In 1978, China opened the door to foreign investment through the Reform and Opening Up policy initiated by Deng Xiaoping. Since then, during the last 40 years of robust economic growth in China, foreign investment policies attaching foreign capital has played an essential and unique role in the modernisation and advancement of China. Currently, we…
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The Exit-Entry Administration Law of the People’s Republic of China, Article 39, requires foreign nationals and persons from Hong Kong, Macau and Taiwan, who reside or stay in domiciles other than hotels to register with the public security bureau (PSB—the police) within 24 hours of arrival. Previously, overseas people coming to China long had to…
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Horizons Corporate Advisory has recently participated in Missione in Cina: Commercialisti e imprese verso i mercati esteri (Delegation in China: Chartered Accountants and Companies Facing Foreign Markets), a multicity event presented by Italy’s AICEC – the Italian Professional Association of Chartered Accountants. The roadshow event included agendas delivered in Italy a few months back and…
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As of 2019, there are an estimated one-million foreigners working in China. For many foreigners, working in China offers multiple opportunities to expand one’s career, learn Mandarin and acquire valuable cross-cultural skills. While there are numerous work opportunities in China, many foreigners express difficulties and uncertainties in navigating the work visa application process, including the…
Read moreFrom the 1 January 2020, Foreign Investment Law of the People's Republic of China (“FIL”) becomes effective. The FIL adopted at the Second Session of the Thirteenth National People's Congress marks a significant era for foreign investment in China and many foreign entities will be affected by the FIL. In this two-part series, we analysis…
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