On 20 March, the Municipal Economic and Information Commission and the Municipal Finance Bureau of Shanghai Municipality issued a subsidy to support epidemic prevention and control enterprises who resumed work during the Chinese Spring Festival and those enterprises within industries severely affected by the coronavirus epidemic. Epidemic prevention and control enterprises During the Chinese Spring…
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On 9 March Horizons Corporate Advisory partner Lucia Netti and Pier-Domenico Peirone of Pathways (Shanghai) Co Ltd (Horizons Group) participated in a webinar on the impact the COVID-19 epidemic is having on companies and international trade. The webinar was organised by Confindustria Bergamo, an Italian management consulting company. During the webinar, Ms. Netti and Mr.…
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Further measures put in place to fast-track and streamline visas and residence permits Recently, China’s National Immigration Administration announced Ten Measures to Assist the Epidemic Prevention and Control and Serve the Economy and People’s Livelihood (“Measures”). Primarily, the Measures serve to fast-track and streamline visa and residence permits to ensure exit and entry channels support…
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Horizons will continue to update important business news and information related to the coronavirus epidemic. 5 Months Reduction on Employee Medical Insurance Premium The China Ministry of Finance, National Medical Insurance Bureau and Tax Bureau jointly announced the Guiding Opinions on the Periodic Reduction of Basic Employee Medical Insurance Premium (“Guiding Opinions”) measure on 21 February 2020.…
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An updated version of this post appears here. Further nationwide measures to support businesses in China have been announced At the 18 February State Council of the People's Republic of China executive meeting chaired by Premier Li Keqiang, the council announced policies that included a reduction in social insurance premiums and a deferment in payment…
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