Biz Updates

Nation opens further to foreign investors
October 21, 2020
China is taking more steps to open up its economy to foreign investors, as it aims to further facilitate investment and spur growth despite disruptions from the COVID-19 pandemic and mounting international uncertainties, officials and experts said on Tuesday.
Tax deduction policies benefit foreign trade companies
August 3, 2020
China's foreign trade enterprises have been boosted by a series of tax deduction policies, ensuring the smooth operation of the foreign trade industry supply chain, Sina Finance reported on July 31.
Economy gathers steam in East
July 31, 2020
Major economic indicators have been showing steady signs of recovery in East China, while efforts have been made to navigate the unprecedented difficulties encountered during the COVID-19 outbreak in the first half.
Better business climate for foreign trade, investment
July 28, 2020
To create a friendlier business environment for enterprises in foreign trade and foreign-invested firms, China will make more efforts to boost customs clearance efficiency for imports and exports, employ "single window" services in international trade, and further clear the way to operate or invest in the country.
FDI increases 8.4% in second quarter
July 19, 2020
Foreign direct investment on the Chinese mainland saw an 8.4 percent year-on-year increase in the second quarter, the Ministry of Commerce said on Thursday.
Paid-in foreign capital sees 6-fold increase in Taicang town
June 19, 2020
Shaxi town, a scenic spot in Taicang, Jiangsu province, received $54.96 million in foreign investment from Jan to May, local media reported on June 14.
Suzhou tops ranking among second-tier cities for tech firms
June 16, 2020
Suzhou boasted the largest number of national-level high-tech companies among second-tier cities in China last year, according to a Yicai.com report released on Monday.
Three railway stations to open in Taicang
June 14, 2020
Phase one of the Shanghai-Nantong Railway will open to travellers in July, and three stations in Taicang, Jiangsu province – Taicang Railway Station, Taicangnan Railway Station, and Taicang Port Railway Station – are nearly completed, local media reported on June 8.

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