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China Boosts Foreign Investment by Cutting Down the Negative List

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on Monday, 01 October 2018
in Business in China

The Chinese government is offering incrementally greater market access to foreign investors in China by reducing the negative list:

China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) jointly released the “2018 Special Administrative Measures on Access to Foreign Investment” (外商投资准入特别管理措施(负面清单) and the 2018 version of the “Special Management Measures for the Market Entry of Foreign Investment in Pilot Free Trade Zones”  (自由贸易试验区外商投资准入特别管理措施 (负面清单), which came into effect 28th July 2018.

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Google May Return to the Chinese Market

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on Sunday, 30 September 2018
in Business in China

The background

Censorship of internet content is something that can be seen all over the world at varying levels. China is also well known for its restrictive internet.

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Eight Highlights of the New E-commerce Law

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on Sunday, 30 September 2018
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On 31st August 2018, the fifth meeting of the Standing Committee of the 13th National People's Congress was held in Beijing. The meeting passed the "Electronic Commerce Law", which will be implemented from 1st January 2019. This will be the first comprehensive law in the field of e-commerce in China that will regulate e-commerce behavior and guarantee the legitimate rights and interests of the main parties involved.

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Imported Goods See a Reduction in Tariffs

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on Sunday, 30 September 2018
in Business in China

The Customs Tariff Commission of the State Council issued an announcement regarding a reduction of tariffs on imported goods. The purpose of such a reduction is to meet the needs of the Chinese citizens, improving their quality of life, while promoting both structural reforms and openness of the Chinese market. Since 1st July 2018, the MFN tariff rates of 1,449 imported consumer goods have been lowered.

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The first ever China International Import Expo (CIIE)

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on Monday, 09 July 2018
in Business in China

The first ever China International Import Expo (CIIE) will take place this November in Shanghai. The Expo’s objective is to provide new opportunities for foreign countries & companies to expand their exports to China, sending a clear message to overseas investors: China is eager to open its market to new products and services from abroad. This initiative is just another tangible example of the government’s interest in affirming its openness to the globalized world.

The expo will be organized into two main areas: country pavilions for trade and investment, which will exclusively showcase products from a specific country or region, and the enterprise & business exhibition, which will allow foreign companies to exhibit themselves in two distinct sections: trade of goods (180.000) and trade of services (30.000). It is expected that a variety of sectors will be represented: High-end intelligent equipment, Automobile, Accessories & consumer goods, Culture & education, and many more. Consult the full list on the official CIIE website.

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