Other Briefings
Shanghai to Improve Services for Foreign Investors
SHANGHAI, Jan. 13 – The Shanghai government is upgrading its range of services for overseas investors to maintain the inflow of funds, says a local official. “If we want to seize opportunities from the challenges, it is necessary for us to give equal emphasis to improving services and opening up,” Sha Hailin, chief of the […]
Foreigners in Shanghai Required to Renew Residence Certificates by November 30
SHANGHAI, Nov. 17 – Shanghai’s exit-entry administration announced that foreign residents will need to renew their residence registration certificates at police stations by November 30. The city is set to issue a new version of the certificate starting October 1. Residence registration certificates are necessary for applying, changing or extending visa and residence permits. Foreign […]
China’s First Specialist Financial Court Opens in Pudong
SHANGHAI, Nov. 14 – China’s first court dealing exclusively with financial disputes opened yesterday in the Pudong district of Shanghai. The area is home to a specially created development zone, Lujiazui, which deals exclusively with banks and financial institutions, housing many of the primary global and Chinese players, such as HSBC, Citibank, the Bank of […]
Guangdong and Shanghai Exports Plummet
Nov. 10 – The governor of Guangdong province, Huang Huahua, has stated that the value of exports leaving for overseas markets has dropped by 10.9 percent this year, with GDP slowing from 14.5 percent in 2007 to 10.2 percent for 2008. The figures are important as Guangdong is both China’s wealthiest province, with two of […]
Changzhou Blooms as Investment Moves West Out of Shanghai
Sept. 30 – Changzhou, a second-tier city nestled between Nanjing and Suzhou on China’s east coast, is beginning to bloom into a bustling manufacturing hub. Two hours by train from Shanghai, the city offers foreign investors competitive skilled labor, reasonable land costs, and a foreign-investor-friendly local government offering manufacturers who want to expand or relocate […]
Beijing, Shanghai, Shenzhen implement incentive programs to attract financial services talent
Sept. 26 – China recently implemented several incentive programs to attract talent to the Chinese financial services sector. Local authorities in Beijing, Shanghai and Shenzhen have introduced new measures to attract financial institutions to set up in their jurisdictions. In Shanghai, financial institutions based in Pudong will benefit from a new incentive program. Security houses, […]
Investing in Hangzhou: The Linjiang Industrial Zone
Aug. 26 – Located to the northeast of the Xiaoshan district of Hangzhou and sitting along the south bank of the Qiantang River, the Linjiang Industrial Zone (LjIZ) was built in 2003 as a provincial-level zone with an area of 74.31 square kilometers. According to its development plan, the LjIZ was established to meet the […]
Officials Assure Slowdown in East China Not Severe
Aug. 12 – Officials from the Zhejiang provincial development and reform commission assured that while companies in the region were suffering from financial difficulties, it was not as grave as previously reported in the media. “Private firms in our province did suffer a reduction in profit, tight liquidity and a low level of creativity,” Liu […]
