Other Briefings
Shanghai Chosen as Site of BRICS Development Bank
It was confirmed this week that the New Development Bank, to be jointly funded by BRICS (Brazil, Russia, India, China and South Africa), will be headquartered in Shanghai and its initial presidency held by an Indian national.
Qingdao’s Blue Economy: Marine Investment on the Rise
China’s State Council recently approved the establishment of the Qingdao West Coast New Area in eastern Shandong Province, ushering in a “bluer” economy for the city of Qingdao.
Pingtan Implements Pilot Foreign Investment Reforms
On June 3, the Pingtan Comprehensive Pilot Zone released the Catalog of Simplified Approval for Foreign Investment, which outlines the restricted industries for foreign investors operating in the zone, as well as issued interim measures for the establishment of foreign-invested enterprises in the region.
Removal of Licensing Requirements for Foreign-Invested Advertising Agencies in the Shanghai FTZ
On September 26, 2013, China’s State AIC removed certain restrictions regarding the establishment of foreign-invested advertising enterprises in the Shanghai Free Trade Zone. In this article, we review these changes and outline the revised guidelines for advertising agencies operating in the zone.
Companies in Dalian Requested to Make Labor Union Contributions with Monthly Tax Submissions
The Dalian branch of the All China Federation of Trade Unions has issued a notification to companies in the region informing them that they are required to pay the monthly levy on all employees’ salaries.
Hong Kong Considers Easing Housing Market Restrictions
Secretary for Financial Services and the Treasury, Chan Ka-keung, has said that Hong Kong will consider easing measures implemented to check real estate speculation if U.S. interest rates begin to rise, but will not make any significant changes to the city’s policy in the meantime.
Investment Opportunities in Ningbo, China
Located midway along the coastal line of the Chinese mainland, Ningbo serves as the economic center for the southern Yangtze River Delta. With unique policies and effective services provided by the provincial government, Ningbo is becoming very attractive to investors, both domestic and international alike.
Investing in China’s Future: The New Silk Road Economy
Where does the future of the Chinese economy lie? This article looks at some macro-scale trends in China’s investment environment to identify how foreign investors can get in on the ground floor of tomorrow’s opportunities.
