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China’s Foreign Investment Law towards stability and long-term sustainability

In the next 18 months, the Chinese Foreign Investment Law should be reshaped around three main aspects to further liberalize the Chinese market accordingly to international standards.

China to set up three New Free Trade Zones in Tianjin, Guangdong and Fujian

On December 12, 2014, Chinese Premier Li Keqiang announced the establishment of three new Free Trade Zones. The three new zones will be established in the provinces of Guangdong, Fujian and Tianjin and are based on economic hubs in the Pearl River Delta, Yangtze River Delta and Bohai region. In addition, the Shanghai Free Trade Zone will be expanded. These two measures will come into effect in the middle on March 2015.

China issues Draft Foreign Investment Law transforming foreign investments regime

China’s Ministry of Commerce released a draft of a new Foreign Investment Law for public comment on January 19, 2015. If the Law becomes adopted, it will have a strong impact on the regime for foreign investment in China; it will reduce barriers to foreign investments, enhance transparency and control the regulations in restricted industries.

Overview of the major changes

Regulations of China (Shanghai) Pilot Free Trade Zone released

It has been almost one year now since the Free Trade Zone (FTZ) has been launched.  During this time, a number of regulations have been issued by various authorities, such as the Ministry of Finance, the General Administration of Customs, the Ministry of Transport, People’s Bank of China, etc.

China Newsletter | July 2014

How to avoid the Cash Trap: strategies to repatriate profits from China in 2014

CHINA (SHANGHAI) PILOT FREE TRADE ZONE: How does one benefit?

PROGRESS SUMMARY

The launch of the Pilot Free Trade Zone “FTZ” is viewed as a quantum leap offering an opening of the service sector to foreign competition and a comprehensive liberalization of the economy. The plan will offer the qualified foreign investors the following:
  • Free transfer gain out of China
  • Free convertibility of Chinese currency
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