Small business has been a big focus for President Trump and his administration. Recently, he met with Executive Chair of Alibaba Group Jack Ma, where they declared their joint intention to help create a million new U.S. jobs by helping U.S. small businesses sell in China via Alibaba Group’s various platforms. However, what escaped many [...]
China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said. Their comments came after the State Council issued a document late last month outlining 20 measures to spur declining investment activity, including opening the service and financial sectors, [...]
China collected 8.97 trillion yuan ($1.33 trillion) in taxes from January to September, up 7 percent year on year, the State Administration of Taxation (SAT) said Thursday. The tax revenue growth in the first nine months this year outpaced the economic expansion of 6.7 percent in the same period. Tax collected from the tertiary industry [...]
The behaviors of copycat are widely existed in current market, such as “the free-riding against the well-known brand names” and “the imitation of famous brand-name”. The existing of copycat not only disrupted the market order, but also brought the economic and reputation cost for many consumers and enterprises due to its quality issues. Especially in [...]
Throughout the development of the global economy, China’s economic development is particularly striking and its huge market potential also continues to attract global investors. China also plays as a significant role in world economy. Due to political, cultural background and other factors, China is a country full of opportunities and challenges in the views of most investors. [...]
By 2015, China’s foreign direct investment hit a record high of $ 145.67 billion, accounting for 9.9% share of global traffic, the amount after the United States, ranked second in the world for the first time. By 2015, China’s foreign direct investment ranks second in the world, attracting foreign capital over the same period, net [...]
BUENOS AIRES - The Chinese yuan's inclusion in the International Monetary Fund (IMF)'sSpecial Drawing Rights (SDR) basket from Oct 1 is crucial for the currency's globalization,said an Argentine economist. In an interview with Xinhua, Jorge Castro, director of the Institute of Strategic Planning inBuenos Aires said the yuan is the only currency in the SDR [...]
Here comes the latest report from Mckinsey: China’s Choice: Capturing the $5 Trillion Productivity Opportunity After three decades of sizzling growth, China is now regarded by the World Bank as an upper-middle-income nation, and it’s on its way to being one of the world’s advanced economies. The investment-led growth model that underpinned this extraordinary progress [...]
Since the late 1970s China has moved from a closed, centrally planned system to a more market-oriented one that plays a major global role. UWS can assist you in the process of registering a company in China, to access this exciting market. Company Registration China is the brightest opportunity to people to open their own company [...]
There are three most common entities for Foreign investor as follows: Wholly owned Foreign enterprise ( “WOFE”) Representative office ( “RO”) Joint venture ( “JV”) In this article we are trying to describe the difference between WOFE and RO in terms of Allowable activities, setup procedure, Capital Requirement, Employment and Tax. […]