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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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Sapience Pro R&D Lab Safety & Environmental Protection Management Webinar

Sapience Pro R&D Lab Safety & Environmental Protection Management Webinar

Sapience Pro, together with Shanghai Lingang Jinshan No.2 Industrial Zone, Shanghai Carbon Valley Green Bay R&D Base Industrial Development Co., and the Shanghai Institute of Chemical Industry, organized an online sharing on R&D Safety and Environmental Protection Construction Management. The event was a great success, with close to 100 local & overseas participants. The attendees were mainly leaders from chemical companies…

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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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Chinese digital RMB e-CNY is about to change the global Fintech Industry.

Chinese digital RMB e-CNY is about to change the global Fintech Industry.

As China takes measures to open financial markets, the Chinese Yuan is becoming a more important global currency. According to the Bank of International Settlements (BIS), the Chinese Yuan will account for 7% of all trades in 2022, up from 4% three years ago, and total daily trade will increase to $7.5 trillion, up from $7.5 trillion. The yuan surpassed the Australian,…

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