Biz Updates

Business climate to improve steadily
January 15, 2021
China achieved considerable progress in improving the overall business environment last year, but more efforts are still needed to further level the playing field and strengthen the rule of law, experts said.
Revised industry catalog to boost foreign investment
January 11, 2021
China is expanding investment scope for foreign investors with a new encouraged industries catalog, demonstrating the country's resolve to attract more foreign investment and spur economic growth.
Foreign institutions jump at the chance to boost presence in China
January 6, 2021
Opening up China's financial sector significantly strengthened the appeal of the country to foreign investors over the past year, with a range of overseas institutions boosting their presence in the nation.
China further opens to foreign investment
January 3, 2021
Officials say opening-up can invigorate the market, force companies to innovate and integrate Chinese resources with international resources.
China's reduced, canceled import tariffs for 2021
December 30, 2020
China will reduce or cancel tariffs on certain imported goods and materials starting in 2021 in a bid to expand imports, boost the domestic market and support the formation of high-standard free trade areas.
Foreigners encouraged to invest in more industries
December 30, 2020
China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve.
Swedish lift maker sets up office in Taicang
December 8, 2020
Swift Home Lifts Sweden AB, a Swedish lift company, has set up an office in Taicang, East China's Jiangsu province on Dec 3, according to Taicang Daily.
Market entities see rapid growth in Taicang
December 18, 2020
There were a total of 121,000 market entities in Taicang by the end of November, an increase of more than 11,000 over the past 11 months.

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