Foreign Status Equal to Chinese

The Shanghai Free Trade Zone has rolled out new measures to create a favorable environment for business and woo foreign tech talent, local authorities said on Monday. Market supervision authorities in the zone, which is located in the Pudong New Area, announced a 20-point regulation to improve the business environment, said Zhang Jianhua, deputy director […]

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Airbus, China industrial cooperation

Airbus has seen sustained rapid progress in industrial cooperation with China, with deals surging to nearly 600 million U.S. dollars in 2017, said Airbus China. The European aviation giant has seen multiple milestones in its industrial cooperation with Chinese partners, such as the new completion and delivery center in Tianjin for its wide-body A330 aircraft […]

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Expectations for China’s Economy in 2018

Once again it is time for reflections and resolutions. For China, which sailed through a difficult year safe and sound and with government promises of a more efficient and open economy, the country is ready to start a new journey. Despite some turbulence along the way, China’s economy ended 2017 stronger than expected: headline growth […]

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China Unveils Tax Exemption

China’s Ministry of Finance (MOF) said Thursday it will exempt foreign companies from paying provisional withholding income tax on profits they re-invest in the country. The news comes as the Chinese government is moving to attract foreign investors after a host of countries unveiled similar measures to lure foreign and domestic investment. Foreign companies play […]

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“Fearing Neither Hardship nor Death”

President Xi Jinping instructed the armed forces to strengthen real combat training and improve its war-winning capability. Xi, also general secretary of the Communist Party of China (CPC)Central Committee and chairman of the Central Military Commission(CMC), made the remarks while issuing an order at a mobilization meeting held by the commission. It was the first […]

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Chinese company helps write new chapter in Ukraine’s Black Sea port

Ukraine’s Black Sea port of Yuzhny is in the midst of the major dredging operation.  The Beijing-based China Harbor Engineering Company (CHEC) is carrying out the dredging, helping Ukraine to transform the Soviet-built port into a modern maritime facility and write the new chapter in the history of Yuzhny. Founded in 1978, Yuzhny is one […]

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China Cultural Center Inaugurated in Bulgaria

The first China Cultural Center in Bulgaria was inaugurated here on Thursday. The center, covering an area of almost 4,000 square meters, is located in the downtown of Sofia, Bulgaria’s capital city, and includes exhibition halls, a library and rooms for teaching Chinese language, calligraphy, music, martial arts, dance and cuisine. Zhang Xu, China’s Vice […]

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