Monthly Archive April 27, 2021

Investment Provinces: a Quick Look at China’s Richest Regions

It is quite well-known that China had made stupendous economic growth in the last 30 years. Today, we compiled a list of the richest provinces where the growth most rapidly occurred.

Guangdong  

The three main cities are: Jiangmen City, Kaiping City, and Foshan City. The GDP (Gross  Domestic Product) is the total of 12.5% of the entire nation. This province is considered one of  the most notable provinces in China, giving it dominant economic and financial strength.  Being China’s most populous province with over 100 million residents, this province is also known for benefiting greatly from the “reform and opening” policies such as the Open Door  Policy.  

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What is an Internet Content Provider License?

First, let’s get down to the nitty-gritty of Internet Content Provider (ICP) licensing. What is it? 

An ICP license is an essential prerequisite for attracting customers in the Chinese mainland. As we have written before, it is a registration issued by the state that allows legal operation of China-based websites to legally operate in the country. 

In order to establish and expand your business globally, especially to China, one must  consider the necessary steps to file for a separate legal entities, as well as consolidating electronic commerce, so that your business will thrive- not only are these steps to getting an  ICP License encouraged, but it is also requirement in order to officially set up your site in  China. The only possible exception to this is if your site is not accommodated in mainland China. 

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What You Need to Know: China Visa Requirements

Chinese has become home for many Western expatriates who desire work outside their home countries. The Chinese government’s visa application process has been greatly simplified in recent years, but is still rather complicated. Anyone looking to acquire a Chinese work visa should keep in mind some crucial tidbits of information that will be crucial in deciding the status of your work permit.

There are three different kinds of work visas one can apply for:

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Profit Repatriation: How to Get Your Money Out of China

As China’s economy continues to grow, it appears to foreign companies as an increasingly attractive place to do business. China is the only major economy to have grown during 2020, a year remembered by many for the coronavirus pandemic and concomitant economic recession. But as foreign businesses invest in the China, a growing number of them are also looking for the most efficient way to bring their profits back home. r repatriating funds are different for individuals and companies, regarding both the preconditions one must meet and limits on the amount transferred. Here, we will can compare the regulations for companies and people:

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Come aprire un conto bancario in Cina

Aprire un conto bancario in Cina è uno dei passi fondamentali per chi volesse iniziare la sua avventura commerciale nel gigante asiatico. Una delle caratteristiche più attraenti della Repubblica Popolare Cinese è la dimensione del mercato interno, il quale, per dimensioni, non ha nulla da invidiare a quello statunitense o europeo. Tuttavia, la conoscenza della lingua e della civiltà cinese possono non bastare, in quanto fare affari in Cina implica un’adeguata conoscenza del sistema economico e burocratico. Aprire un conto bancario in Cina è uno dei passaggi fondamentali, nei prossimi paragrafi sintetizzeremo tale processo ripercorrendo i principali punti dell’iter burocratico.

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