Shanghai, a city on the path to becoming an international hub for science and technology innovation, has witnessed a remarkable surge in the establishment of foreign-funded research and development centers over the past three years.
The Hongqiao International Central Business District has announced a comprehensive three-year action plan aimed at fostering the development of a complete Silk Road e-commerce supply chain.
China has relaxed its restrictions on preliminary expense remittance in outbound direct investment projects, as part of its reform efforts to facilitate cross-border investment, the State Administration of Foreign Exchange said.
Chinese authorities have unveiled a raft of measures to strengthen financial services for private companies as part of efforts to help spur their growth.
China decided to offer visa-free entry to travelers holding ordinary passports from France, Germany, Italy, the Netherlands, Spain and Malaysia from December 1, 2023, to November 30, 2024.
Known for its progressive market policies, Shanghai has been taking steps to enhance its modern service industry and promote a more open and accessible trade sector.
China's 72-hour and 144-hour visa-free transit policies have been extended to visitors from 54 countries, with Norway being the latest addition to the list, an official from the National Immigration Administration said on Friday.
The Foreign Ministry said on Monday that China will continue to improve its visa policies and actively create more favorable conditions to boost cross-border travel.
