Changing Business Software China
Companies have strived to capture and defend their market share through various approaches in the past three years. While some have pursued strategies such as downsizing, mergers and acquisitions or aggressive sales drives, others have opted to evaluate internal practices and determine how to make adjustments within the business itself. This includes assessing software being […]
How to Authenticate Documents for China
How to get documents authenticated for China used to be a major headache for foreign companies and individuals wishing to do business in China. However, on March 8, 2023 the Chinese ambassador to the Netherlands, Tan Jian, officially submitted China’s instrument of accession to the Hague Convention of 5 October 1961 abolishing the requirement of […]
Entry Visa for China
For the first time in 3 years China will open up to foreign visitors, with all categories opening up for application. Announced in a government notice, the new policies and measures are being implemented as of Wednesday, March 15th, 2023. In previous years, under administrative enforcement of zero-COVID policies, inbound international travels into China were […]
Intellectual Property in China
In recent years, China has taken many steps to become a more favorable landscape for global businesses to thrive. In fact, in 2019, it was named one of the world’s “Top 10 Most Improved Economies for Ease of Doing Business” by the World Bank. With a bustling economy, a growing middle class, and a culture […]
Business Visa in China
On the 8th of January China’s National Immigration Administration (NIA) declared that a plan has been established to re-issue visas to foreign travelers who wish to enter the country. This announcement is part of the country’s initiative to reopen the economy after years of COVID-19 restrictions and is welcomed by the global business community. If […]
2023 Sino Benelux Business Survey
Taking stock of Business in China over the past year has been a challenge for most businesses. We need not mention the impact of the restrictions and lockdowns felt across multiple sectors, which had a ripple effect on the global economy. With the zero-Covid policy coming to an end in China, businesses have an optimistic […]
Encouraged Industries for Foreign Investment China
China is maximizing its efforts to accelerate the opening of its economy by enabling more opportunities for foreign companies to invest. In 2019, authorities released the Catalogue of Industries for Encouraged Foreign Investment, which consists of more than 1,400 items which detail the types of investments and industries that can benefit from the country’s improved […]
The End to China’s COVID-Zero Policy
The zero-COVID measures enforced by China had been seen to be effective for a period of time, but as the world learned to live with COVID China had upheld the stringent measures. The measures, which had an impact on businesses and individuals, had restricted travel and impacted global supply chains . With the recent developments […]
What to Expect From China in 2023
Globally 2022 has been a difficult economic period to navigate with so many headwinds prevailing. China had additional restrictions to manage with the implementation of its zero-Covid policies. Businesses became even more risk averse, most opting for a cash conservation approach to preserve much needed liquidity. Covid policies impacted staff, supply chains, logistics, manufacturing, productivity and […]
Banking in China
What is a Business Bank Account? A business bank account is a bank account used by business owners to carry out corporate transactions, in addition to being a separate account that allows businesses to effectively manage their finances and tax obligations. While business bank accounts operate similarly to a standard personal bank account, users often […]
