What Should Foreigners in China Know About Social Insurance 2023?
FDI China Blog
by Tugce Cifci
4M ago
Social insurance for foreigners in China plays a crucial role in ensuring their well-being, legal compliance, and long-term financial security. These programs, often mandatory, encompass health insurance, retirement benefits, and access to various social welfare provisions. Understanding the significance of social insurance is essential for foreigners living and working in China, as it not only safeguards their health and finances but also facilitates legal compliance, job opportunities, and integration into Chinese society. In this article, we’ll explore the importance and implications of soc ..read more
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The Top 8 New Best Cities In China For Setting Up a Business in 2023
FDI China Blog
by Tugce Cifci
4M ago
When you’re thinking about starting a business in China, it’s like picking your dream destination for a great adventure! But, before you pack your bags, let’s talk about choosing the perfect city to start your business journey. China has this cool classification system for its cities: Tier 1, Tier 2, and Tier 3. Think of it like ranking cities by how awesome they are businesses.  The most recent ranking of Chinese cities for their commercial magnetism has just been released. There are more new first-tier cities now.  Now, here’s the exciting part: Tier 1 cities are like the superhero ..read more
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China Releases New Foreign Permanent Resident ID Card 2023
FDI China Blog
by Tugce Cifci
4M ago
China introduced permanent residency permits in 2004, but the initial batch of permits was notably challenging to obtain. According to the Ministry of Public Security, just over 7,300 of these permits were issued in the decade following their introduction. In a recent development, the National Immigration Administration of China (NIA) held a press conference in Beijing on September 15. During this event, they revealed that a new edition of the Foreign Permanent Resident ID Card for the People’s Republic of China is set to be officially launched and put into effect starting from December 1, 202 ..read more
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China’s New 24-Point Guidelines: A Game-Changer for Foreign Investment?
FDI China Blog
by Tugce Cifci
4M ago
China is reaching out to attract foreign investment as its economy faces challenges due to the impact of the COVID pandemic, such as a slowdown in exports and ongoing issues in the property market. For this reason, China is putting significant effort into welcoming more foreign investment in recent years.  With its massive market, China aims to make itself even more appealing to international investors. These efforts come at a crucial time, considering the sluggish global economic growth and declining foreign investments. These policies are focused on enhancing China’s global engagement ..read more
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What are articles of incorporation?
FDI China Blog
by Cherry Zhao
4M ago
Introduction Articles of Incorporation, often referred to as a corporate charter or simply “articles,” are a foundational legal document that serves as the cornerstone of any incorporated business entity. These documents outline the essential framework for the creation and operation of a corporation. The primary purpose of Articles of Incorporation is to formally establish a corporation as a distinct and separate legal entity, distinct from its founders, shareholders, and directors. At its core, Articles of Incorporation provide a clear and comprehensive blueprint for how the corporation will ..read more
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Mechanics and Purpose of 2023 Staffing Agencies
FDI China Blog
by Cherry Zhao
4M ago
Introduction The significance of comprehending the purpose and mechanics of staffing agencies cannot be overstated. For job seekers, staffing agencies offer a gateway to a diverse array of job opportunities, including those that may not be publicly advertised. They provide valuable insights into the job market, offer career guidance, and help candidates refine their skills and resumes to increase their chances of landing their desired positions. Brief overview of staffing agencies Staffing agencies, often referred to as employment agencies or recruitment firms, are organizations that specializ ..read more
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Incorporation vs employer of record (EoR) in China
FDI China Blog
by Cherry Zhao
4M ago
Introduction Before delving into the specifics of incorporation and Employer of Record (EoR) in China, it’s essential to grasp the unique business landscape of this vast nation. China’s economic growth over the past few decades has been nothing short of remarkable, propelling it to become a global economic powerhouse. With a population of over 1.4 billion and a rapidly expanding middle class, China offers immense market potential for companies worldwide.  However, navigating this landscape requires a deep understanding of not only the opportunities but also the challenges and intricacies ..read more
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What Should Foreigners in China Know About Social Insurance 2023?
FDI China Blog
by Tugce Cifci
7M ago
Social insurance for foreigners in China plays a crucial role in ensuring their well-being, legal compliance, and long-term financial security. These programs, often mandatory, encompass health insurance, retirement benefits, and access to various social welfare provisions. Understanding the significance of social insurance is essential for foreigners living and working in China, as it not only safeguards their health and finances but also facilitates legal compliance, job opportunities, and integration into Chinese society. In this article, we’ll explore the importance and implications of soc ..read more
Visit website
The Top 8 New Best Cities In China For Setting Up a Business in 2023
FDI China Blog
by Tugce Cifci
7M ago
When you’re thinking about starting a business in China, it’s like picking your dream destination for a great adventure! But, before you pack your bags, let’s talk about choosing the perfect city to start your business journey. China has this cool classification system for its cities: Tier 1, Tier 2, and Tier 3. Think of it like ranking cities by how awesome they are businesses.  The most recent ranking of Chinese cities for their commercial magnetism has just been released. There are more new first-tier cities now.  Now, here’s the exciting part: Tier 1 cities are like the superhero ..read more
Visit website
China Releases New Foreign Permanent Resident ID Card 2023
FDI China Blog
by Tugce Cifci
7M ago
China introduced permanent residency permits in 2004, but the initial batch of permits was notably challenging to obtain. According to the Ministry of Public Security, just over 7,300 of these permits were issued in the decade following their introduction. In a recent development, the National Immigration Administration of China (NIA) held a press conference in Beijing on September 15. During this event, they revealed that a new edition of the Foreign Permanent Resident ID Card for the People’s Republic of China is set to be officially launched and put into effect starting from December 1, 202 ..read more
Visit website

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