The National Immigration Administration (NIA) of China announced that it would be releasing a new version of the foreign permanent resident ID card starting December 1, 2023.

China will extend preferential tax policies for foreign nationals working in the country until the end of 2027.

China will once again implement fast-lane services for a range of travelers entering and exiting the mainland, with the goal of accelerating border inspections and simplifying travel across regions.

After nearly two years of strict travel restrictions due to the pandemic, China has taken a significant step towards reopening its borders by resuming the issuance of visas for foreigners of all categories

Foreign investment in outbound travel services in China is now in a pilot stage following significant easing of Chinese travel restrictions.

The Fast Pass provides a significantly faster and more convenient avenue to purchase and send foreign currencies out of China.

SMEs and Enterprises in the manufacturing and other industries can claim a one-time uncredited VAT refund.

The Work Report is typically highlighted by major policy announcements and governmental priorities for the following year.

Changed to the Encouraged Catalogue and Negative Lists provide foreign investors greater market access going forward.

Foreign investment in sectors that affect or may affect national security are subject to new security review requirements.