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Business News
China's State Council on Wednesday released a document formulated by the Ministry of Commerce to accelerate the transformation of certain cities into international consumption centers.
Recently, Guangdong, China's economic powerhouse, announced a set of 20 measures to optimize tourism infrastructure and experiences and improve cross-border travel, aiming to welcome over 950 million tourists annually and generate tourism revenue exceeding 1.3 trillion yuan by 2027. The province plans to establish itself as a national tourism powerhouse in China by 2030, with industry-leading services, infr...
On March 18, a media tour in Guangzhou, Guangdong province, provided a closer look at the city's rapidly growing low-altitude economy and aerospace sectors, featuring key industry players such as XPENG AEROHT, EHang, and XAG.
Policies
  • Chinese authorities recently released revised rules on foreign investors strategic investment in listed companies in a move to encourage foreign investors to make long-term and value investments in the country.
  • Starting Wednesday, foreign residents living in Hong Kong and Macao can apply for multiple-entry visas to the Chinese mainland with a validity period of up to five years by following a simplified procedure, according to the central government.
  • Pazhou Ferry Terminal has recently been included as an exit port under the 144-hour visa-free transit policy in Guangdong, according to the Zhoutouzui Exit-Entry Frontier Inspection Station of the Guangzhou Immigration Inspection Station.
  • The Measures of Guangzhou for Immovable Property Registration Information Inquiry is hereby issued to you for your compliance and enforcement. For any questions in the enforcement, please consult the Municipal Planning and Natural Resources Bureau.
  • The Twenty-first Meeting of the Standing Committee of the Sixteenth Guangzhou Municipal People’s Congress adopted the Regulations of Guangzhou City on Foreign Language Signs in Public Places on November 29, 2023. It was reviewed and adopted by the Seventh Meeting of the Standing Committee of the Fourteenth Guangdong Provincial People’s Congress on December 28, 2023. It is hereby promulgated and will take effect from February 1, 2024 onwards.
  • To fully implement decisions and arrangements of the Communist Party of China (CPC) Central Committee and the State Council, reduce institutional costs, and boost the confidence and growth of market entities, Guangzhou Municipal Tax Service has formulated the Measures of Guangzhou Municipal Tax Service, State Taxation Administration for Taxpayer Facilitation and Business Environment Improvement in 2022 for tax and fee payers.
Policies Interpretation

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