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New Shanghai Action Plan To Enhance Business Environment

New Shanghai Action Plan To Enhance Business Environment

New Shanghai Action Plan, China’s commercial hub, is taking measures to enhance its business climate with the latest iteration of the Shanghai Action Plan for Strengthening Integrated Innovation and Continuously Optimizing the Business Environment. The plan’s primary goal is to create an international-first-class economic climate with the most convenient trade and investment, outstanding administrative efficiency, standardized government services, and a…

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Happy Chinese New Year! 2023

Happy Chinese New Year! 2023

Happy Chinese New Year! As the Lunar New Year approaches, the Sapience Pro team would like to extend our best wishes to our clients and partners. This major cultural event symbolizes the start of a new year, and we are excited about the chances and possibilities it presents. The Chinese New Year is a special occasion representing new beginnings and the…

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All inbound travelers to China will be exempt from quarantine from January 8th.

All inbound travelers to China will be exempt from quarantine from January 8th.

According to the National Health Commission, China will remove quarantine rules for all passengers traveling to China beginning January 8, 2023. The health authority said in a statement that COVID-19 would also be downgraded to Category B from the current Category A, meaning that quarantine will no longer be enforced. According to the National Health Commission, China will refer to…

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The 2022 CIIE, China International Import Expo, Top Highlights, Innovation Drives Sustainability

The 2022 CIIE, China International Import Expo, Top Highlights, Innovation Drives Sustainability

On Friday, November 5th, The China International Import Expo (CIIE) celebrated its 5th anniversary. The event is intended to bring much-needed momentum to the global economy. It is the critical platform for the country’s pledge to pursue long-term reform and opening up. It also intends to foster technological and economic growth while supporting the use of green energy in all…

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15th New Measurements to promote foreign investments into China.

15th New Measurements to promote foreign investments into China.

On Tuesday, October 25th, China’s primary economic planner, the National Development and Reform Commission (NDRC), along with five other ministries, published 15 measures to facilitate the implementation of foreign-invested projects, with a focus on the manufacturing and high-tech industries. According to the Ministry of Commerce, China’s utilization of foreign direct investment increased 16.4 percent year on year to 892.7 billion yuan ($122 billion) in…

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