reached 1,900 across China, and the total number of…

Jan 16, 2018
Dou Shicong
China Looks Set to Tackle Credit Sector Corruption for First Time

China Looks Set to Tackle Credit Sector Corruption for First Time

Anti-corruption efforts in China’s credit sector will be a priority this year for the first time, according to the 19th Central Commission for Discipline Inspection.

Jan 15, 2018
Song Yikang
South Korea Seeks Help From Japan, China to Regulate Cryptocurrency in Asia

South Korea Seeks Help From Japan, China to Regulate Cryptocurrency in Asia

South Korea is looking to partner up with China and Japan to regulate virtual currency transactions.

Jan 11, 2018
Xu Wei
China Unveils Substantial Policy Changes to Relax Restrictions on Foreign Investment in Pilot FTZs

China Unveils Substantial Policy Changes to Relax Restrictions on Foreign Investment in Pilot FTZs

China has adjusted a series of laws and regulations, relaxing restrictions on foreign investment to ensure the smooth implementation of…

Jan 10, 2018
Xu Wei
US Tax Cuts Will Favor Redback in Yuan-Dollar Exchange Rate, Chinese Investment Bank Says

US Tax Cuts Will Favor Redback in Yuan-Dollar Exchange Rate, Chinese Investment Bank Says

Major investment bank China International Capital Corp. Ltd. has positive expectations for the country’s economic performance and currency this year,…

Jan 8, 2018
Tang Shihua
China Harmonizes Tax-Related Financial Information Reporting Mechanisms With International Standards

China Harmonizes Tax-Related Financial Information Reporting Mechanisms With International Standards

The Chinese version of the ‘Common Reporting Standard,’ benchmark for 'Automatic Exchange of Financial Information in Tax Matters,' known as…

Jan 8, 2018
Liao Shumin
‘Boot Bitcoin Miners,’ Beijing Bids Local Bureaus, Cites Electric Use, Spur to Speculation

‘Boot Bitcoin Miners,’ Beijing Bids Local Bureaus, Cites Electric Use, Spur to Speculation

After banning bitcoin transactions late last year, China has now turned its regulatory gaze to the bitcoin mining business, with its focus firmly on electricity consumption and attendant costs.

Jan 6, 2018
Yin Yi
Nanjing to Remove Unlicensed Shared Bikes From Streets to Improve Traffic

Nanjing to Remove Unlicensed Shared Bikes From Streets to Improve Traffic

Nanjing will remove unlicensed and improperly-parked shared bikes from streets, with effect from Jan. 15, to ease traffic in the…

Jan 6, 2018
Xu Wei
Ningbo Offers Key Sector Startups Up to USD769,000

Ningbo Offers Key Sector Startups Up to USD769,000

Ningbo, Zhejiang province, will offer up to CNY5 million (USD769,000) to entrepreneurs across nine major industries to help them nurture their startups.

Jan 2, 2018
Liao Shumin
China Caps Overseas Withdrawal Limits to Further Throttle Capital Outflow

China Caps Overseas Withdrawal Limits to Further Throttle Capital Outflow

China tightened its overseas withdrawal limit for domestic bank cards on Jan. 1 to further stifle capital outflow.

Jan 2, 2018
Xu Wei

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