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China’s legislature has adopted an amendment to the China Company Law, passing sweeping changes to company capital rules, corporate governance structures, liquidation procedures, and shareholder rights, among others.The China revised company law has come into effect on J...Read more »
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New China Company Law New China Company Law officially came into effective on July 1st, 2024. For WFOE registered in China there are updated requirements regarding registered capital pay up as well as timeline. The most important policy for invetors is registered capit...Read more »
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Foreign diplomats in China expressed interest in cooperating with Shanghai's advanced manufacturing and technology companies during an industry cooperation forum on Friday, part of the inaugural 2024 "Global Insights into Chinese Enterprises" tour. The envoys engaged in ...Read more »
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In response to a recent notice from the State Council and People's Bank of China (PBC), China's leading payment platforms Alipay and Weixin Pay have introduced a series of measures to improve payment services for foreign nationals. This initiative marks China's latest ef...Read more »
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In the 20th year of its establishment, the China-Arab States Cooperation Forum is holding its 10th ministerial meeting in Beijing, where leaders and ministers from China and Arab countries will gather to discuss ways to further deepen cooperation and build a China-Arab c...Read more »
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In the 75 years since the establishment of diplomatic relations between China and Hungary, the two sides have cooperated closely and achieved remarkable results. In recent years, China-Hungary comprehensive strategic partnership has been upgraded continuously, pragmatic ...Read more »
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Shanghai has released Shanghai Pass, a multipurpose prepaid travel card, to facilitate easy payments by inbound travelers and other visitors. With a maximum balance of 1,000 yuan ($140), Shanghai Pass can be used for public transportation, and at cultural and tourism ven...Read more »
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Seven Chinese cities have made into world's wealthiest cities ranking for 2024, according to a report from investment immigration consultancy Henley & Partners and wealth intelligence firm New World Wealth. They are Beijing, Shangh...Read more »
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CCTV News: Hungary is located in the heart of Europe and has unique geographical advantages. The China-EU Trade and Logistics Cooperation Park located in Budapest, the capital of Hungary, was established in November 2012. It is the first trade and logistics overseas econ...Read more »
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An increased number of overseas buyers joining the 135th China Import and Export Fair, one of the biggest trade events in China, has helped greatly boost orders for Chinese export-oriented companies, the fair's organizers said. "In addition to on-site contract signings,...Read more »
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Digital commerce is an important component of the digital economy with the fastest development, the most active innovation, and the most abundant applications. It is the specific practice of the digital economy in the business field, and is also the implementation path f...Read more »
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In the first three months of the year, China's GDP expanded 5.3 percent from one year earlier, accelerating from 5.2 percent in the previous quarter, data from the National Bureau of Statistics (NBS) showed. Acknowledging the performance as a "good start," guest speaker...Read more »