Other Briefings
China Releases Catalog of Encouraged Industries for Qianhai Cooperation Zone
May 8 – China’s National Development and Reform Commission (NDRC) released the “Catalog of Encouraged Industries for the Qianhai Shenzhen-Hong Kong Modern Services Industry Cooperation Zone (Qianhai Cooperation Zone) (hereinafter referred to as the ‘Catalog‘)” on March 6, 2013. The Catalog covers 112 encouraged industries that fall under the below six service industries: Finance Modern […]
Shenzhen Releases Measures on Special Fund Management for Qianhai
Shenzhen released “Measures on Special Funds Management for the Pilot Development of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone” on March 28. Detailed information can be found here.
Hong Kong Permanent Residency: Maids Not Eligible, Chinese Babies Permitted
Mar. 26 – The Hong Kong Court of Final Appeal handed down a verdict in a long-running dispute over permanent residency rights in the city by denying foreign maids who have worked in the territory for more than seven years the right to abode. Yet, at the same time, it kept the door open for […]
Mandatory Business License Update Ordered for Companies in Shenzhen
Commercial subjects (including enterprises and individually-owned businesses) registered in Shenzhen before March 1, 2013 shall apply for an updated business license with the commercial registration authorities.
Shenzhen Raises Minimum Wage Levels
Mar. 11 – Shenzhen has raised its monthly minimum wage levels by RMB100 to RMB1,600 from March 1, 2013, while its hourly minimum wages have been adjusted from RMB13.3 to RMB14.5. This news comes after Guangdong Province recently announced wage hikes of nearly 20 percent that would have seen Guangzhou overtake Shenzhen as the city with the […]
AmCham South China Releases 2013 Special Business Report
“2013 Special Report on the State of Business in South China” and “White Paper” on the business environment in China now available Mar. 8 – The American Chamber of Commerce in South China launched its annual 2013 Special Report on the State of Business in South China as well as its White Paper covering the business […]
Guangdong Revises Minimum Wage Levels
The People’s Government of Guangdong will raise minimum wage levels across the province by an average of 19.1 percent from May 1, 2013. Detailed information can be found here.
Western China, New Powerhouse for China’s Economy
Mar. 5 – With the introduction of China’s “Go West” policy in 1999, the country’s western region entered into period of consistently elevated economic development. The ‘Go West’ policy covers 12 provinces and cities in the western part of China, namely: Sichuan Chongqing Yunnan Tibet Shaanxi Gansu Qinghai Ningxia Xinjiang Guangxi Inner Mongolia Guizhou The […]
