Monthly Archives: April 2015

How to Run a Business Successfully

Whether you're starting a new business from scratch or buying an existing one, you need to offer a high-demand product or service. You also need to continually evaluate how to make that product or service even better. Stagnation, resistance to technology and detachment from your target demographic are the surest ways for a business to...
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China Regulatory Brief: Loosened FDI Regulations

SAFE Releases New Rules for Foreign Exchange Capital Funds Settlement On April 8, the State Administration of Foreign Exchange (SAFE) released new regulations for settlement of foreign exchange capital funds. Under the new rules, foreign-invested enterprises (FIEs) registered in China will be allowed to make foreign exchange capital account settlement at their own discretion, starting June...
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Establishing a business presence in China

On October 31, 2007, China issued the Industry Catalogues for Guiding Foreign Investment, which has become effective on December 1, 2007 (“2007 Catalogue”) and supersede the 2004 catalogue (“2004 Catalogue”). Both the 2004 and 2007 Catalogues divide the industries into 3 categories: (1) encouraged, (2) restricted, (3) prohibited. Industries which are not listed in the...
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Easing trade in FTZ gets thumbs-up

Import and export procedures have been simplified by trade facilitation measures unveiled in the Shanghai pilot free trade zone, according to a PricewaterhouseCoopers survey. Allowing goods to enter the zone before going through customs declaration procedures is considered the most influential measure, with 34 percent of the survey respondents using it and benefiting from it, according...
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